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Month: June 2024

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Ayo shareholders agree to repay R619m to PIC

June 30, 2024 Ciaran Ryan 0

This is one of the Public Investment Corporation’s more controversial deals – it invested R4.3bn in Ayo in 2017. From Moneyweb. Tech investment group Ayo […]

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MTI’s dwindling pool of assets

June 30, 2024 Ciaran Ryan 0

The collapsed bitcoin Ponzi scheme has shrunk from R1.1bn in 2021 to R627m. From Moneyweb. Investors in the collapsed bitcoin scheme Mirror Trading International (MTI) […]

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Copper, gold and lithium dominate mining deals

June 30, 2024 Ciaran Ryan 0

The race is on for minerals critical to the green economy. From Moneyweb. BHP’s aborted bid for Anglo American – particularly its appetising copper assets […]

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Craig Warriner’s cellmate spills the beans

June 30, 2024 Ciaran Ryan 0

Claims the fraudster still trades a sizeable portfolio from his prison cell and boasts to fellow inmates that he stole R3.3bn. From Moneyweb. BHI Trust […]

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Crypto traders feeling the heat from Sars

June 30, 2024 Ciaran Ryan 0

With the threat of criminal sanctions for non-compliance. From Moneyweb. Crypto traders have started receiving notices from the South African Revenue Services (Sars) that their […]

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How to avoid repossession, and when to invoke ‘prescription’

June 30, 2024 Ciaran Ryan 0

Few South Africans have heard of the Prescription Act, which sets out conditions under which a debt can no longer be collected. From Moneyweb. The […]

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The unravelling of the Classic Financial Services scam and the gambling millions

June 30, 2024 Ciaran Ryan 0

The son and the former wife of Classic Financial Services (One) director Cobus Geldenhuis were sequestrated this week, the latest dominoes to fall in an […]

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Insolvency practitioners fed up with delays at Government Printing Works

June 30, 2024 Ciaran Ryan 0

State printer has been in disarray since 2021, and a court showdown with insolvency practitioners appears imminent. From Moneyweb. The government gazettes that come out […]

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Crypto marketer arrested for fraud is released on bail

June 29, 2024 Ciaran Ryan 0

Neil de Waal was released from the Benoni Magistrates Court on R15 000 bail under strict conditions. From Moneyweb. Neil de Waal, a promoter for […]

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Rental growth slump in Q1 the biggest since the pandemic

June 9, 2024 Ciaran Ryan 0

Dropped 0.8% as interest rates stayed higher for longer than expected. From Moneyweb. The post-pandemic rental growth recovery came to an abrupt end in the […]

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