Bidvest and the joys of diversification
Six of its seven divisions report double-digit growth in the year to June. From Moneyweb. Bidvest’s results for the year to June 2022, with trading profit up […]
The battle for Royal Bafokeng Platinum hits the home stretch
Implats has been steadily building up its holding in RBPlat to above 39%, while Northam holds out for a favourable Competition Tribunal appeal. From Moneyweb. […]
Standard Bank ordered to freeze accounts of suspected Ponzi scheme
Lyoness/Lyconet/myWorld thought to have roped in 190 000 South Africans. From Moneyweb. The Pretoria High Court has ordered Standard Bank to freeze the bank accounts […]
With the arrest of Molefe and Singh, law enforcement has found its mojo
Police and prosecutors have been criticised for failing to bring any successful prosecutions related to state capture. This appears to be changing. From Moneyweb. The […]
Gold Leaf Tobacco says it will fight preservation order won by Sars
Allegations by the tax agency are ‘wholly untrue’ and based on ‘falsely crafted information’. From Moneyweb. The South Africa Revenue Service (Sars) last week won […]
Zero convictions, nine years after the Gupta Waterkloof landing
Because there was a systematic attempt to capture agencies tasked with chasing down state capture crooks: Open Secrets. From Moneyweb. It’s been nine years since […]
Over 22 000 cases valued at R1.5trn under Hawks investigation
With 4 447 convictions obtained over the last four years. From Moneyweb. Putting paid to any notion that the police are soft on crime, on […]
Zimbabweans at risk of deportation prepare to take on banks, big corporates
Hundreds of thousands fear losing their jobs and having their bank accounts closed when exemption permit scheme ends in December. From Moneyweb. Hundreds of thousands […]
Moneyweb reader embarrassed to have fallen for crypto scam
A warning tale to heed. From Moneyweb. It started with a reach-out on Facebook and the promise of making a fortune with bitcoin (BTC). Our […]
Sarb to banks: Get with the crypto programme!
An otherwise droll guidance note to banks tells them to start hiring people who understand cryptos. From Moneyweb. Most South African Reserve Bank (Sarb) guidance […]