SLR: Corrupt cronies come crawling out of Greensill wreckage

SLR: Corrupt cronies come crawling out of Greensill wreckage

Simon Lincoln Reader chronicles the corruption that has been exposed in the UK as cronies are being pulled from the Greensill wreckage.Simon Lincoln Reader has a roundup of the Corruption Chronicles this week. Although the central character in each chapter is different, they share many traits. The p

  Melani Nathan
Nailing rich tax dodgers: Every HNWI assigned ‘personal’ Sars tax hunter 

Nailing rich tax dodgers: Every HNWI assigned ‘personal’ Sars tax hunter 

The South African government resisted implementing a wealth tax, but its new unit aimed at nailing rich tax dodgers may encourage some to emigrate. That’s according to intermediaries, with some warning that the High Net Worth (HNW) unit at the South African Revenue Service (Sars) may not bring in as

  Jackie Cameron
Amazon Africa to be headquartered in new R4bn Cape Town development

Amazon Africa to be headquartered in new R4bn Cape Town development

According to The City of Cape Town, the new Amazon Africa development will create up to 19,000 indirect and induced jobs.Multinational tech and retail company Amazon will be using a new Cape Town development as the base of its Africa operations. The new development at the River Club – based in the c

  Jarryd Neves
Steinhoff debt pile can lead to an Ascendis end – Syd Vianello

Steinhoff debt pile can lead to an Ascendis end – Syd Vianello

Vianello outlines that although Steinhoff's underlying business have value, there is a shortfall when subtracting the company's net debt.On the BizNews Power Hour, veteran retail analyst Syd Vianello unpacked the prospective listing of Steinhoff’s European discount retail business, Pepco, which is s

  Justin Rowe-Roberts
Black market for cigarettes still thriving – led by Zim’s Gold Leaf

Black market for cigarettes still thriving – led by Zim’s Gold Leaf

Another load of illicit cigarettes worth millions has been seized. Tax Justice SA says this is proof that the black market is still booming.During South Africa’s strictest national lockdown, a ban on alcohol and tobacco fanned the fires of a large and lucrative black market for cigarettes. The South

  Melani Nathan
SLR: Duke of Edinburgh afforded “old world” respect in the press

SLR: Duke of Edinburgh afforded “old world” respect in the press

Prince Philip, Duke of Edinburgh, an outsider in the establishment, was relatable to many on the unlucky side of the class divide, says Simon Lincoln Reader.Prince Philip, Duke of Edinburgh passed away last week. The Palace reported that the Duke passed in peace, surrounded by family. Instead of the

  Melani Nathan
Covid-19 vaccine rollout: Next phase will see private sector involvement

Covid-19 vaccine rollout: Next phase will see private sector involvement

B4SA has an optimistic update on the Covid-19 vaccine rollout, which will see a collaboration between government and the private sector.The Covid-19 vaccine rollout has been painfully slow thus far, with the government missing its own inoculation goals within the first month. Commentators have point

  Melani Nathan
Angry SAs speak out over illegal Zuma spying saga – ‘scary stuff’

Angry SAs speak out over illegal Zuma spying saga – ‘scary stuff’

David Mahlobo is facing allegations over illegal spying on critics of Jacob Zuma. As such, community members are voicing their frustrations on social media.Former intelligence minister David Mahlobo is facing a police investigation over illegal spying activities on critics of former president Jacob

  Claire Badenhorst
Cannon Asset Managers founder Adrian Saville joining Genera Capital

Cannon Asset Managers founder Adrian Saville joining Genera Capital

Adrian Saville told BizNews about his departure from Cannon Asset Managers. The experienced asset manager will be joining Genera Capital.The founder of Cannon Asset Managers, Adrian Saville, has announced that he will be leaving the company after 22 years. Saville has resigned from his role as CEO t

  Jarryd Neves
Mobile networks ranked in MyBroadband Insights quality report

Mobile networks ranked in MyBroadband Insights quality report

Over the last year or so many aspects of everyday life shifted online. Work, school, healthcare, shopping and family gatherings moved into cyberspace when the world locked down to stem the spread of the Covid-19 pandemic. The reliability, coverage and speed of our mobile networks became a subject of

  Melani Nathan
Charles Savage – CEO of Purple Group and EasyEquities on results

Charles Savage – CEO of Purple Group and EasyEquities on results

The CEO of Purple Group – which owns EasyEquities – joined the BizNews Power Hour to discuss their results and how they intend to continue growing. “We won’t get tired until we get 50 million South Africans investing,” said Charles Savage.Charles Savage on democratising access to investing:The key w

  Jarryd Neves
Gidon Novick on Comair demise and Lift’s take off

Gidon Novick on Comair demise and Lift’s take off

Gidon Novick is the founder of Lift, South Africa’s new low-cost airline. He spoke to the BizNews Power Hour on the demise of Comair and Lift’s take off. Novick told host Alec Hogg that the secret to an airlines’ success is the culture, making sure that employees are happy at work and giving custome

  Jarryd Neves
Pioneering cryptocurrency exchange moves to liquidate

Pioneering cryptocurrency exchange moves to liquidate

Pioneering local cryptocurrency exchange ICE3x has announced that it is shutting down. The firm says it has a shortage of Bitcoin and Litecoin.South African Cryptocurrency traders have been in the spotlight recently after the collapse of Mirror Trading International. Regulators had a wake-up call an

  Melani Nathan
Angry SAs speak: YouTube’s removal of Nick Hudson video is censorship

Angry SAs speak: YouTube’s removal of Nick Hudson video is censorship

After YouTube removed a video of Nick Hudson and his view of lockdowns, BizNews was inundated with messages from community members.If you enjoyed your Easter weekend so much that you missed the latest scoop, grab a coffee and make yourself comfortable, friend. You’re going to want to hear this. Actu

  Claire Badenhorst
SARB seizes R19.7m from Gupta company, Sahara Computers

SARB seizes R19.7m from Gupta company, Sahara Computers

MyBroadband reports 'that the Reserve Bank Deputy Governor has 'declared and ordered the forfeit to the state of R19,669,000' from the company account.Kuben Naidoo, Deputy Governor of the South African Reserve Bank, has ordered the forfeit to the state of nearly R20m – ‘and any interest thereon’ – f

  Jarryd Neves
SLR: Helen Zille tackles “wokeness” and risks being “cancelled” again

SLR: Helen Zille tackles “wokeness” and risks being “cancelled” again

Simon Lincoln Reader dissects 'wokeness' and 'cancel culture' in the South African context, on the back of Helen Zille's new book '#Stay Woke Go Broke'.Simon Lincoln Reader discusses ‘wokeness‘ and ‘cancel culture‘ in the South African context. He describes how a growing number of people are choosin

  Melani Nathan