MTI liquidators agree to process net losers ahead of winners
Net losers are being ring-fenced from the winners to expedite claims. From Moneyweb. Liquidators for the failed Bitcoin scheme Mirror Trading International (MTI) this week […]
Lawyers blocked from trying to side-step courts in selling repossessed homes
Court rules demand that repossessed homes be sold with a reserve price in place – but lawyers have been getting around this. From Moneyweb. Lawyers […]
Bidvest sizzles with standout performances across the board
Post-Covid recovery and some sharp acquisitions made the difference. From Moneyweb. It’s a pattern that is replicated across many parts of the economy – the […]
SA crypto exchange VALR raises over R750m for expansion into Africa and beyond
This values the company that launched in 2019 at R3.7bn. From Moneyweb. SA-based crypto exchange VALR announced that it has raised $50 million (over R750 […]
Implats takes a hit to the bottom line as it acquires RBPlat
After a scintillating 2021 financial year, platinum group metal prices have softened from their peaks. From Moneyweb. Impala Platinum’s results for the six months to December 2021 […]
Bosasa’s ‘Godfather’ Gavin Watson used prayer meetings to test staff loyalty
While paying out millions a month in bribes to keep state tenders rolling in. From Moneyweb. The latest Judicial Commission of Inquiry into State Capture […]
Zim truckers want to sue ‘xenophobic’ movement leaders, but can’t find them
Legal action will also be taken against the SAPS for failing to protect foreigners from this type of violence. From Moneyweb. Legal representatives for the […]
Anglo American CEO Mark Cutifani exits on the crest of a wave
It was a record breaking sweep for the Anglo companies reporting results this week. From Moneyweb. Anglo American CEO Mark Cutifani hands over the reins […]
Gold, oil soar on Russia-Ukraine conflict
Supply disruptions are propelling prices of key commodities. From Moneyweb. Thursday (February 24) saw gold shoot up more than 4% to $1 971 since Wednesday as […]
Kumba celebrates record year with 69% bump in dividend
Making a sweet transition for incoming CEO Mpumi Zikalala. From Moneyweb. Incoming Kumba CEO Mpumi Zikalala was handed a golden chalice by outgoing CEO Themba […]