HSBC and Bidvest Bank fined millions for non-compliance

Source: Reuters. The South African Reserve Bank imposed sanctions on Bidvest Bank for failing to comply with the Financial Intelligence Centre Act following a 2022 inspection. The bank did not implement its risk-management and compliance programme (RMCP) for the assessed trade-based transactions. The Prudential Authority fined Bidvest Bank R5m for non-compliance, with R2.5m suspended for…

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2024 Vodacom Journalist of the Year Awards: Free State, Northern Cape, North West and Limpopo regional winners

The 2024 Vodacom Journalist of the Year Awards the regional winners for Free State, Northern Cape, North West and Limpopo have been announced (Image supplied) Named across the competition’s 12 categories, more than more than 1,200 entries were received from journalists around the country as they shared examples of their best work from the past…

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Celebrating 50 years of Tal-Tec: The evolution of livestock handling

Greg Talbot, CEO of Tal-Tec. Source: Supplied. Innovation Five decades ago, farming relied heavily on manual labour. Technological and scientific advances combined with equipment innovations, however, have had a big impact on how farms are worked and managed, positively impacting productivity. Tal-Tec, a proudly South African manufacturer of livestock handling equipment, celebrates its 50th anniversary…

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Bantry Bay: The celebrity hotspot offering unrivaled luxury

Source: Supplied. “Location is always key, but here it carries significant benefits as the suburb comprises a mostly north-facing aspect which is most sought-after and exceptional as the Atlantic coastline tends to be west-facing. “No wonder this tranquil, upmarket area is always in high demand among affluent home buyers, creating an ongoing shortage of available…

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Discover Durbanville: Hop on the new wine safari experience

Source: Supplied. This new venture, known as The Durbanville Wine Safari, promises to transform how locals and tourists alike experience one of South Africa’s premier wine regions, known for its outstanding cool-climate wines and close proximity to the bustling city of Cape Town. Guests can choose their own adventure, hopping off at any participating wine…

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#Windaba2024: Ramokgopa hints at local manufacturing policy for renewable tech

Minister Ramokgopa fields question in the Windaba media conference alongside Sawea CEO Niveshen Govender “We are committed to ensuring that local communities have meaningful participation,” said Ramokgopa. “One of the biggest critiques around the previous bidding windows has been on the issue of local content.” “We are working closely with other departments, including the Ministry…

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