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SATURDAY, 01 AUGUST 2026, 15:52

Science/Tech

South Africans Lose Hundreds Of Millions Of Rands To Morita Forestry Investment Scam

Yesterday at 11:44 AM, via Tech Financials

Morita Forestry — with an office in Sandton and an address in Colorado, but run from China — has scammed South Africans out of hundreds of millions of rands. Morita is a pyramid scheme that claimed to pay people out daily if they invested in woodland projects in the US. Social media influencers and the […]

How FNB Enabled People To Join The SGK Pyramid Scheme

Yesterday at 11:36 AM, via Tech Financials

SGK, an extensive pyramid scheme that conned people into investing money and recruiting new members for guaranteed returns, collapsed over the last few weeks. Some members who rose through the ranks had opened physical stores in Lesotho to recruit more people. In at least one store, on at least one day, First National Bank employees […]

Nedbank Taps Former MTN Executive Nikos Angelopoulos As New Group CIO

Yesterday at 11:11 AM, via Tech Financials

Nedbank Group has announced a major leadership change in its technology division, appointing Nikos Angelopoulos as its new Group Chief Information Officer (CIO). The appointment, effective 1 September 2026, signals a significant shift for South Africa’s “green bank” as it looks to double down on digital innovation. Angelopoulos joins the financial services giant from MTN […]

We All Do Errands. Noah Blau Films Them.

Yesterday at 11:04 AM, via New York Times

Fighting a traffic ticket. Hanging a curtain. Installing an air-conditioner. With his cult-hit online series, Noah Blau has made the mundane fascinating.

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