Banks are still collecting on debts that have expired
The Prescription Act extinguishes debt if not paid or acknowledged within a prescribed time. Yet some banks are still trying to collect on them, says […]
Yet another challenge to SA’s plan to ‘drive out 178 000 Zimbabweans’
Third group takes legal action against the decision by Home Affairs to suspend the Zimbabwe Exemption Permit system. From Moneyweb. The Zimbabwe Immigration Federation, representing […]
Drop in Amplats profit suggests we may have hit peak platinum
The group is hostage to commodity prices and inflationary pressures outside of its control. From Moneyweb. The fact that Anglo Platinum’s share price has dropped […]
Sars claims R931m in tax and penalties from Mirror Trading International
Says liquidators did not file returns and failed to carry out their duties as deemed public officers. From Moneyweb. The South African Revenue Service (Sars) […]
Evidence of repossessed homes being sold for a pittance can be used in R60bn class action suit – court
Credit regulator wanted damning evidence against banks to be withheld. From Moneyweb. An attempt by the National Credit Regulator (NCR) to suppress disclosure of a […]
SA had 3.6m indigent households in 2020, most relying on some form of support
Statistics SA’s non-financial census on all 257 municipalities around the country shows a decrease in some free basic services, but increased demand for free basic […]
Crypto entrepreneur ‘Fluffypony’ warned to appear in Cape regional court on decade-old charge
Riccardo Spagni, once the public face of privacy crypto coin Monero, was arrested in the US last year following an extradition request from SA. From […]
The collapse of TerraUSD takes two SA scalps
Invictus Alpha and parent company New World Holdings have been placed in liquidation. From Moneyweb. Headquartered in the British Virgin Islands but managed out of […]
FSCA tells Veracity Markets to stop trading
Pending finalisation of probe. From Moneyweb. Veracity Markets, with close to 400 000 clients, has been ordered to stop trading by the Financial Sector Conduct […]
Motsoaledi threatens defamation suit against Zimbabwean lawyer over tweets
Simba Chitando refuses to back down, says Zim nationals have been defrauded by government officials of over R1bn. From Moneyweb. Home Affairs Minister Aaron Motsoaledi […]