The events that have unfolded in the DA have shown that Zille has more influence than Maimane. He serves at her pleasure, writes Ralph Mathekga.
Showers early. Mostly sunny. Mild.
The already-strained relationship between the state asset manager and the Cape Town businessman has worsened.
Dr Iqbal Survé is blaming Pravin Gordhan for the raid on his office.
In a statement on Friday, Sekunjalo said the application for the raid was "entirely without merit and the judge that granted the request was "misled by the FSCA".
FSCA is investigating transactions in AYO Technology – which is linked to Survé – for market manipulation.
Memebers of Parliament gave Steinhoff executives a grilling, especially when they found out that the Hawks still did not receive the final PwC report into the circumstances of the Steinhoff scandal, despite a commitment from Steinhoff that they would provide it.
Thomas Stringfellow turned himself in to Johannesburg police following investigations into his conduct when handling funds from Stringfellow Group's clients.
The Financial Sector Conduct Authority has imposed a penalty of R487 000 on Global Credit Rating over a breach of its conflict of interest rules.
Steinhoff announced on Tuesday morning that it had reached an agreement with an investment group suing it and that legal action would again be temporarily halted for six weeks.
Public Protector Busisiwe Mkhwebane has given the Financial Sector Conduct Authority 90 days to appoint curators competitively and transparently and to develop a sound policy to do so.
The SA Reserve Bank has invited the public to comment on the proposals of policy and regulation on cryptocurrencies like Bitcoin.
The Financial Sector Conduct Authority has warned the public to stay away from a firm called Worldwide Investments, which it says is using a WhatsApp group to take money from the public on the pretext that it will trade in forex on their behalf.
A Western Cape High Court judge has taken the unusual step of making a public statement to deny a claim made by businessman Iqbal Survé that he is a friend of the DA and Minister of Public Enterprises Pravin Gordhan.
Iqbal Survé has alleged a conflict of interest on the part of financial regulator the FSCA.
Given Steinhoff’s current financial position, it will waive the bulk of the fine to only levy a penalty of R53m.
Members of Parliament slammed Steinhoff leadership for 'buying time' and 'malicious compliance' regarding investigations into governance failures that caused the global retailer's share price to plunge.
Oupa Segalwa was responding to a statement by the Financial Sector Conduct Authority, which argued a public protector report was reviewable due to either perceived bias or 'gross incompetence and negligence'.
Steinhoff has raised the possibility of negotiated settlements as it faces a number of class-action style lawsuits and litigation claims over the precipitous plunge in its share price.
The market conduct regulator says Steinhoff has agreed to give it documents that will aid its investigation into alleged insider trading, market manipulation, and false and misleading information.
Market regulator the Financial Sector Conduct Authority, has announced it is investigating 13 cases of possible insider trading, 14 of market manipulation and seven of false or misleading reporting at JSE-listed companies.
The asset manager says its breach was 'an administrative oversight' and it has paid back seven years' worth of performance fees to certain investors, after the regulator found legal documents did not make provision for them.
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