Namibia’s National Assembly has approved a bill to regulate cryptocurrencies and digital assets, aiming to establish a licensing framework and a Regulatory Authority.
Tender Admin
UK regulator tells auditors to justify ditching risky clients
The Financial Reporting Council (FRC) said its new audit firm governance code, which came into effect in January, states that auditors must take account of the public interest when they take on or decline work. For accountants a key aspect of this public interest responsibility is that listed companies are required by law to have their accounts externally audited. “We will be concerned in situations in which the firms that are the most competent and capable to undertake an audit either resign, do not re-tender, or decline an invitation to tender with no consideration of the public interest implications,” the FRC said in its annual health check of audit quality at seven firms.
‘Cheaper than gas’: Batteries can ease load shedding while SA faces grid constraints – report | Business
Energy storage technologies, namely batteries, are key in helping to reduce the intensity of load shedding amid grid capacity constraints, a new report shows.
Crypto Regulation In Africa: Here Are Seven Nations And Their Regulatory Stance In The Last Five Years
Regulatory statements about cryptocurrency adoption in Africa have transitioned at different rates between 2018 and 2023.
South Africa: Safe Space for Homeless People in Green Point One Step Closer
Planning tribunal gives the go-ahead
SIU busts pastor for defrauding AgriSeta
Mokoteli and Anthony Dywili fraudulently applied to AgriSeta for R1.9m funding in March 2015. The money was for training and mentoring in a food garden operation in Kimberley, Northern Cape. The duo claimed that the application was a joint venture between Business Against Crime and Dipalemo Training Strategic Services, an AgriSeta accredited service provider.
Pastor who fraudulently received R1.9m from AgriSeta paid it back
Bloemfontein pastor Lerato Raphael Mokoteli, who fraudulently applied for and received R1.9m from the Agriculture Sector Education and Training Authority, has paid back the money.
Opportunities and challenges in the South African retail industry
Opportunities and Challenges in the South African Retail Industry Introduction: The retail industry in South Africa has witnessed significant growth over the years, contributing significantly to...
Continue reading...R600k in kickbacks: Sishen plant manager pleads guilty
A 53-year-old former plant manager of the Sishen Iron Ore Company has pleaded guilty to 12 counts of corruption and 10 of money laundering, the Hawks said.
EXCLUSIVE: FA U-turns on Infront international rights award
A proposed four-season agreement between Infront and Englandâs Football Association to sell FA Cup broadcast rights in various international markets has not been signed off despite the agency beingâ¦