Trailer hire companies not liable for customers’ traffic offences – court
That liability falls to the driver of the towing vehicle. From Moneyweb. Trailer hire companies are clearly fed up with the mountain of traffic tickets […]
Cigarette war goes radioactive
Tax justice group says two of every three cigarettes sold in SA is illicit, robbing the fiscus of R8bn a year. Small tobacco manufacturers say […]
Two forex trading companies go belly-up, owing investors upwards of R1bn
Praesidium and Imagina FX were placed in liquidation last year after clients’ demands for refunds went unanswered. From Moneyweb. As the bells were ringing in […]
MTI profiteers could be asked to pay back the money
Criminal case opened. Liquidators will have to track down thousands of investors using nothing more than emails. From Moneyweb. The Financial Sector Conduct Authority (FSCA) […]
MTN loses appeal, must pay dealer R11.4m in damages
MTN claimed a dealer was trying to hide 15 items of obsolete stock from an internal auditor. The court didn’t buy this version. From Moneyweb. […]
Evidence that banks sell repossessed houses for cents in the rand
According to an affidavit filed in support of the R60bn class action suit by dispossessed homeowners against major banks. From Moneyweb. It’s been known for […]
Government wants to track you from cradle to grave
Under a new ID system that is being sold to us as gender-fluid and in keeping with best practice. From DearSA. The government’s draft official […]
Finalmente Global placed in final liquidation as MTI dominoes start falling
Pretoria High Court skips the provisional step and jumps straight to final liquidation for the first MTI-linked organisation to fall. More are expected. From Moneyweb. […]
MTI: Provisional liquidators appointed
Have until March 1 to prepare a report before final liquidation order can be granted. From Moneyweb. The Master of the Cape High Court has […]
Is there a crypto bubble anywhere in sight?
With bitcoin’s 20% drop in three days, some of the air has started wheezing out of the bubble. From Moneyweb. Veteran crypto investors have seen […]