It has been more than a decade since the alleged asbestos tender fraud was committed, but Ace Magashule and his co-accused have finally begun to answer for their alleged crimes, notes Legalbrief. Former ANC secretary-general Magashule allegedly received R10m shortly ... Read More

Legal practitioners and estate agent businesses are still considered higher-risk sectors by the Financial Intelligence Centre (FIC) in terms of combating money laundering and terrorist financing, which means SA has only partially addressed grey listing concerns, Moneyweb reports. The FIC ... Read More

The Loan Company, a firm offering short-term loans at high interest rates, has lost its appeal against the National Credit Regulator, has been slapped with a hefty fine, and ordered to refund at least 15 clients. The SCA upheld the ... Read More

Integrity Forensic Solutions (IFS) has called on the NPA and the Hawks to investigate senior officials in the eThekwini Municipality, alleging sabotage of the R320m Durban Solid Waste (DSW) tender fraud case involving former Mayor Zandile Gumede and 21 others ... Read More

For 16 years government has failed to follow the binding findings of the Constitutional Court in the Glenister litigation over the demise of the Scorpions in 2009 when it ruled that ‘our law demands a body outside executive control to ... Read More

PwC has stopped operations in more than a dozen countries that its global bosses have deemed too small, risky or unprofitable, as it seeks to avoid a repeat of scandals that have plagued the auditor, the Financial Times reports. PwC ... Read More

Malian authorities shut the Canadian miner Barrick Gold’s office in the capital Bamako over the alleged non-payment of taxes, according to two sources, Business Day reports. It’s the latest escalation of a protracted dispute over mining revenues. While Barrick Gold ... Read More

Lesotho on Monday granted a licence to tech billionaire Elon Musk's Starlink satellite internet service, hours after denying it was fast-tracking the process as part of US tariff concessions, reports Fin24. Starlink operates in at least 20 countries in ... Read More

Mark Zuckerberg, CEO of Meta, on Tuesday defended the social media company’s 2012 acquisition of Instagram, describing the transaction as business as usual for a tech company, according to The New York Times. In his second day on the stand ... Read More

The company behind GLAD garbage bags has been fined $8.25m for falsely claiming the products were made from recycled ocean plastics. A report in The Guardian notes that the Australian Competition and Consumer Commission took Clorox Australia to the ... Read More

Google is being sued in the UK for up to £5bn in damages over allegations it shut out rivals in the internet search market and abused this dominance to overcharge businesses for advertisements, The Guardian reports. A class action filed ... Read More

SCA: Mason N O v Mason and Another Judgment: 14 April 2025 Keywords: Close Corporation Act 69 of 1984 – misappropriation of funds by member of close corporation (CC) – whether debt owed to CC prescribed – s 12(3) of Prescription ... Read More

Financial Services Tribunal: Coert Knoetze v Financial Sector Conduct Authority Judgment: 10 April 2025 Keywords: Reconsideration application – exemption from fit and proper requirements – applicability of s 44 of the FAIS Act – presumption of innocence post-conviction but pending appeal Summary: The ... Read More