Zondo praises EOH for coming clean, but says it cannot keep the proceeds of corruption
Corrupt tendering involving the City of Joburg helped fund the ANC’s election campaign. From Moneyweb. Volume 1 of the latest section (Part 4) of the […]
Month: April 2022
A wake-up call for SA’s ballooning cities
Their populations are exploding at rates far in excess of economic growth. From Moneyweb. Buried in the dry numbers of the latest State of South […]
SA house prices measured in bitcoin increase for the first time in a decade
But over the last 10 years, bitcoin’s deflationary power is unrivalled. From Moneyweb. It’s a fun but increasingly irrelevant historical fact to recount the most […]
Sibanye-Stillwater increases wage offer in bid to end 45-day strike
The action has cost 30 000 workers at the miner’s gold operations close to R1bn in lost pay. From Moneyweb. Seeking an end to the […]
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, […]