Financial advisor in R1m scandal; End of the runway for Mango: Today&#x2019s top 7 stories

Aug 20, 2025 Business views: 233

News24 brings you the top 7 stories of the day.

Graphic: Sharlene Rood

News24 brings you the top stories of the day,summarised into neat little packages. Read through quickly or listen to the articles via our customised text-to-speech feature.

Knysna financial advisor Richelle Kohn is accused by former clients of exploiting her position for loans,though she denies owing more than R610 000.

Instagram/richelle_kohn

‘A relentless pattern of deception’: Knysna financial advisor accused of fleecing clients

- A Knysna financial advisor,Richelle Kohn,is under investigation for allegedly defrauding over 30 people of more than R1 million by soliciting loans based on privileged client information.

- Two former clients have reported Kohn to the Ombud for Financial Advisory and Intermediary Services,accusing her of using her position to target them and others through a “protracted and elaborate scheme”.

- Kohn admits to owing money and sharing confidential information but denies the scale of the debt and claims of malicious intent,attributing her actions to severe depression and irresponsible behaviour.

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A taxi association in KwaZulu-Natal has warned teachers to stop giving pupils lifts. Authorities said it was illegal for anyone to force passengers to use taxis.

Gallo Images/Darren Stewart

KZN taxi association warns teachers to stop giving lifts to pupils,threatens impoundment

- The Klipriver Taxi Association in Ladysmith,KwaZulu-Natal,has warned teachers to stop giving pupils lifts and threatened to impound their vehicles.

- The provincial Department of Transport condemned the threats,stating that only law enforcement has the authority to regulate transport.

- The department is intervening through the Provincial Regulatory Entity to address the issue and work with the police.

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The Legal Practice Council confirmed that the sexual harassment inquiry into a prominent Cape Town lawyer accused by two female attorneys would be held in secret.

Getty Images/Edward Olive

Top Cape Town lawyer’s sex pest case to be heard in secret

- A prominent Cape Town lawyer will face a secret Legal Practice Council (LPC) disciplinary inquiry on Monday regarding allegations of sexual harassment made by two female lawyers.

- The LPC’s decision to hold the inquiry in secret,shielding the accused lawyer from public scrutiny,has raised concerns and led to comparisons to similar cases.

- The accusations against the lawyer include inappropriate touching and sexually loaded comments made to the female lawyers when they were candidate attorneys between 2012 and 2018.

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A plan to revive Mango Airlines with private investment has failed.

Gallo Images/Nardus Engelbrecht

End of the runway for Mango: Four years on,revival bid finally collapses

- A private investor’s bid to take over Mango Airlines has failed after four years of business rescue.

- The business rescue practitioner now proposes a structured wind-down of the airline,which he believes will provide a better return for creditors than liquidation.

- The airline has R382.5 million in cash but faces over R3 billion in claims,with a structured wind-down potentially allowing creditors to recover a larger portion of their dues.

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President Cyril Ramaphosa has cautioned those who opted out of the first National Convention of the National Dialogue that they could regret it.

Thahasello Mphatsoe/News24

ANALYSIS | The whiff of eau de ANC whipping up cynicism about the National Dialogue

- The National Convention,intended to kick off a National Dialogue,has been criticised for feeling like an ANC electioneering event and failing to offer meaningful substance.

- President Ramaphosa’s involvement and the event’s trappings of government authority raised concerns about whether it was truly a citizen-led process.

- The author questions Ramaphosa’s posing of fundamental societal problems,given his long tenure in government,suggesting either ineptitude or a blame-shifting strategy.

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Springbok captain Siya Kolisi has been laid low by a knee injury sustained against the Wallabies at Ellis Park.

Anton Geyser/Gallo Images

Bok injury crisis: Hammer blow as Kolisi ruled out,Eden Park dream in jeopardy

- Siya Kolisi,Pieter-Steph du Toit,Kurt-Lee Arendse and Edwill van der Merwe are injured and will miss the upcoming Rugby Championship match against Australia.

- Jesse Kriel will captain the Springboks against Australia in Cape Town in Kolisi’s absence.

- Cheslin Kolbe and Damian de Allende are fit and available for selection for the match against Australia.

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Amapiano artist and producer Kelvin Momo.

Ditiro Selepe/News24

Kelvin Momo apologises for ‘unprofessional’ no-show at Sun City event

- Kelvin Momo apologised for missing his performance at Sun City Resort’s Outside event,citing unforeseen circumstances and miscommunication.

- Sun City Resort criticised Momo’s “poor” and “unprofessional” conduct,stating he was contracted,booked and paid but failed to arrive or communicate.

- This incident follows previous reports of Momo missing performances,including three in one weekend in May,for which he also apologised,citing ill health.

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*These summaries were written with the support of Gemini Pro AI.

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