Liberian Presidential Election: Joseph Boakai Emerges Victorious in a Tightly Contested Race
In a historic turn of events on Monday, Joseph Boakai, a seasoned political veteran, was officially declared the winner of Liberia’s presidential election, unseating the incumbent, George Weah. The National Electoral Commission (NEC) announced Boakai’s triumph after completing the meticulous ballot count, revealing a slender victory with 50.64 percent of the vote against Weah’s 49.36 […]
EFF MPs Face Disciplinary Action for SONA Disruption
In a recent turn of events in South African politics, Julius Malema and five other members of the Economic Freedom Fighters (EFF) have found themselves embroiled in a disciplinary hearing following their disruptive actions during President Cyril Ramaphosa’s State of the Nation Address (SONA) in February. The powers and privileges committee overseeing the disciplinary process […]
South Africa’s Inflation Dilemma and the Repo Rate Decision
In the complex landscape of South Africa’s economic scenario, the recent surge in inflation to 5.9% has stirred a discourse among economists regarding the impending decision on the repo rate. With the Consumer Price Inflation (CPI) nearing the upper threshold of the South African Reserve Bank’s (SARB) target band of 3% to 6%, the central […]
Nedbank’s Strategic Move: Jason Quinn’s Appointment as CEO and the Bank’s Vision for the Future
In a significant development within the financial landscape of South Africa, Nedbank has appointed Jason Quinn as its new Chief Executive Officer, marking a strategic transition for the bank. The decision, hailed by the board of directors, reflects the confidence in Quinn’s track record and expertise, envisioning a substantial contribution to Nedbank’s legacy both in […]
Binance chief Changpeng Zhao pleads guilty to money laundering charges
The Binance chief executive, Changpeng Zhao, has resigned after pleading guilty to money laundering violations. “I made mistakes, and I must take responsibility. This is best for our community, for Binance, and for myself”, he said in a post on X. The Justice Department said it was requiring Binance, the largest crypto-exchange in the world, […]
Tax warning for South African expats
South Africans living abroad are contending with a major shift in procedures from the South African Revenue Service (SARS). Tax consultant Leap Group said that SARS has started flagging previously unsubmitted tax returns. “This change is not arbitrary; it is based on third-party information received by SARS, which can include information received from foreign institutions […]
