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Month: January 2021

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Mboweni dissolves entire Irba board after controversial CEO appointment

January 29, 2021 Ciaran Ryan 0

Former JSE chief Roy Andersen and Nonkululeko Gobodo step in as caretakers until new board is appointed. From Moneyweb. Finance Minister Tito Mboweni has dissolved […]

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Profile of an MTI investor left destitute

January 27, 2021 Ciaran Ryan 0

Domestic worker ploughed her life savings of R25 000 into MTI and failed to withdraw her money before the company collapsed in December. From Moneyweb. […]

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Trailer hire companies not liable for customers’ traffic offences – court

January 25, 2021 Ciaran Ryan 0

That liability falls to the driver of the towing vehicle. From Moneyweb. Trailer hire companies are clearly fed up with the mountain of traffic tickets […]

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Cigarette war goes radioactive

January 22, 2021 Ciaran Ryan 0

Tax justice group says two of every three cigarettes sold in SA is illicit, robbing the fiscus of R8bn a year. Small tobacco manufacturers say […]

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Two forex trading companies go belly-up, owing investors upwards of R1bn

January 21, 2021 Ciaran Ryan 0

Praesidium and Imagina FX were placed in liquidation last year after clients’ demands for refunds went unanswered. From Moneyweb. As the bells were ringing in […]

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MTI profiteers could be asked to pay back the money

January 19, 2021 Ciaran Ryan 0

Criminal case opened. Liquidators will have to track down thousands of investors using nothing more than emails. From Moneyweb. The Financial Sector Conduct Authority (FSCA) […]

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MTN loses appeal, must pay dealer R11.4m in damages

January 19, 2021 Ciaran Ryan 0

MTN claimed a dealer was trying to hide 15 items of obsolete stock from an internal auditor. The court didn’t buy this version. From Moneyweb. […]

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Evidence that banks sell repossessed houses for cents in the rand

January 18, 2021 Ciaran Ryan 0

According to an affidavit filed in support of the R60bn class action suit by dispossessed homeowners against major banks. From Moneyweb. It’s been known for […]

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Government wants to track you from cradle to grave

January 17, 2021 Ciaran Ryan 0

Under a new ID system that is being sold to us as gender-fluid and in keeping with best practice. From DearSA. The government’s draft official […]

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Finalmente Global placed in final liquidation as MTI dominoes start falling

January 15, 2021 Ciaran Ryan 0

Pretoria High Court skips the provisional step and jumps straight to final liquidation for the first MTI-linked organisation to fall. More are expected. From Moneyweb. […]

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