ArcelorMittal ceases production at Newcastle, still no rescue in sight
Has spent the R1.683bn facility provided by the IDC intended to delay its closure. From Moneyweb and The Citizen. ArcelorMittal SA (Amsa) says it has […]
Month: November 2025
South Africans in financial distress are turning to gambling in their millions
Up to 50% of social security grants to younger groups are blown on gambling, according to research by Experian and Vault22. From Moneyweb. Gambling has […]
Reserve Bank ordered to freeze vape shop owner’s bank accounts over R40m claim
Former business associate claims Muhammad Karolia is a fraudster with a gambling problem. From Moneyweb. Also reported in The Citizen. Mohammed Ebrahim and vape shop […]
Trouble ahead for Creecy’s fuel storage plan in Durban
BEE players say they were not consulted over minister’s decision to renew 25-year fuel storage operator agreements with international companies. From Moneyweb. Black economic empowerment […]
Can the bank take your house if you are under debt review?
High court throws out homeowner’s application to stop his house being transferred to a new owner – but on the grounds of urgency. The case […]
Why a bitcoin strategy is a must-have for companies
Pat Hourigan of Frictionless Markets says all companies should have a bitcoin reserve strategy if they want to preserve long-term wealth. From Moneyweb. You can […]
VALR becomes SA’s first licensed crypto derivatives issuer
This enables it to offer derivative contracts and options with underlying assets such as cryptocurrencies, commodities, shares, currencies and indices. From Moneyweb. In what is […]