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 […]
Mantengu barred from publishing share manipulation allegations against JSE
The junior miner says it will appeal the order granted by the Joburg High Court on Friday. From Moneyweb. The Johannesburg High Court on Friday […]
Interest rate cut provides some festive cheer for cash-strapped South Africans
Financial stocks were up more than 1% on Thursday as the latest 0.25bps interest rate cut boosted equities across the board. The rate cut reduces […]
Is now a good time to buy crypto bundles?
The new VALR10 bundle is designed for investors seeking crypto exposure but who are unsure which specific assets to purchase. From Moneyweb. You can also […]