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Month: March 2022

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Panic as oil punches through $130 a barrel, nickel trading suspended on London Metal Exchange

March 9, 2022 Ciaran Ryan 0

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 […]

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FSCA issues licences as part of move to clean up online trading

March 8, 2022 Ciaran Ryan 0

QuickTrade, Khwezi Trade and IG Markets SA among those now licensed. From Moneyweb. As part of a move to clean the previously unregulated online trading […]

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CompCom green-lights Magister’s proposed takeover of Tongaat, with conditions

March 7, 2022 Ciaran Ryan 0

Clearing a major hurdle standing in the way of Magister and Zimbabwe’s Rudland family. From Moneyweb. The Competition Commission has given the go-ahead to the […]

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These are the days (if you’re a miner)

March 5, 2022 Ciaran Ryan 0

Excellent results from Sibanye-Stillwater and Exxaro round off a week of record profits for miners. From Moneyweb. It’s times like this that make mining such […]

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MTI liquidators agree to process net losers ahead of winners

March 4, 2022 Ciaran Ryan 0

Net losers are being ring-fenced from the winners to expedite claims. From Moneyweb. Liquidators for the failed Bitcoin scheme Mirror Trading International (MTI) this week […]

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Lawyers blocked from trying to side-step courts in selling repossessed homes

March 3, 2022 Ciaran Ryan 0

Court rules demand that repossessed homes be sold with a reserve price in place – but lawyers have been getting around this. From Moneyweb. Lawyers […]

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Bidvest sizzles with standout performances across the board

March 2, 2022 Ciaran Ryan 0

Post-Covid recovery and some sharp acquisitions made the difference. From Moneyweb. It’s a pattern that is replicated across many parts of the economy – the […]

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SA crypto exchange VALR raises over R750m for expansion into Africa and beyond

March 2, 2022 Ciaran Ryan 0

This values the company that launched in 2019 at R3.7bn. From Moneyweb. SA-based crypto exchange VALR announced that it has raised $50 million (over R750 […]

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Implats takes a hit to the bottom line as it acquires RBPlat

March 2, 2022 Ciaran Ryan 0

After a scintillating 2021 financial year, platinum group metal prices have softened from their peaks. From Moneyweb. Impala Platinum’s results for the six months to December 2021 […]

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Bosasa’s ‘Godfather’ Gavin Watson used prayer meetings to test staff loyalty

March 2, 2022 Ciaran Ryan 0

While paying out millions a month in bribes to keep state tenders rolling in. From Moneyweb. The latest Judicial Commission of Inquiry into State Capture […]

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