Broadcaster eNCA, which launched SA’s first 24-hour news channel in 2008, may slash its staff by more than half as part of a digital pivot.

Months of speculation about the future of newspapers such as the Cape Times and The Star have been answered in part by a company called National Media Group announcing that it will continue publishing the titles.

The Financial Sector Conduct Authority imposed strict sanctions for major breaches of financial laws, with penalties ballooning to more than the total fines over the previous decade.

Tonelli joined IRBA’s board in 2021 when former Finance Minister Tito Mboweni tasked it with restoring the “credibility of the institution and auditing profession”.

Minister in the Presidency Khumbudzo Ntshavheni says the extension will apply to light motor vehicle licence codes, while heavy commercial and public transport vehicles will still have shorter renewal periods.

Pepkor CEO Pieter Erasmus will hold a personal stake valued at R2.8 billion in the retailer’s newly created fintech firm.

Investors say they were told they could withdraw their profits at any time, but the under-fire crypto firm says wallet balances are “ledger entries”, not enforceable debts.

Less than a year after escaping the greylist, South Africa faces a new, tougher assessment of whether its criminal justice system can actually prosecute complex financial crimes.

Arena Holdings says an independent investigation by law firm Werksmans found no basis for a finding of misconduct or impropriety against him over lottery grant money.

Former FNB consumer education head Eunice Sibiya faces corruption and money laundering charges linked to a consumer education agreement.