Small-scale miners produce around 20 tonnes of gold a year, but 90 percent is illegally exported, according to a parliamentary report.
The move comes months after the Seattle-based company scrapped plans to build a major outpost in New York, blaming opposition from local leaders.
The Ombudsman for Banking Service (OBS) has published a new report on fraud in South Africa showing that it received a total of 3,785 formal cases for the year to date, largely relating to internet banking, credit cards, ATM disputes, and personal loans.
At least a half-dozen lenders in Europe have found themselves at the center of fresh allegations of dirty money schemes in the past year.
Customers received emails saying their flights were cancelled – but many have been unable to rebook.
Nearly half of SA’s construction enterprises are women-owned, says Boitumelo Thipe.
An 18th century corn-grinding windmill has been fitted with four new sails as part of a GBP250 000 conservation project.
What exactly does the new law entail? What are the implications for employers? Can you be held accountable if you know someone who has lied about their credentials and you don’t report them? And what constitutes lying, anyway? Fin24 has you covered.
A number of ultra-rare cars will go up for auction in South Africa at the end of August.
If Egypt is the Middle East’s fastest-growing economy, why are so more and more Egyptians becoming poorer?
The Zimbabwean government has offered its employees a 76% pay increase – which is, nonetheless, short of what they are demanding, according to a statement issued by the state workers’ representative body on Friday.
Ambition and innovation go hand-in-hand in the car industry, however in some cases, manufacturers can go too far.
Banks are eager to find ways to bring that spending down—management, employees, and shareholders never want to spend on what are effectively internal cops.
Eskom’s Chief Restructuring Office has begun its work, and the power utility has started implementing key recommendations of the technical review team to ensure power stations remain operational.
Earlier this summer, the Federal Trade Commission began holding private talks with YouTube officials, part of a burgeoning investigation.
The Ministry of Finance has issued a warning against a new scam where con artists purporting to be deputy minister David Masondo falsely promise people funding for their businesses.
President Cyril Ramaphosa has called for a “broad and wholesome” discussion around prescribed assets, which could oblige retirement funds to invest in state-owned enterprises. Here’s what you need to know.
The local stock market has delivered disappointing returns over the past five years, barely beating inflation. It has been a painful period for equity investors, not only relative to the great returns we have seen in the past, but also relative to the returns local investors could have generated by investing offshore.
A 19-year-old North West teenager is on a mission to create a name for himself through farming.
Ster Kinekor has rolled out their movie subscription service, Subscription Club, to six new cinemas.
Luxshare Precision Industry Co. drew a series of analyst price upgrades after the assembler of Apple’s AirPods revealed a roughly 80% surge.