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Some houses in Soweto were sold for R100 and even R10. Why would banks do this?

Share This: Journalist Ciaran Ryan says there are accusations of a syndicate from the sheriffs offices in cahoots with people in the banks. According to an article on Moneyweb, it has been known for years that the banks have been flogging off repossessed properties for a fraction of their market worth, but the evidence was anecdotal and fragmented. Not anymore. An affidavit filed in support of the R60-billion class action suit brought by Lungelo Ditokelo Human Rights Foundation against the m...
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Source: 702.co.za

MTI CEO missing, lawyers pull out and members concerned

MONEYWEB LIVESTREAM Where have all the Bitcoin gone? Moneyweb journalist Ciaran Ryan explains the circumstances. 20:31  NOMPU SIZIBA: The story we’re set to look at now reads like an Mzansi or Hollywood movie, but sadly it’s a reality. In a nutshell, the CEO of one Bitcoin trading company, Mirror Trading International, or MTI, Johann Steynberg, has not been seen since December 3 this year. Interestingly, this gentlemen has gone Awol following the Financial Sector Conduct Authority w...
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Crypto regulations mean stiffer audit requirements for exchanges

MONEYWEB app instead? This will help attract investment into this rapidly growing sector. By Wiehann Olivier 10 Dec 2020  10:01  Auditors will have to get creative in this ever-changing industry. Image: Shutterstock In 2019 South Africa was ranked as the top country for ownership of cryptocurrency, with over 10% of South African internet users owning cryptocurrencies like bitcoin – the highest per capita in the world. These figures, reported in the Global Digital Report 2019, confirm...
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