The Financial Sector Conduct Authority (FSCA) has made a decisive final move against Afrimarkets Capital (Pty) Ltd, permanently withdrawing its financial services provider (FSP) licence. This action concludes a regulatory process initiated in July 2025, stemming from an investigation that uncovered severe misconduct, including the misappropriation of client funds. The FSCA provisionally...
In a decisive crackdown on a complex financial fraud, the Financial Sector Conduct Authority (FSCA) has slammed the Medbond Group with a massive R197 million administrative penalty and issued a 30-year industry debarment against its key figure. The landmark action, totaling over R212 million in fines, targets a scheme where clients were advised to invest […]
In a landmark enforcement action that sends a shockwave through South Africa’s financial sector, the Financial Sector Conduct Authority (FSCA) has levied a staggering R2 billion penalty against Banxso (Pty) Ltd and its directors. This unprecedented move, part of a total penalty package exceeding R2.16 billion, comes alongside the multi-decade debarment of key individuals for what the […]
President Trump’s decision to allow Nvidia to sell its chips to China has raised questions about whether he is prioritizing short-term economic gain over long-term American security interests.
Human beings in 7th place out of 35 species on monogamy scale, according to a study by Cambridge University
Humans are playing in the premier league of monogamous mammals, according to a new ranking of animals by their reproductive habits, but we may need a new manager to beat the beavers.
In the study from University of Cambridge, humans ranked 7th out of 35 species on the monogamy scale,...
Conservationist who devoted his life to the study and preservation of the African elephant
The British scientist Iain Douglas-Hamilton, who has died aged 83, became the world’s leading authority on the behaviour of African elephants and played a vital part in ensuring their conservation.
His efforts to save the African elephant began in 1965 when, as an Oxford zoology graduate who had also just...
Gugu Lourie hosts Raman Abrol, Division President at Amdocs, for the TFS Bag of Words podcast on TechFinancials News. The conversation first explores their partnership with Telkom SA, detailing how Raman’s role fosters this collaboration and what makes it distinctive in the African context. They then reflect on the core themes of SATNAC 2025, discussing […]
Three crew members left the International Space Station and landed back on Earth after 245 days in space.
The cosmonaut and station commander, Sergey Ryzhikov, handed over a symbolic key to the Nasa astronaut Mike Fincke during a change of command ceremony onboard the station.
The spacecraft landed at 8.04am Moscow time near the Kazakh city of Zhezkazgan.
The Investigating Directorate Against Corruption (IDAC) in collaboration with the South African Revenue Service (SARS), and other law enforcement agencies have secured six years direct prison sentence with two years suspended for Tshepo Khoza in a tax fraud matter involving approximately R3.6 million, linked to systemic corruption within state procurement processes. Tshepo Khoza, director of […]
ERAFIED Introduces Blockchain-Based Verification Platform to Protect Consumers and Businesses from Digital Misinformation Johannesburg, South Africa – As the world becomes increasingly dependent on digital platforms for information, entertainment, and daily decision-making, one question is rising to the surface: Is the information we consume truly VERAfied? VERAFIED is a pioneering Digital...
Salesforce has hosted its 2025 Trailblazer Awards in Johannesburg, recognising the South African organisations using Salesforce’s platform and partner ecosystem to cut costs, accelerate sales cycles and improve operational performance. Across this year’s finalists, companies report an average 35% saving in service costs, a 22% increase in sales-cycle velocity, and combined outcomes that...
Sanlam’s new prepaid funeral cover works like buying airtime, offering flexible terms to tackle income uncertainty. The product aims to include millions previously locked out of traditional insurance. In a major shift for the industry, Sanlam has launched South Africa’s first prepaid funeral cover, directly confronting the problem of lapsed policies due to irregular incomes. […]
NTT DATA, a global leader in AI, digital business and technology services, today announced the appointment of Dr. Bratin Saha as CEO of the newly established AI Company, NTT DATA AIVista, Inc., effective Dec 1, 2025.
The Western Cape is gearing up for another record-setting festive season as domestic and international visitors flock to the province to enjoy its beautiful beaches, wine farms, and nature reserves. Vodacom Western Cape region has implemented significant network upgrades to meet rising traffic demands, ensuring that visitors and residents remain connected during the busy festive […]