A LONG STANDING MINING IMPASSE BETWEEN MOTSEPE OWNED COMPANY AND PP GERMSTONES STILLA HOT POTATO

PP Gemstones, aleading mining company specialising in preciousgemstones, held a media briefing at the AfricanPride Melrose Arch Hotel in Johannesburg. The briefing,coordinated by PP Gemstones spokesperson SakiMangole, was led by CEO Pitso Matebesi, who addressedthe company’s ongoing legal dispute with Assmang, amining giant jointly owned by African Rainbow Minerals(ARM) and Assore.Matebesi detailed allegations of illegal…

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DEREGULATED GAMBLING SITES, CRYPTO CURRENCY AND DIGITAL MULING: THE NEW MONEY LAUNDERING LANDSCAPE

Bradley Elliott Television series like Breaking Bad and Ozark reflect the public’s fascination with money laundering and the criminals who do it. Yet, in reality, laundering is even more sophisticated, dangerous, and far-reaching than the fictional exploits of Walter White or Marty Byrde. The scale of money laundering is immense—between ZAR 14.3 and 35.69 trillion (2 and 5%) of global GDP is estimated to be dirty money, according to the United…

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CCI SOUTH AFRICA AND CAREER BOX AFRICA RECOGNISED FOR EXCELLENCE AT THE BPESA GBS ALCHEMY AWARDS 2024

Business Process Outsourcing industry leader CCI South Africa, and its partner organisation, impact sourcing service provider CareerBox Africa, were recognised for their contribution to the BPO industry at the BPESA GBS Alchemy Awards late last week. CCI South Africa scooped top honours in the Top Offshore Campaign Award, the Top National Inclusive Hiring Award and…

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FNB DEMYSTIFY TRUMPCARDS AND PITFALLS OF CASH AND DIGITAL PAYMENTS 

View video (Jozi Captions) Youtube-Channel: https://youtu.be/LlYScz-plHM In a drive to educate its customers about its quest to digitise cash payments, One of Mzansi’s big, reliable leading bank, FNB is urging its customers and businesses to always consider utilising digital platforms when making or accepting payments. This was revealed during the bank’s payment media update at…

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SOUTH AFRICA NEEDS IMPORTANTLY MORE ENERGY SUPPLY TO SUPPORT FUTURE GROWTH AMBITIONS

 South Africa will only hit 2024’s current energy demand requirement by 2040, according to a report from Standard Bank and Cresco Group. The market assessment of South Africa indicates solar photovoltaic and wind-installed capacity (utility and rooftop) will increase from 10GW in 2024, to 37GW by 2030 and 77GW by 2040. Meanwhile, power decarbonisation is forecast to…

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STANDARD BANK HELPS REUNITE CLIENTS WITH UNCLAIMED PENSIONS, DIVIDENDS, AND INSURANCE BENEFITS

Standard Bank has made it easier for clients to access previously unclaimed dividends, pension, and insurance benefits. In collaboration with the unclaimed benefits tracing company, Robin Hood, Standard Bank has made the process of claiming these benefits seamless through its Banking App.  “Some clients are owed a few thousand rands, while others have large amounts…

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FNB ISLAMIC BALANCED FUND OFFERS THE IDEAL SOLUTION TO DELIVER GROWTH AS RETURNS ON TERM DEPOSITS ARE EXPECTED TO DECLINE

As profit rates on term deposits are set to decline in the coming months, many investors in South Africa find themselves facing a conundrum. While Islamic Banking deposits, have offered favourable returns as market rates remained high, the anticipated decrease in rates may lead to lower growth in these accounts. With limited Shari’ah compliant investment…

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SMMES GET DEDICATED RENTAL FACILITIES TO THEIR DRIVE GROWTH AT JOBURG MARKET

Nonhlanhla Mbonambi The Joburg Market’s Property and Facility Department is strengthening support for SMMEs by offering them rental spaces at its premises. This initiative allows entrepreneurs to expand their reach, sell products directly to consumers, and grow their businesses. In turn, the Joburg Market benefits by serving as a central hub for fresh produce, supporting…

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