S. A: FOUR PEOPLE HAVE DIED AFTER A CAR WAS SWEPT AWAY AT AN OVERFLOWING BRIDGE IN THE MAKOTOPONG RIVER NEAR SEBAYENG.(PHOTO).

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 Four people have died after a car was swept away at an overflowing bridge in the Makotopong River near Sebayeng. Police recovered the bodies after a blue Renault Kwid carrying five occupants was pulled into the river during heavy water flow on Sunday morning, 8 March 2026. One passenger escaped from the vehicle and alerted police and emergency services. Police say the car was travelling along the Madiga–Makotopong gravel road when it overturned at the flooded bridge and was dragged into the river. The Provincial Search and Rescue team recovered the first body on Sunday. The victim was identified as Lebapa Petrus Mochitele, 27, from Madiga Village. EMS personnel declared him dead at the scene. Search operations resumed on Monday with the SAPS Water Wing Unit, EMS Search and Rescue, the Fire and Rescue Department, and an EMS helicopter. Teams located the submerged vehicle and recovered three more bodies. The victims were identified as Seobi Dikgale, 33, Betty Makokoane, 22, and Shel...
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IFC, CBN SIGN DEAL TO BOOST LOCAL CURRENCY FINANCING IN NIGERIA. (PHOTO).

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 IFC, CBN sign deal to boost local currency financing in Nigeria


The International Finance Corporation, a member of the World Bank Group and the Central Bank of Nigeria have announced an agreement to scale up local currency financing, unlocking over $1bn in investments across key sectors of the Nigerian economy.


This was according to a joint press statement from the IFC and the CBN on Monday.


The agreement, signed by IFC Managing Director Makhtar Diop and CBN Governor Yemi Cardoso, will provide naira-based financing to sectors such as agriculture, infrastructure, housing, energy, small and medium enterprises, and Nigeria’s youth and creative industries.


This deal will enable private businesses to thrive by improving access to long-term, affordable local currency funding, essential for mitigating currency risks.


The statement read, “IFC, a member of the World Bank Group, and the Central Bank of Nigeria have signed an agreement to increase local currency financing to enable private businesses in Nigeria to grow and thrive.


“The partnership will allow IFC to manage currency risks and increase its investment in Nigerian naira across priority sectors of the economy, including agriculture, housing, infrastructure, energy, small and medium enterprises and the creative and youth economy.

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