Pyramid Schemes

High cost of get-rich-quick scams

South Africans are often swindled out of their savings by slick con artists. People need to ask questions and be wary of tempting offers

Rich pickings for Russian con artist

A convicted fraudster is separating gullible South Africans from their money in a scheme with its very own seductive liberation ideology.

SA police bust HIV/Aids pyramid scheme

South African authorities busted a pyramid investment scheme on Tuesday involving a company offering HIV/Aids treatments.

Madoff: The ‘big lie’ that got bigger and bigger

When Bernard Madoff allegedly admitted that his investment company was a "big lie", few realised just how big.

Obama promises ‘adult supervision’ for Wall Street

President-elect Barack Obama has blamed a lack of "adult supervision" for scandals such as Bernard Madoff's alleged $50-billion fraud.

Madoff’s firm to be sold off

US authorities said on Monday they were liquidating Bernard Madoff Investment Securities LLC of New York, following Madoff's arrest for alleged fraud.

Top banks face losses in ‘pyramid’ fraud

Top world financial groups on Monday revealed massive potential losses from an alleged scam run by Wall Street trader Bernard Madoff.

Latest

NGOs ask ConCourt to order that shops can sell baby clothes during lockdown

The organisations say lockdown regulations are unconstitutional because they do not protect the best interests of children

Slice of life: Recycling for our lives

This lockdown will hurt my family in the stomach. We will suffer for this whole period. I don’t even know what I will do when my wife gives birth in the next two weeks

Mbalula defends changing taxi operating times

Regulations for taxis have been relaxed over the last few days of the lockdown prompting criticism. Transport minister Fikile Mbalula however, has defended the decision

Press Releases

New energy mix on the cards

REI4P already has and will continue to yield thousands of employment opportunities

The online value of executive education in a Covid-19 world

Executive education courses further develop the skills of leaders in the workplace

Sisa Ntshona urges everyone to stay home, and consider travelling later

Sisa Ntshona has urged everyone to limit their movements in line with government’s request

SAB Zenzele’s special AGM postponed until further notice

An arrangement has been announced for shareholders and retailers to receive a 77.5% cash payout

20th Edition of the National Teaching Awards

Teachers are seldom recognised but they are indispensable to the country's education system

Awards affirm the vital work that teachers do

Government is committed to empowering South Africa’s teachers with skills, knowledge and techniques for a changing world

SAB Zenzele special AGM rescheduled to March 25 2020

New voting arrangements are being made to safeguard the health of shareholders