Blocking of IDs by Home Affairs declared unconstitutional
This will bring relief to hundreds of thousands of people, and there are many more who may be unaware the government has marked their IDs […]
How USD-backed stablecoins are helping Africans ditch miserable local currencies
The Nigerian naira and the Ghanaian cedi together lost over half their value against the US dollar in the last two years, while the rand […]
Zim truckers, refused licence renewals in SA, head for Poland
Where the entry level wage is around R34 000 a month. From Moneyweb. Zimbabwean truckers are being denied the ability to renew their South African […]
Transnet taps Vopak as preferred bidder for Richards Bay LNG terminal
There’s also been progress in reducing backlogs at the Durban container port. From Moneyweb. This week, Transnet National Ports Authority (TNPA) announced the Dutch-based Vopak […]
SA’s out-of-control copper theft problem
It’s organised, massive, and crippling key sectors of the economy, from Transnet to municipal power systems and mining. From Moneyweb. In April 2023, scrap metal […]
Can SA remove itself from the dreaded grey list by early 2025?
There are some doubts, despite Treasury’s confidence. From Moneyweb. National Treasury is hopeful SA will be removed from the dreaded Financial Action Task Force (FATF) […]
Standard Bank welcomes dismissal of rand-fixing case
Competition Appeal Court says that for Nedbank, Standard Bank and FirstRand – and all but four of the foreign banks accused of rigging the rand […]
Could 2024 be the year the rand recovers some glory?
It lost 9% to the US dollar in 2023, and 17% over the past two years. Much of that was due to load shedding, which […]
Durban container port making headway in clearing backlog of vessels
It’s down from 20 to five vessels at anchor since November. From Moneyweb. Despite extreme swells and 100km-an-hour winds at South African ports in recent […]
2023: The year cryptos stole the limelight
Solana ends the year up 620%, four times more than bitcoin’s 152%. From Moneyweb. 2023 was the year that cryptocurrencies stole the limelight. Of the 10 […]