Court decision opens the way for consumers to get billions in fees back
Judgment is damning for credit providers. Class action suit to follow. From Moneyweb. The Cape High Court on Friday delivered a damning judgment against credit […]
Journalism
BEE shareholder asks court to put Tubular Construction in business rescue
Accuses company of fronting after receiving no dividends. From Moneyweb. Brian Bestenbier, a black economic empowerment (BEE) shareholder in Tubular Construction projects, has applied to […]
Miners survive on charity while battle for Koornfontein mine drags on
Losing bidder Lurco Group feels cheated by irrational conditions imposed on it. From Moneyweb. Koornfontein coal miners have been without pay for nearly two years, […]
Supplier applies to court for liquidation of Nkomati Anthracite
Bumbana Mining says it’s owed R32m by the firm, which is part of JSE-listed Unicorn Capital Partners. From Moneyweb. Contractor Bumbana Mining is asking the […]
The days of banks suing you in the high court are over
National Credit Act matters must go through the much cheaper – and more accessible – magistrates’ courts. From Moneyweb. A recent judgment by a full […]
How the AG is trying to plug a torpedo-sized hole in state finances
New powers to enforce recommendations and chase down stolen money should help. From Moneyweb. It is astonishing to read in the Auditor-General’s (AG’s) 2019 consolidated […]
Zuma loyalists face rule-of-law reckoning
The arrest of a sitting ANC MP is an important development, and more are expected. From Moneyweb. Former state security minister Bongani Bongo was arrested […]
Trade union pension funds sit with billions of rands in unclaimed benefits
R19 billion owed to beneficiaries in metal industry. From Groundup. More than half the unclaimed benefits of R42 billion owed to roughly 4.2 million former […]
Court lays out the path for exiting debt review
Thousands who can again pay their bills can get out from under the heel of debt review. From Moneyweb. A recent judgment by a full […]
SAA resumes international flights as 200 strikers return to work
Financial damage is diminishing as services are gradually being restored. From Moneyweb. SAA has resumed flights to its eight international and six regional destinations, as […]