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James DanielCNN has reported on the recent $1.5 billion cryptocurrency heist, identifying North Korean hackers as the perpetrators. One of the biggest cryptocurrency thefts in recent history has sent shockwaves through the digital…
James DanielAt a fundamental level, comedy offers a means of livelihood for performers, addressing economic and security needs. Socially, humor fosters connections and a sense of belonging among individuals. At its…
James DanielAccording to Tradingview The Johannesburg Stock Exchange (JSE) has observed significant trading activity in the below five stocks. The elevated trading activities of the stocks can be attributed to their…
James DanielThe Zimbabwean business community stands at a crossroad. For too long, they have been trapped in a receive-only mindset, waiting for investors, seeking foreign capital, and allowing international brands to dominate…
James DanielMusk’s Starlink Stalled The recent actions by President Donald Trump to dismantle Diversity, Equity, and Inclusion (DEI) initiatives in the United States present a stark contrast to South Africa’s steadfast…
James DanielPick n Pay vs. Best Buy – From Legacy to Lean Strategy Retail businesses across the world face evolving consumer behavior, economic pressures, and digital disruption. Pick n Pay in South Africa…
CorrespondentThe Democratic Republic of Congo (DRC) has urged Formula 1 (F1) to cancel discussions with Rwanda over hosting a Grand Prix, citing Rwanda’s alleged support for the M23 rebel group, which has caused mass displacement and violence in eastern DRC. DRC’s Foreign Minister, Thérèse Kayikwamba Wagner, warned F1 that associating with Rwanda could tarnish its reputation, calling it a “blood-stained” deal.
James DanielBetween 2014 and 2016, OneCoin generated over $4 billion from investors in over 175 countries, making it one of the most lucrative scams in history. By 2017, authorities were closing in, and Ignatova mysteriously vanished. She was last seen boarding a flight from Sofia to Athens and had remained at large until recent reports indicated she may be hiding in Cape Town.
CorrespondentThe “case of two colors” argument—often used to describe disparities in legal treatment based on power, influence, nationality, or race—could be debated in the cases of Vikas Sagar, a former McKinsey executive, and Manuel Chang, Mozambique’s former finance minister. Their legal outcomes present a stark contrast, despite both being implicated in large-scale financial corruption
James DanielGlobal consulting giant McKinsey & Company has agreed to pay a $122 million settlement with U.S. authorities over its involvement in South Africa’s state capture scandal. The deal marks the latest effort to hold corporations accountable for their role in the corruption that crippled South Africa’s economy during the tenure of former President Jacob Zuma.The settlement comes after years of investigations into how McKinsey allegedly colluded with corrupt officials at state-owned enterprises, including Eskom (the national power utility) and Transnet (the national transport company), to secure lucrative contracts through fraudulent means.
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