November 13, 2018.

For Creamer Media in Johannesburg, I’m Halima Frost.

Making headlines:

Court orders VBS Bank to be liquidated

Blue-light protection for Malema

And, Gordhan's State capture testimony postponed

 

The North Gauteng High Court has granted an order to liquidate VBS Mutual Bank.

This after the South African Reserve Bank's Prudential Authority applied for the final liquidation of the bank.

The bank's curators previously identified its financial state "as hopelessly insolvent" and that there was no prospect of it being saved.

 

Economic Freedom Fighters leader Julius Malema is receiving blue-light protection, police have confirmed.

National police spokesperson Vish Naidoo said Malema was being protected by the South African Police Service but he could not provide further details for security reasons.

The Sowetan reported that Malema's car had been "seen escorted by a white BMW sedan with blue lights in and around Parliament last week".

EFF spokesperson Mbuyiseni Ndlozi told the Sowetan that threats had been made against Malema.

 

Public Enterprises Minister Pravin Gordhan's testimony before the commission looking into State capture has been postponed to November 19 from Thursday.

Commission chairperson, deputy Chief Justice Raymond Zondo, said he had granted an application by Gordhan to move the date.

The Minister will be available on Tuesday, November 20, in case he is needed and in case a leave to cross-examine is brought forward

Gordhan's statement was leaked and widely reported on last week, prompting Zondo to issue a statement of condemnation. He said an investigation into the incident was underway and urged media houses to desist from publishing evidence before witnesses appeared before the commission.

 

That’s a roundup of news making headlines today

Don’t forget to follow us on Twitter [@PolityZA]