Crunch time for bitcoin
A drop to $30 000 may be on the cards, but this will bring buyers rushing back. From Moneyweb. Bitcoin’s underwhelming performance so far this […]
Facebook and WhatsApp referred to Competition Tribunal over market abuse
If found guilty, they face fines up to 10% of turnover in SA. From Moneyweb. Market abuse complaints against Facebook and its WhatsApp subsidiary have […]
Ciaran Ryan and Adv Simba Chitando on Radio 702: Zimbabwe challenges US sanctions in SA court
You can listen to the interview with Radio 702’s John Perlman here.
US government sued in Gauteng High Court over Zimbabwe sanctions
The Zimbabwe Anti-Sanctions Movement is asking the court to declare US sanctions illegal and unconstitutional. From Moneyweb. In a potentially ground-breaking international case, a group […]
Explosion in demand for gold as Ukraine smoulders
This is not yet reflected in the price of gold due to paper shorting of the metal. Could a short squeeze be imminent? From Moneyweb. […]
Comair planes grounded indefinitely over safety concerns
24-hour flight suspension over the weekend has been extended indefinitely after the airline failed to address all safety issues raised by the regulator. From Moneyweb. […]
No need to amend offer for Royal Bafokeng Platinum, says Implats
The original mandatory offer to purchase control of RBPlats left wiggle room to adjust the offer, depending on the size of RBPlats’s dividend. From Moneyweb. […]
Banks colluded to shut down Sekunjalo accounts, Competition Tribunal told
But responding banks reject this claim, saying Sekunjalo posed serious reputational and commercial risks. From Moneyweb. Sekunjalo Investment Holdings, which has stakes in Independent Media, […]
Data and fintech drive MTN’s 24% growth in earnings
The post-Covid recovery was stronger than expected. From Moneyweb. MTN’s gamble on data and fintech appears to be paying off handsomely, with the number of […]
Panic as oil punches through $130 a barrel, nickel trading suspended on London Metal Exchange
Long-term this will encourage countries to switch to renewables. Short term, expect inflation everywhere. From Moneyweb. US Brent crude oil traded above $130 a barrel […]