Nedbank Head Office. Nedbank’s legal representative, Senior Counsel Anthony Gotz has argued the Competition Commission has failed to connect the bank to the Bloomberg chatroom activities linked to the manipulation of the rand. The bank’s legal representative says it is merely implicated based on a Reuters trading platform that is noted as sharing similarities with…
The South African construction industry has raised concerns about the potential liquidation of the iconic company, Murray & Roberts. Key industry players and labour unions say this will have a profound impact on the sector. A creditor has initiated legal proceedings in the Gauteng Division of the High Court, seeking a final or provisional winding-up…
Attendees at South African Women in Construction annual event held in Mbombela, 19 August 2025. The South African Women in Construction and Built Environment Organisation has called on the Mpumalanga government to recognise and uplift women in the construction industry. The organisation held its annual event in Mbombela, where the members discussed measures to increase…
The Competition Commission has approached the Constitutional Court for an appeal in the saga following allegations that banks have conspired to manipulate the rand against the US dollar.
40 000L of ethanol meant for export to Zimbabwe found illegally diverted at a plot near Klipspruit A tanker carrying 40,000 liters of ethanol, with an estimated value of R11 million and intended for export to Zimbabwe, was found to have been illegally diverted to a plot of land near Klipspruit, outside of Bronkhorstspruit. SARS…
South African bank notes. South African banks accused of rand manipulation are set to present their case to the Constitutional Court on Tuesday. They plan to outline the financial and reputational damage caused by the Competition Commission’s allegations of being part of a “banking cartel”. In January last year, the Competition Appeal Court reviewed the…
FILE | Private security guards. Congress of South African Trade Unions (Cosatu) has expressed its support for the Private Member’s Bill that aims to end the outsourcing of essential government services. The insourcing Bill, if passed, will require state entities to employ workers to provide regularly required services such as security, cleaning, maintenance and IT,…
Community members watch as Senzo Mchunu, South African police minister, inspects outside the mineshaft where it is estimated that hundreds of illegal miners are believed to be hiding underground, after police cut off food and water as part of police operations against illegal miners, in Stilfontein, South Africa, November 15, 2024 The Minerals Council of…
Construction site. Tensions are rising in Pretoria as a group of frustrated subcontractors involved in the Lynwood Road project saga is threatening drastic action after not being paid for months. They’re planning a sit-in at the City of Tshwane offices if their demands aren’t met. One of the subcontractors, Fridah Tshabalala, says their hard work…
The Competition Commission has approached the Constitutional Court for an appeal in the saga following allegations that banks have conspired to manipulate the rand against the US dollar. LIVE STREAM:
