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The Financial Sector Conduct Authority (FSCA) has revoked the financial services provider licence of Banxso, marking an escalation in its regulatory action after receiving consumer complaints about the business.

Financial watchdog revokes Banxso’s licence

AfriMarkets distances itself from the company as its own licence is provisionally withdrawn

Lyse Comins

Eskom faces fines of up to R5-million under South Africa’s air quality legislation for supplying blatantly false and misleading information about its toxic pollution at the Kendal coal-fired power station to authorities.
(Waldo Swiegers/Bloomberg/Getty Images)

Eskom could be fined R5-million over pollution at Kendal power station

The power utility is being taken to court by the Minister of Environment, Forestry and Fisheries in a first-of-its-kind criminal prosecution

Sheree Bega