Nedbank sent back to school over botched attempt to recover BMW debt
There’s a lesson here for others in the same situation – always challenge the banks’ accounting. From Moneyweb. Nedbank was sent back to school after […]
Uncategorized
Court rejects urgent application to freeze 40% of Makate’s Please Call Me winnings
Black Rock Mining, which funded Kenneth Makate’s early litigation, was ordered to pay his legal costs. From Moneyweb. Litigation funder Black Rock Mining has failed […]
Why the cost of sending money depends on what passport you own
Anton Titov, founder of a RemiDe, a SWIFT-type system for the crypto age, explains why Africans pay so much more than Europeans to send money […]
Traxtion kickstarts private SA rail boom with R3.4bn investment
The rail operator will purchase 46 locomotives and 920 wagons from KiwiRail in New Zealand. From Moneyweb. Private rail operator Traxtion will invest R3.4 billion […]
Glencore-Merafe retrenchments are another casualty of Eskom
The Wonderkop and Boshoek smelters will be placed on care and maintenance from 1 January unless a solution is found before then. From Moneyweb. Glencore’s Merafe […]
Makate is trying to ‘disclaim his liabilities’, says legal funder
Says Kenneth Makate accepted millions of rand in financial support but is now trying to disclaim his obligations now that his settlement with Vodacom is […]
MTI crypto ‘expert’ is earning 5% of all bitcoin recoveries, US court told
MTI investors want testimony by Craig Pedersen excluded after it was discovered he was retained by MTI liquidators on an ‘unethical contingency fee’ basis. From […]
The crypto meltdown – an opportunity or a trap?
Shiven Moodley, macro strategist at Novaque, argues that this is an aggressive drawdown in the crypto market, not a bear market. From Moneyweb. You can […]
How Durban is clawing its way off the ‘world’s worst port’ list
Turnaround times for permit processing have been reduced from 10-12 days to 48 hours as ICTSI prepares takeover and new cranes are deployed. From Moneyweb. […]
Ramaphosa orders probe into misconduct at SA Tourism
The president signed a proclamation authorising the SIU to investigate allegations of maladministration and improper conduct at the destination marketing agency. From Moneyweb. President Cyril […]