‘We did nothing illegal’ – Kego Mining’s response to R600m lawsuit from Liberty Coal
Liberty Coal claims nearly 900 000 tonnes were illegally mined on its site. From Moneyweb. Liberty Coal is claiming damages of more than R600 million […]
ARM market cap drops R3.5bn on news of Tanzanian court challenge
Pula Graphite claims Motsepe-associated companies violated a non-compete agreement after investing in a neighbouring project. From Moneyweb. African Rainbow Minerals (ARM) has seen its share […]
‘There are no mafias at Eskom’ says chair Mteto Nyati
But there are corrupt individuals inside and outside the organisation. From Moneyweb. In his book Truth to Power, former Eskom CEO André de Ruyter detailed how several mafias […]
Crypto surges on SA exchanges as bitcoin hits record
Donald Trump’s election success has fired a new wave of enthusiasm for cryptocurrencies. From Moneyweb. South African crypto exchanges are reporting a massive bump in […]
SA’s property laundromat used to wash dodgy African funds
A new report from Open Secrets shows how corrupt money from Mozambique, DRC and Equatorial Guinea have been used to snap up luxury Cape properties. […]
FNB home repossession goes horribly wrong
It took Patience Mavuso three years to get the sale of her property reversed, during which she had to fight off repeated eviction attempts. From […]
Government Printing Works back in court over delays in publishing legal gazettes
Insolvency practitioners say it is in contempt of court for failing to publish legal notices timeously. From Moneyweb. Insolvency practitioners approached the Pretoria High Court […]
Measured in bitcoin, SA houses are going for a song
A R1m house purchased in 2017 would have cost nearly 12 bitcoin. The value of that house has fallen to less than 1.5 bitcoin today. […]
Why Africans are falling in love with US dollar stablecoins
It has less to do with crypto speculation than hedging against weakening local currencies. From Moneyweb. The rand may have notched up modest gains against […]
WesBank customer’s 20-year quest for justice is now before the ConCourt
Mzukisi Ndara bought a used car but was charged for a new one, as well as extras he did not want. He’s written a book […]