Number of crypto millionaires nudges 90 000
About 5% of the world’s population are now reckoned to own cryptos. From Moneyweb. There are 425 million crypto users around the world, and of […]
Joburg’s inner city slum is out of control
Dozens of buildings have been identified as potential fire and safety hazards. From Moneyweb. Johannesburg’s inner city has been in the international news recently for […]
Beitbridge goes from worst to best border post in Africa
Where trucks used to queue for kilometres on either side of the border with Zimbabwe, now they are cleared in two to three hours. From […]
Luno and VALR Pay clients can now spend crypto at Pick n Pay stores
One can buy groceries, airtime, bus tickets, and pay municipal bills with bitcoin. From Moneyweb. Crypto exchanges VALR and Luno have partnered with CryptoConvert to […]
Bidvest cashes in at the expense of dysfunctional SOEs
Renewable product sales jumped 10-fold over the last year, while the Freight division made record profits. From Moneyweb. Bidvest’s results offer unique insights into the […]
Transnet dagger pointed at the heart of SA’s economy
The ports and rail operator will knock 5% off GDP in 2023, coming on top of a negative 6% in 2022. From Moneyweb. A study […]
Property owners take CoJ to court over illegal occupations
After city failed to provide alternative accommodation to tenants who stopped paying rent. From Moneyweb. A case before the Johannesburg High Court provides a fascinating […]
Praesidium lead trader Craig Massyn fails in attempt to reduce R20m penalty
Penalty imposed by FSCA for violation of multiple laws stands – Financial Services Tribunal. From Moneyweb. Former Praesidium lead trader Craig Massyn’s attempt to reduce […]
Greylisting hits SA crypto arbitrage market
US crypto exchange stopped accepting deposits from South Africans, pushing the crypto arbitrage premium to 3.5% on Monday. From Moneyweb. US crypto exchange Kraken stopped […]
The path to a smoke-free SA: Follow the Swedish model
The so-called ‘tobacco control bill’, however, is not it. From Moneyweb. More than one in four South African adults are smokers, up from 16.2% in […]