Banxso bust-up: ‘Created to exploit South Africans’

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SUB: A round-up of today’s news as the Financial Intelligence Centre puts the breaks on Banxso. And how mapping gun crimes could help make SA a safer place.

17 Oct 2024 6AM English South Africa Business News · Politics

[TOP STORY] Black November puts e-commerce operations under pressure

‘I think the reality is small e-commerce merchants are more vulnerable… they probably need to plan a little bit more and make sure that they invest in their inventory,’ says Anita Erasmus, chief executive of Bob.

29 Oct 8AM 7 min

Gold above $4 100: What your Krugerrand is really worth

Dogs, donkeys and even bees: SA's sweeping new animal ID rules. Black Friday's hidden risk: When too many sales become a business nightmare. And behind the ballot, the digital infrastructure powering SA’s elections.

29 Oct 6AM 34 min

[TOP STORY] Using borehole water? Why you could still pay municipal charges

‘If you are putting water that you draw out the borehole back into the sewer system, which is the municipality sewer system, you are utilising their services,’ says Chantelle Gladwin-Wood, head of public law at HBGSchindlers Attorneys.

28 Oct 7AM 8 min

Petrol, politics and the polls: Unpacking Godongwana’s fuel relief

You paid for the borehole, now the municipality wants a cut. SA consumers have had enough of paying for services they don’t get. And household hunger reaches its highest level since 2010.

28 Oct 6AM 34 min

[TOP STORY] Joburg’s broken finances could doom its next mayor

‘You can't say I'm the popular mayor and therefore I know how to fix corruption, or therefore I can manage this budget. You can't,’ says Mark Barnes, former chief executive of the South African Post Office.

27 Oct 8AM 8 min