Recent Posts

Pillay joins Gordhan, seeks own review of Mkhwebane’s report

Former deputy South Africa Revenue Service commissioner Ivan Pillay has filed an affidavit stating that he intends to pursue a review of findings against him in a Public Protector’s report he says detrimentally affects him. In response to the report, currently being challenged by Public Enterprises Minister Pravin Gordhan, Pillay released his affidavit in the […]

Britain won’t try to stop Facebook Libra coin: UK finance minister

Regulators, not lawmakers, should decide whether Facebook needs a banking license to launch the new digital currency Libra, according to Philip Hammond, Britain’s outgoing finance minister. Hammond also told CNBC on Monday that the British government will “engage” with Libra and won’t try to stop it. This week in the U.S., Senate and House committees […]

Eskom’s group treasurer to step down at the end of August

Eskom announced on Monday that its Group Treasurer, Andre Pillay, had tendered his resignation. He will leave the power utility at the end of August 2019. He had served in the position since 2016. Eskom said Pillay’s contribution to the successful execution of Eskom’s Treasury mandate had been “immeasurable”. The power utility did not say […]

Bitcoin price falls below $10,000 as President Trump slams crypto

A man walks past a bitcoin ATM in Vilnius, Lithuania. Ints Kalnins | Reuters Bitcoin fell sharply on Monday, following President Donald Trump’s criticism of cryptocurrencies. The world’s most valuable virtual currency dropped about 10% to $10,175, according to CoinDesk data. It briefly dived below $10,000, dropping as low as $9,872. The reason for the […]

The Vibrant Blue Hues of Morocco’s Chefchaouen Village Captured in Photographs by Tiago & Tania

Photography duo Tania De Pascalis and Tiago Marques, known as Tiago & Tania, spent six days capturing the blue-tinted stone architecture of Chefchaouen, a 550-year-old village located in the mountains of Morocco. The photo series presents an interesting juxtaposition of everyday life within a fairytale-like aesthetic created by the town’s trademark cerulean walls, which have earned […]