News in South Africa 31st August: 1. Crypto industry crashing: Nearly 5 000 crypto employees have lost their jobs since April, reflecting the crushing $1.9 trillion (R32 trillion-plus) loss in the market value of cryptocurrencies since the peak in November 2021. Data from CryptoPresales.com shows June was the most brutal month, accounting for more than 60% of the […]
News in South Africa 8th March: 1. ETC corruption allegations: Police reports and documents provided to the National Prosecution Authority (NPA) have brought grave allegations against Electronic Toll Collection (ETC) and its parent company, Kapsch TrafficCom. Among the allegations are that ETC, with full knowledge of Kapsch, made payments totalling R10 million over three years […]
News in South Africa 23rd October: 1. Covid-19 cases rising: COVID-19 infections across the country are increasing, but in the Western Cape there seems to be some confusion over the rate of the increase. Health Minister, Zweli Mkhize said there’s been a 42-percent rise in the province while Premier Alan Winde says it’s less than 20-percent. The Western Cape […]
