Vehicle repossession: What banks can and cannot legally do
‘There are only two instances where a bank can legally retake possession of a vehicle from its customer,’ says Johan Brouwer of the National Financial Ombud Scheme.
Who gets the vaccines? Global pandemic deal under pressure
Can the bank legally repossess your car? The cash is coming, but red tape could keep SA’s minerals underground. Five million applications expose SA’s desperate fight for entry-level work.
Springs Fresh Produce Market scores R360m BluEnergy solar investment
The project places private-sector funding at the centre of Ekurhuleni’s electricity procurement strategy, with the metro adding 25.6MWp of generation capacity without upfront municipal capital spending.
Pick n Pay expects smaller losses as Boxer does the heavy lifting
Withdraws restructuring process following breakthrough deal with labour union.
France plans military presence to contain weekend protests
France is deploying extra police and soldiers to guard sensitive sites as protests threaten further unrest, with bond spreads near their highest level since 2011 and business activity contracting.
Shoprite and Investec said to discuss SA fintech tie-up
Shoprite is seeking to expand beyond basic payment services, with a potential Investec partnership bringing additional banking and fintech expertise without requiring the retailer to become a bank.
Trump, crypto firm sued for profiting off foreign government
The lawsuit alleges UAE-linked crypto deals breached constitutional rules on foreign payments to presidents.
Water scarcity and commercial landlords’ evolving strategies
Property analyst Keillen Ndlovu quotes Zodidi Meyiswa from Salga as reporting that at most municipalities ‘almost half of the purified water gets lost … through leakages, water-pipe bursts, theft, and non-payment’.
Back to the drawing board for cross-border crypto rules
Sanity prevails in governments rethink ...
Spear Reit targets distribution growth of up to 11%
The Western Cape-focused fund completed R1.4bn in property acquisitions at a blended yield of 8.99% during the half-year.