Ramaphosa cleared by Reserve Bank in Phala Phala forex case
Exchange control regulations were not triggered, because the sale of 20 buffalo had not been ‘perfected’. From Moneyweb. The long-awaited report by the South African […]
Standard Chartered settles forex rigging case after eight years in court
While arguments were heard this week in the Competition Appeal Court from banks accused of rigging the rand exchange rate as far back as 2007. […]
Overhaul of border control and immigration laws on its way
Home Affairs minister Aaron Motsoaledi says no one can account for all the undocumented migrants in SA. From Moneyweb. The Department of Home Affairs is […]
Durban port congestion headache
International shippers have started charging ‘congestion surcharges’ due to turnaround delays at SA ports. From Moneyweb. Some importers fear they will miss the Christmas rush […]
Zimbabwean truckers head to court to stop unlawful ‘purging’ by SA employers
Some were notified by WhatsApp that they do not have a valid work permit and are not legally allowed to drive a South African truck. […]
Transnet’s turnaround plan needs R122bn
That’s just for the next five years – and it also needs more rolling stock and security teams to tackle vandalism and theft. From Moneyweb. […]
There’s almost nothing left in the BHI bank account
Just R4.8m, according to the joint provisional trustees. It’s uncertain if there are any other accounts belonging to the trust. From Moneyweb. The saga of […]
It’s liquidators vs liquidators in MTI case
Liquidators for crypto scam Mirror Trading International are going after the liquidators of Johann Steynberg’s estate as they try to recover R4.7bn. From Moneyweb. Two […]
FSCA investigates BHI Trust and Craig Warriner
Warriner handed himself over to authorities nearly two weeks ago over a suspected investment fraud reckoned to have roped in nearly R3bn. From Moneyweb. The […]
Hopes of ‘phased asset recovery’ of Revix funds held up in South Korea
Revix placed a hold on withdrawals of 24% of customer crypto assets in June after problems appeared with its custody partner. From Moneyweb. Crypto investment […]