NEWS & MEDIA
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Latest article
SARB issues consultation paper on Prime Rate demise
The South African Reserve Bank (“SARB”) published a consultation paper on 16 February 2026 with proposals to demise the prime lending rate (“Prime Rate”) and designating the Repurchase Rate (“Repo Rate”) (to be called the SARB policy rate or SPR) as its replacement.
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At this stage, crypto mining has not been considered in the legislation, and neither have non-fungible tokens (NFTs). Legislation has also failed to address the status of cryptocurrencies as legal tender– an issue that would fall under the jurisdiction of the South African Reserve Bank.
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The trial of alleged the South African July riots instigator, Ngise Mchunu, a former Ukhozi FM radio personality started in the Randburg Magistrates Court on Wednesday, 12 October 2022. He stands accused of inciting public violence and breaching the Disaster Management Act. The charges expose the dangers of social media coupled incitement. Social media can be weaponized with disastrous results for the public.
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Did you know that a Power of Attorney lapses if your parent or family member you have been assisting in his or her affairs becomes mentally incapacitated due to dementia, a stroke, mental illness or incapacitated relating to ageing in general?
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In a recent article by MoneyWeb, the lack of regulation over cryptocurrency (“crypto”) was brought to light. This is due to the recent crypto crashes which has caused substantial losses to those who have invested in the industry.
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When business is good you never think there is a reason why the business should not be able to pay its Creditors. So, it’s natural for Directors and Shareholders to sign surety on behalf of the business however you need to be aware of the personal risk you are taking.
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Rental scams are unfortunately on the rise in South Africa, forcing victims to face cataclysmic consequences. A rental scam is when a scammer will pose as a landlord and attempt to obtain money from a potential tenant for a rental property that they are not the lawful owner of. The scammer will often place an advertisement for a property with pictures included and a seemingly legitimate rental agreement. The property itself may be real or fictitious.
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