Mail & Guardian
Mail & Guardian
lisa steynlatest news & developments
In December last year

Beware of bitcoin exchanges

There have been several major hacks so it’s best to check what security systems they have in place

Contrary to orthodox economics

Erdogan finds it’s best not to manage lira

Investors wary of Turkey’s monetary meddling jump ship to take advantage of rising US rates

Markus Jooste

Elusive Jooste is ‘hiding’ in plain sight

The billionaire was often in the public eye, but he has seemingly gone to ground since the Steinhoff scandal

Workers erect a bridge in Nairobi as part of a project that is funded by the governments of Kenya and China and the African Development Bank.

The African Development Bank’s plans to usher in investment

The African Investment Forum aims to mobilise funds to facilitate much-needed infrastructure projects

(John McCann/M&G)

Netflix has big appetite for growth

The entertainment giant is disrupting the industry but its rivals are not giving up without a fight

Going for bust: Piet van Rensburg

Transnet pensioners’ R100bn payout a step closer

The legal battle has dragged on for years and more than 22 000 pensioners have died

“Many of the other business in the Steinhoff group offer good prospects and I strongly believe every attempt possible should be made to restructure the group as expeditiously as possible

Wiese sues Steinhoff

The former chairperson has lodged a claim of R59-billion against the retailer

French chain Conforama

Steinhoff dances to zombie drums

The beleaguered retailer will struggle to get up off its knees under the weight of crushing bills

Dr Iqbal Survé. (Lerato Maduna/Foto24)

Sagarmatha and other fairy tales

Iqbal Survé says his unicorn was tripped up by the big bad wolf of procedure in its quest to become SA’s next tech giant

STAR had also, through its subsidiaries, provided loans to directors and key management personnel in terms of the Pepkor Management Investment Scheme via an entity called Business Ventures Investments.

Resilient’s accusers aren’t backing down

Investigations into the trading of Resilient shares by the JSE and the Financial Sector Conduct Authority are still underway

How many times can Independent news boss Iqbal Surve call “bullshit” on the M&G? Find out in this interview where he says we are CIA-funded.

Survé’s Sagarmatha will not list on the JSE

Up until now, it was understood that Sagarmatha had the green light to list on the JSE

‘In tech terms

Sagarmatha, Survé’s perilous peak

Analysts doubt the listing of media assets will succeed. But will the PIC provide the funds?

Snatched: Hijacking buildings usually involves criminals controlling rent collection. Jo’burg’s mayor Herman Mashaba has embarked on a campaign to resolve the problem.

Sharp practice in the shade

Loopholes and delay tactics allow bogus owners to get rent for buildings in legal limbo

Some say the decision to scrap the need for borrowers to provide documented proof of income will result in reckless lending but others believe it is a fair decision.

Credit ruling gets mixed reaction

Both those for it and against it want responsible lending but are at odds over how it should be done

In June 2015, Molefe wrote to Optimum stating that Eskom had terminated the settlement process. (Samantha Reinders)

Green power is still up in the air

Renewable energy producers were set to go ahead but resistance has gained momentum

(John McCann/M&G)

You can’t hide who you are

Your every detail is being tracked online and you have little control over what will be done with it

Banks are under pressure from governments and entrepreneurs to play a more active role in supporting investment and industrialisation by directly lending to sectors driving growth and jobs.

Standard bank denies business rescue for Gupta companies

Bank employee acting ‘out of mandate’ faces disciplinary procedures

In recent months, banks such as Standard and Absa have announced retrenchments, citing the weak economy. (Reuters)

Rescue practitioners secure banking facilities for Gupta businesses

Standard Bank has agreed to provide banking facilities to eight embattled Gupta-linked entities

Finance Minister Nhlanhla Nene. (Reuters)

Nene gets to grips with his not-so-new job

The appointment of Nene to finance minister has been welcomed as he has proved to be capable in the job previously

Expenditure will be cut in various areas. Fee-free higher education will go ahead.

The poor don’t get to study for free

Spending cuts and VAT increase mean everyone will contribute to free higher education