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Month: May 2024

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It may take R80bn and 10 years to fix Transnet’s core rail network

May 30, 2024 Ciaran Ryan 0

Getting it right could add as much as 1% to annual GDP. From Moneyweb. It may cost R80 billion and take 10 years to fix […]

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Nedbank blames Transnet as it exits mediation over locomotive swaps deal

May 28, 2024 Ciaran Ryan 0

This dispute relates to interest rate swaps arranged by Gupta-aligned Regiments Capital in 2015 and 2016. From Moneyweb. Nedbank has pulled out of mediation talks […]

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BHI’s Craig Warriner nailed for 25 years by FSCA forensic audit

May 28, 2024 Ciaran Ryan 0

Evidence shows he roped in R2.9bn just since January 2020, but used less than 20% for legitimate trading. From Moneyweb. BHI Trust mastermind Craig Warriner […]

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A tense week for SA as riot warnings issued ahead of election

May 28, 2024 Ciaran Ryan 0

A reprise of the 2021 riots is ‘less likely’ but not out of the question. From Moneyweb. Traffic on the N2 and N3 in Durban […]

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Despite Anglo’s rebuff, a deal with BHP may be closer than it appears

May 23, 2024 Ciaran Ryan 0

The discussion is less about price than about structure. From Moneyweb. BHP and Anglo American appear to be inching closer to a deal, with structure […]

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Will new cadastral agreement arrest SA mining’s 20-year exploration slump?

May 23, 2024 Ciaran Ryan 0

Government wants SA’s share of global exploration to recover to 5%. Let’s get to 1% first. From Moneyweb. A service level agreement for a new […]

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BHI Trust’s Craig Warriner debarred by FSCA for 30 years

May 21, 2024 Ciaran Ryan 0

He remains locked up in ‘Sun City’ prison in Joburg. From Moneyweb. The Financial Sector Conduct Authority (FSCA) has debarred BHI Trust’s admitted fraudster, Craig […]

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GovChat founders list tech company Suppple in Luxembourg for R4.6bn

May 21, 2024 Ciaran Ryan 0

That’s equivalent to 60 year-old Altron’s current market cap, yet Suppple has only been trading a few months. From Moneyweb. South Africa has had its […]

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Suspended: Trucker forum’s national shutdown

May 21, 2024 Ciaran Ryan 0

Says it wants zero foreigners in the industry. This comes just days before national elections. From Moneyweb. UPDATE: It was announced early on Monday morning […]

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Sars interdicted from installing CCTV cameras in cigarette factories

May 16, 2024 Ciaran Ryan 0

Case was brought by the Fair-Trade Independent Tobacco Association, representing several smaller tobacco producers. From Moneyweb. A plan by the South African Revenue Service (Sars) […]

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