Under the Financial Advisory and Intermediary Services (FAIS) Act, the South African Reserve Bank (SARB) has publicly said that crypto assets are financial assets. This is a big step toward regulation. The choice was made after SARB’s first warning about the volatile nature of the crypto asset market.
The public may be outraged, but the Ministerial Handbook allows ministers and their deputies to spend taxpayersâ money with impunity, writes Leon Schreiber.
The department of sport, arts and culture has come under criticism after awarding an R18 million tender to another company to re-pilot a project that had already been piloted for almost R15 million.
While Minister of Electricity Kgosientsho Ramokgopa now has officially delegated powers, they are not quite what they seem. As always, the devil is in the detail.
There are serious concerns over the safety of health workers at public health facilities in the Eastern Cape, with some healthcare workers saying they are scared to go to work. Although the provincial health department says it shares this concern, it remains tight-lipped about its plans and the relevant security contracts. Luvuyo Mehlwana spoke to union representatives, healthcare workers and some security personnel about the situation.
/PRNewswire/ — On 10 January 2023, Crayfish BidCo Oy (the “Offeror”), a Finnish private limited liability company indirectly controlled by the entities…