FSCA agrees to waive R50m admin penalty on MTI
But reserves the right to impose penalties on individuals involved in what was rated the world’s largest crypto scam in 2020. From Moneyweb. The Financial […]
Blockchain-based stock exchange for SMEs plans to disrupt the status quo
The Reality Block Exchange – created in South Africa and registered in the Isle of Man – plans to make it a cinch for entrepreneurs […]
EOH now stabilised after selling almost 80 businesses to pay down debt
With cash flow improving, the focus turns to growth. From Moneyweb. IT company EOH has completed its turnaround strategy and is now stabilised after selling […]
ANC considers teaming up with Zim to challenge US sanctions
At a time when sanctions and trade restrictions are ramping up, the case of the Zimbabwe Anti-Sanctions Movement against the US may set a template […]
Drug money in 2021: Cryptocurrencies accounted for R26bn of it – report
With Russian users accounting for most of the traffic. From Moneyweb. Cryptocurrencies accounted for $1.8 billion (R26.4 billion) of drug money revenues in 2021, according […]
Purple Group goes for scale as platform assets top R36bn
The game is building client numbers and staking out niche markets. From Moneyweb. Purple Group, owner of investment brands such as EasyEquities, Emperor Asset Management, […]
Sibanye-Stillwater gold mining strike enters second month
Striking workers have lost at least R16 000 so far, with no resolution yet in sight. From Moneyweb. The nearly 30 000 striking gold miners at […]
Silicosis claimants paid R320m to date in class action settlement
The Tshiamiso Trust, set up to disburse funds, has handled 3 600 claims, and is paying out over R3m a day. From Moneyweb. It’s been […]
Bitcoin hits highest level of the year, but sell pressure looms
Despite the bullish sign, it might be a while before the fun returns. From Moneyweb. Bitcoin (BTC) has broken above its 100-day moving average for […]
Outrage over government plans to replace state of disaster with Covid health regulations
The country is being prepped for a permanent state of undeclared lockdown and medical crisis. From Moneyweb. Public participation platform Dear South Africa’s servers slowed […]