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SOUTH AFRICA – In a legal showdown more riveting than a telenovela cliffhanger, former Delta Property Fund bigwigs Johannes Magwaza and Sandile Nomvete find themselves in the hot seat as a private equity firm, Vantage Capital Fund Management, aims to declare them “delinquent directors.” The drama unfolds in a Johannesburg courtroom, where the script reveals […]
In a shocking revelation, Fikile Mbalula, the ANC’s very own cheerleader-in-chief, expressed bewilderment at businesses not openly throwing cash at the ruling party. Mbalula, often seen doing political cartwheels, questioned why business folks weren’t proudly sporting ANC stickers on their storefronts. The irony didn’t escape the public as Mbalula’s critique unfolded while the ANC turned […]
ZEF AFRICA – In a dazzling display of financial flair, South Africa’s Reserve Bank has confirmed its plans to tap into contingency reserves, turning what could have been a dreary economic discussion into a spectacular fiscal fiesta. Governor Lesetja Kganyago, the master of ceremonies, assured reporters that they are not only in talks with the […]