Author: Staff Writer

A major insurance corporation has sought legal action to seize a fleet of vehicles linked to the business empire of Edwin Sodi, a figure known for controversy. The move comes after millions of rands, originally allocated by the Development Bank of Southern Africa (DBSA), vanished, according to a Sunday World report. Hollard Insurance, which provided guarantees for Sodi’s enterprise to receive funds from DBSA for the advancement of a correctional facility project in Parys, Free State, has petitioned the Joburg High Court for authorization to auction off nearly 100 vehicles registered under Sodi’s NJR Projects (NJR). The application follows NJR’s…

DStv Rewards is offering members the chance to skip the queue and purchase highly-prized Springbok Test tickets this international rugby season.   Starting this week, ‘Early Bird’ tickets for all Springboks’ home test matches will be available first to DStv Rewards members, beginning with the hotly anticipated South Africa vs Ireland Test on 6 July at Loftus Versfeld in Pretoria.     The ‘Early Bird’ tickets will be available for purchase via the DStv Rewards tab on the MyDStv app from 20 February until 27 February 2024 while stocks last, whereafter tickets will go on sale to the general public. Tickets…

While reams of conversation about the promise that Artificial Intelligence (AI) holds for the mining sector, a robust industry first demands the development of human capital, said United Manganese of Kalahari (UMK) chief executive Malcolm Curor. Presently, Curror said, there is a skills deficit in the sector. “Mining, particularly with a view to growing demand for metals like manganese and other resource drivers of the green economy, must gear up for exponential growth over the next three decades,” he said, “And at the moment there is a marked skills shortage amongst artisans, technicians and engineers who are in demand globally.”…

Roedean School (SA) proudly confirms its ongoing collaboration with Barnato Park High School to empower children from under-resourced communities with essential swimming skills. Through the Learn-To-Swim (LTS) Programme, these children will continue to receive instruction in water safety principles, fostering both competitive swimming abilities and talent identification. Marcel Lamont, Roedean’s Head of Sport, emphasises the critical importance of addressing water-related risks hence giving the LTS Programme the priority that it deserves: “We recognise the prevalence of water-related dangers in South Africa and believe in implementing tangible solutions.” According to the World Health Organization (WHO), drowning ranks among the top ten…

Cryptocurrency market cap leader Bitcoin is approaching the R1.04 million all time high recorded during the 2021 bull market and is currently trading on Luno at R998,974. The milestone followed a week-long rally which saw Bitcoin up by around 20% over the week. In US dollar terms, however, Bitcoin is currently trading around $52,000 – still a way off from the dollar all-time high of $65,000. Christo de Wit, Luno’s country manager for South Africa, comments, “The difference is indicative of the rand’s devaluation against the US dollar over the last five years, and adds legitimacy to the argument by…

Boxwood Property Fund is proud to announce the appointment of Sarah Divaris as its new Chief Operating Officer (COO). At the age of 29, Sarah stands as one of the youngest COOs in the sector however she brings an extraordinary depth of experience, expertise and an innovative approach. Holding a Business Science Degree in Finance and Economics along with a prestigious CFA Charterholder designation, Sarah’s combination of financial acumen, strategic mindset and creative flair have been instrumental in shaping  Boxwood’s trajectory. Sarah’s journey with Boxwood began eight years ago. At the time, Boxwood was in its early stages, lacking assets…

The strategic partnership between TymeBank, Africa’s first digital bank to reach profitability, and leading retail giant, TFG (The Foschini Group), has made significant progress since its official launch in January 2023, acquiring 1 million bank account customers in just over a year. TymeBank’s record customer growth (8.7 million total customers since the launch in 2019) has benefitted significantly from TFG’s large-scale retail ecosystem. Through the TymeBank TFG Money bank account, which can be opened at a kiosk in more than 500 TFG stores nationwide, customers have direct and convenient access to highly affordable transactional banking and the most competitive savings…

When someone is ready to open their heart to love again, the search for a meaningful connection can lead them down unexpected paths. Living in a quiet town with limited romantic opportunities, the idea of finding love online seemed like a promising option for Talitha (not her real name). However, the safety concern loomed large. “I heard horror stories of people being attacked at their first meeting or being seen simply as a sugar mommy,” she shares. In pursuit of a genuine connection that aligned with her values, Talitha joined a Christian dating app. “It gave warnings not to give…

Technology has disrupted many aspects of traditional life. When you are sitting at dinner and seeing a couple going out on a “first date”, consider that this may be their first in-person date and that they have been interacting (dating) online for months. According to global data and business intelligence platform, Statista, the number of online dating users in South Africa is expected to reach 6.7 million users by 2028. The report adds that the current user penetration rate of dating websites is believed to be 8.0% and may increase to 10.4% by 2028. This is good news for nervous…

Online dating in South Africa is experiencing a surge in popularity, with a growing number of individuals seeking connections and companionship on digital platforms. As more people venture into the virtual realm, a surge of insidious scammers has also emerged, preying on the desire for connection and turning the quest for love into a dangerous game of financial deception. Valentine’s Day, one of the most popular days for love, brings with it not only the promise of love but also the threat of romance scams. Fraudsters use romance scams to exploit individuals emotionally and financially, often resulting in heartbreaking consequences.…