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Top News In பவ்க் உலகளாவிய ஒப்பந்தங்கள் தொழில்கள் தலைவர் Today - Breaking & Trending Today

NPA says 'no conflict of interest' in Steinhoff paying R30m towards investigation

NPA says no conflict of interest in Steinhoff paying R30m towards investigation
The NPA said the company had been insulated from the investigation. File photo.
Image: Supplied
The National Prosecuting Authority (NPA) said on Friday there was no conflict of interest in Steinhoff contributing millions of rand towards investigating fraud at the company.
Steinhoff told the Financial Mail that the Hawks and the NPA had approached it to ask if PwC (which had already completed a forensic investigation for the company) could “assist” because the state “hasn’t got the resources” to probe such a complex case.
Steinhoff told the publication that it had contributed R30m to finance the investigation. ....

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Mark of Ransomware's Success: $370 Million in 2020 Profits

Fresh affiliate programs helped ransomware-as-a-service operators achieve record profits in 2020. (Source: Group-IB)
Ransomware dominated the online-enabled crime landscape in 2020, some security experts say, thanks to the massive profits it s been generating and the relative ease of use for attackers - including support from a burgeoning cybercrime-as-a-service market.
Blockchain analysis firm Chainalysis this week reported that it s found just under $370 million in known 2020 ransomware profits - via ransoms that got paid - which represents a 336% increase over known 2019 earnings. The firm continues to update those estimates as it identifies previously unknown cryptocurrency wallets tied to gangs.
IBM Security X-Force, in its latest Threat Intelligence Index, says that of the incidents it investigated in 2020, 23% could be attributed to ransomware, up from 20% in 2019. The most-seen strains tied to attacks that it saw were Sodinokibi/REvil (in 22% of ransomware inci ....

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Best Picture Voting Explained: How the Oscars Count the Votes

Best Picture Voting Explained: How the Oscars Count the Votes
AMPAS voting has opened, and it s important for members to fill out their ballots fully.
Clayton Davis, provided by
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Oscar voting is kicking off, and 366 films are vying for the Academy’s attention for best picture, in addition to their selections in their respective branches. One important note to Academy members: Fill out your ballots in full.
Every Academy member votes for best picture, outside of their respective branch association. For best picture, the member is invited to list up to five films in preferential order. In the days of paper ballots, there were horror stories of voters writing the same film five times on their entries, but those days are gone with electronic voting. However, listing five films is crucially important based on the Academy tabulation methods, which involves a lot of math. As we remain in the final year of the “sliding scale,” where the resul ....

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1.6 million people are paying most of South Africa's income tax

Professional services firm PwC has warned that South Africa is relying too heavily on income and direct taxes – most of which are coming from a declining base… ....

South Africa , South African , Business Technology , வணிக தொழில்நுட்பம் ,

Tax windfall better by billions than initially projected in budget

Tax windfall better by billions than initially projected in budget
The expectation is based on revenue collections for the final quarter of 2020
BL PREMIUM
03 March 2021 - 14:18 Linda Ensor
The actual revenue shortfall for 2020/2021 could be up to R30bn smaller than that projected in the budget based on January revenue figures, PwC tax policy leader Kyle Mandy told MPs on Wednesday.
Such an outcome would assist the Treasury in marginally reducing its debt mountain, which is projected to translate to a debt-to-GDP ratio of 88.9% in 2025/2026.
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