That video is of a controlled implosion. One can see the detonation of the charges.
Regards
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That video is of a controlled implosion. One can see the detonation of the charges.
Regards
Reminds me of 9/11 ....perfect puffs of detonation ...but it was a plane ?????
Hope none of you invested in this!
Founders of SA crypto company allegedly vanished with R54bn from investors
https://www.capetownetc.com/news/fo...-allegedly-vanished-with-r54bn-from-investors
25 June 2021
A South African cryptocurrency investment company, AfriCrypt, which was launched in 2019 by 17-year-old Ameer Cajee, and his 20-year-old brother, Raees Cajee has allegedly defrauded around $3.6 billion in investor funds that amounts to R54bn. According to IOL, it was said that their trading system was “hacked”.
In total, 69 000 bitcoins went missing.
The investors were told not to report the hack to law enforcement as the brothers allegedly claimed that it would delay the process of recovering the funds. The duo then reportedly transferred the funds from a South African account before leaving to the UK, IOL adds.
It has been alleged that investors were told to deposit funds via EFT into AfriCrypt’s FNB banking account. However, FNB risk spokesperson, Nadiah Maharaj said: “FNB once again confirms that it does not have a banking relationship with Africrypt. Due to client confidentiality, FNB cannot provide any information on specific bank accounts.”
The Financial Sector Conduct Authority (FSCA) has spoken up regarding the number of theft-related scams that continues to grow in South Africa: “The authority is concerned over the large number of scams being perpetrated by people purporting to provide the crypto asset to the public,” it said. “The public must be aware of the very large number of unscrupulous players in this sector.”
Meanwhile, Zakira Laher who is the cousin of the duo and the former director at Africrypt has said that people are now asking her for money, and she doesn’t know what to tell them, Business Insider reports.
“And I’m terrified for my life, I don’t have R50 billion to run to the UK or Dubai or China or wherever they are in the world,” she said.
This comes after AfriCrypt investors lost access to the back-end of the system when the “hack” was announced.
“We regret to inform you that due to the recent breach in our system, client accounts, client wallets and nodes were all compromised,” it said.
“Unfortunately, this has forced Africrypt to halt operations… We urge all clients to please be patient as we attempt to resolve the situation. It is understandable that clients may proceed the legal route, but we ask clients to please acknowledge that this will only delay the recovery process.”
The attorney who is handling the case on behalf of the investors, Darren Hanekom, said that these funds were “subjected to various dark web tumblers and mixers, resulting in severe fragmentation.“ This means that the funds seems to be untraceable. They have, however, alerted various global exchanges about the alleged theft in a bid to watch out for efforts to convert the bitcoins, as IOL reports.
The Gauteng South High Court has granted a provisional liquidation order against the two brothers, in favour of about 20 investors.
The brothers have until July 19 to argue against the liquidation.
Founders of SA crypto company allegedly vanished with R54bn from investors
https://www.capetownetc.com/news/fo...-allegedly-vanished-with-r54bn-from-investors
25 June 2021
A South African cryptocurrency investment company, AfriCrypt, which was launched in 2019 by 17-year-old Ameer Cajee, and his 20-year-old brother, Raees Cajee has allegedly defrauded around $3.6 billion in investor funds that amounts to R54bn. According to IOL, it was said that their trading system was “hacked”.
In total, 69 000 bitcoins went missing.
The investors were told not to report the hack to law enforcement as the brothers allegedly claimed that it would delay the process of recovering the funds. The duo then reportedly transferred the funds from a South African account before leaving to the UK, IOL adds.
It has been alleged that investors were told to deposit funds via EFT into AfriCrypt’s FNB banking account. However, FNB risk spokesperson, Nadiah Maharaj said: “FNB once again confirms that it does not have a banking relationship with Africrypt. Due to client confidentiality, FNB cannot provide any information on specific bank accounts.”
The Financial Sector Conduct Authority (FSCA) has spoken up regarding the number of theft-related scams that continues to grow in South Africa: “The authority is concerned over the large number of scams being perpetrated by people purporting to provide the crypto asset to the public,” it said. “The public must be aware of the very large number of unscrupulous players in this sector.”
Meanwhile, Zakira Laher who is the cousin of the duo and the former director at Africrypt has said that people are now asking her for money, and she doesn’t know what to tell them, Business Insider reports.
“And I’m terrified for my life, I don’t have R50 billion to run to the UK or Dubai or China or wherever they are in the world,” she said.
This comes after AfriCrypt investors lost access to the back-end of the system when the “hack” was announced.
“We regret to inform you that due to the recent breach in our system, client accounts, client wallets and nodes were all compromised,” it said.
“Unfortunately, this has forced Africrypt to halt operations… We urge all clients to please be patient as we attempt to resolve the situation. It is understandable that clients may proceed the legal route, but we ask clients to please acknowledge that this will only delay the recovery process.”
The attorney who is handling the case on behalf of the investors, Darren Hanekom, said that these funds were “subjected to various dark web tumblers and mixers, resulting in severe fragmentation.“ This means that the funds seems to be untraceable. They have, however, alerted various global exchanges about the alleged theft in a bid to watch out for efforts to convert the bitcoins, as IOL reports.
The Gauteng South High Court has granted a provisional liquidation order against the two brothers, in favour of about 20 investors.
The brothers have until July 19 to argue against the liquidation.
Officials responsible for Beitbridge fence fiasco still facing action, says De Lille
By Siyabonga Mkhwanazi
3h ago
Cape Town - Public Works and Infrastructure Patricia de Lille said action has been taken against officials responsible for the Beitbridge border post fencing fiasco.
However, the disciplinary hearing has been put on hold after one official took the department to court to challenge the hearing.
MPs were up in arms late last year after it emerged that the 38km border fence between South Africa and Zimbabwe collapsed.
This was after almost R40 million was allocated for the project.
Some of the parties referred to the fence as the washing line. .....
https://www.iol.co.za/news/politics...de-lille-a6b76e53-5725-46fe-a56e-1e049abcfcd2
By Siyabonga Mkhwanazi
Cape Town - Public Works and Infrastructure Patricia de Lille said action has been taken against officials responsible for the Beitbridge border post fencing fiasco.
However, the disciplinary hearing has been put on hold after one official took the department to court to challenge the hearing.
MPs were up in arms late last year after it emerged that the 38km border fence between South Africa and Zimbabwe collapsed.
This was after almost R40 million was allocated for the project.
Some of the parties referred to the fence as the washing line. .....
https://www.iol.co.za/news/politics...de-lille-a6b76e53-5725-46fe-a56e-1e049abcfcd2
https://www.thesouthafrican.com/new...l-ramaphosa-ipad-parody-lockown-latest-remix/
kiffness-max-hurrell-ramaphosa-ipad-parody
kiffness-max-hurrell-ramaphosa-ipad-parody
The expected fuel price adjustments for South Africa for July :
- Petrol 95 – increase of 17 cents
- Petrol 93 – increase of 29 cents
- Diesel 0.05% – increase of 37 cents
- Diesel 0.005% – increase of 36 cents
- Paraffin – increase of 31 cents
Netflix launched a new mobile price plan at R49 per month together with a feature it calls “play partial download”.
Aimed specifically at those who only wish to watch Netflix on a mobile device, the new Netflix Mobile plan is available in South Africa at R49 per month.
Subscribing to the mobile plan lets you watch Netflix from a tablet or smartphone, but not a computer or smart TV. It allows a single active standard definition (520p) stream at any given time.
Besides being restricted to mobile devices, Netflix Mobile is a fully-fledged Netflix experience.
https://mybroadband.co.za/news/broa...ed-in-south-africa.html?utm_source=newsletter
Aimed specifically at those who only wish to watch Netflix on a mobile device, the new Netflix Mobile plan is available in South Africa at R49 per month.
Subscribing to the mobile plan lets you watch Netflix from a tablet or smartphone, but not a computer or smart TV. It allows a single active standard definition (520p) stream at any given time.
Besides being restricted to mobile devices, Netflix Mobile is a fully-fledged Netflix experience.
https://mybroadband.co.za/news/broa...ed-in-south-africa.html?utm_source=newsletter
South African electricity prices increase tomorrow — how much more you will pay
Cape Town, Johannesburg, and Durban residents will pay between 13.48% and 14.59% more for electricity from 1 July.
These price hikes follow the National Energy Regulator of South Africa’s (Nersa’s) approval of Eskom tariff increase to direct customers and municipalities.
Eskom will implement an average tariff increase of 17.80% to electricity supplied to municipalities on 1 July 2021. Eskom’s direct customers will pay 15.06%.
https://mybroadband.co.za/news/ener...-more-you-will-pay.html?utm_source=newsletter
Cape Town, Johannesburg, and Durban residents will pay between 13.48% and 14.59% more for electricity from 1 July.
These price hikes follow the National Energy Regulator of South Africa’s (Nersa’s) approval of Eskom tariff increase to direct customers and municipalities.
Eskom will implement an average tariff increase of 17.80% to electricity supplied to municipalities on 1 July 2021. Eskom’s direct customers will pay 15.06%.
https://mybroadband.co.za/news/ener...-more-you-will-pay.html?utm_source=newsletter
Ramaphosa promised better trains — but criminals stole the railway tracks
https://mybroadband.co.za/news/gove...the-railway-tracks.html?utm_source=newsletter
https://mybroadband.co.za/news/gove...the-railway-tracks.html?utm_source=newsletter
Accusers stunned as Bill Cosby freed after sexual assault conviction overturned
https://www.iol.co.za/news
1 July 2021
"Bill Cosby walked out of a prison in Pennsylvania as a free man on Wednesday after nearly three years behind bars when the state's highest court ruled that he was wrongly convicted of sexually assaulting a woman..."
https://www.iol.co.za/news
1 July 2021
"Bill Cosby walked out of a prison in Pennsylvania as a free man on Wednesday after nearly three years behind bars when the state's highest court ruled that he was wrongly convicted of sexually assaulting a woman..."
The Protection of Personal Information Act, often called the POPI Act or POPIA, will prohibit companies from using automated machines to call people without their consent.
Section 69 of the POPIA, which related to direct marketing by means of unsolicited electronic communications, states:
The processing of personal information of a data subject for the purpose of direct marketing by means of any form of electronic communication, including automatic calling machines, facsimile machines, SMSs, or email is prohibited unless the data subject—
Section 69 of the POPIA, which related to direct marketing by means of unsolicited electronic communications, states:
The processing of personal information of a data subject for the purpose of direct marketing by means of any form of electronic communication, including automatic calling machines, facsimile machines, SMSs, or email is prohibited unless the data subject—
- has given his, her or its consent to the processing; or
- is, subject to subsection (3), a customer of the responsible party.
Food prices in South Africa are much higher than last year – here’s what you’re paying more for
https://businesstech.co.za/news/lif...-youre-paying-more-for/?utm_source=newsletter
https://businesstech.co.za/news/lif...-youre-paying-more-for/?utm_source=newsletter
Demerits and rehab for SA’s bad drivers – but only in 2022
https://www.businessinsider.co.za/d...vers-under-aarto-come-into-effect-2022-2021-7
1 July 2021
AARTO was expected to come into effect on Thursday. A media briefing by the department of transport on the launch day revealed that, following advice from the state's legal advisory team, AARTO was still awaiting a presidential "proclamation notice" before the regulations could be properly implemented.
Under the new Act drivers who accumulate more than 15 demerit points – which can be earned by violating more than 1,000 traffic laws – will have their licenses suspended. Challenging these penalties must be done through an Appeals Tribunal.
Drivers who lose their licenses due to repeated infringements – classified as "habitual infringers" – will be required to undergo a rehabilitation process to earn their licenses back.
But none of these regulations will come into effect this year, as was initially intended by the department of transport and RTIA. Instead, three foundational phases will first need to be rolled out. This is expected to take a year, with demerits and rehabilitation for bad drivers expected to come into effect between July 2022 and June 2023.
Phase 1 of the AARTO rollout, which officially began on Thursday, will establish seven national service outlets which inform drivers of the enforcement processes. It will also see the National Traffic Information System (NaTIS) being incorporated to collect AARTO payments. This phase is expected to be completed by October 2021.
The second phase will identify the first 67 municipalities which will switch over to the AARTO regulations and to deploy 18 service outlets. The Appeals Tribunal process will also be finalised during this phase which is expected to be completed at the end of the year.
Phase 3 will see AARTO rollout to the remaining 144 municipalities by July 2022. The fourth and final phase will introduce the points demerit system, driver rehabilitation centres and 20 self-service kiosks..."
https://www.businessinsider.co.za/d...vers-under-aarto-come-into-effect-2022-2021-7
1 July 2021
- South Africa's new traffic infringement laws will come into effect in four distinct phases.
- Drivers will get demerit points for traffic offences and need to undergo a rehabilitation programme to earn back their suspended licenses.
- But this will only be introduced in July 2022.
AARTO was expected to come into effect on Thursday. A media briefing by the department of transport on the launch day revealed that, following advice from the state's legal advisory team, AARTO was still awaiting a presidential "proclamation notice" before the regulations could be properly implemented.
Under the new Act drivers who accumulate more than 15 demerit points – which can be earned by violating more than 1,000 traffic laws – will have their licenses suspended. Challenging these penalties must be done through an Appeals Tribunal.
Drivers who lose their licenses due to repeated infringements – classified as "habitual infringers" – will be required to undergo a rehabilitation process to earn their licenses back.
But none of these regulations will come into effect this year, as was initially intended by the department of transport and RTIA. Instead, three foundational phases will first need to be rolled out. This is expected to take a year, with demerits and rehabilitation for bad drivers expected to come into effect between July 2022 and June 2023.
Phase 1 of the AARTO rollout, which officially began on Thursday, will establish seven national service outlets which inform drivers of the enforcement processes. It will also see the National Traffic Information System (NaTIS) being incorporated to collect AARTO payments. This phase is expected to be completed by October 2021.
The second phase will identify the first 67 municipalities which will switch over to the AARTO regulations and to deploy 18 service outlets. The Appeals Tribunal process will also be finalised during this phase which is expected to be completed at the end of the year.
Phase 3 will see AARTO rollout to the remaining 144 municipalities by July 2022. The fourth and final phase will introduce the points demerit system, driver rehabilitation centres and 20 self-service kiosks..."
Taxis will not obey South Africa’s new road rules – Report
https://topauto.co.za/news/18264/ta...-new-road-rules-report/?utm_source=newsletter
The National Taxi Alliance (NTA) has stated it will not follow South Africa’s new road laws, which form part of the Adjudication of Road Traffic Offences (Aarto) Act.
This is according to a report by The Star, which spoke to NTA spokesperson Theo Malele.
Aarto is due to come into effect on 1 July, and brings several changes to driving rules in the country.
In the report, Malele said the taxi industry “would not comply with the new law”, and that the demerit system which forms part of Aarto would be a disaster for taxi owners.
Malele said this is because taxi owners could lose their driver’s licences for offences committed by their employed drivers.
https://topauto.co.za/news/18264/ta...-new-road-rules-report/?utm_source=newsletter
The National Taxi Alliance (NTA) has stated it will not follow South Africa’s new road laws, which form part of the Adjudication of Road Traffic Offences (Aarto) Act.
This is according to a report by The Star, which spoke to NTA spokesperson Theo Malele.
Aarto is due to come into effect on 1 July, and brings several changes to driving rules in the country.
In the report, Malele said the taxi industry “would not comply with the new law”, and that the demerit system which forms part of Aarto would be a disaster for taxi owners.
Malele said this is because taxi owners could lose their driver’s licences for offences committed by their employed drivers.
Law to change SABC TV licence system approved by Cabinet
https://mybroadband.co.za/news/broa...pproved-by-cabinet.html?utm_source=newsletter
The SABC and Department of Communications and Digital Technologies have presented two competing models to Parliament to reform how the broadcaster is funded. These are:
To increase the TV licence compliance rate, the Department of Communications wants private broadcasters to be forced to collect TV licence fees from their subscribers.
https://mybroadband.co.za/news/broa...pproved-by-cabinet.html?utm_source=newsletter
The SABC and Department of Communications and Digital Technologies have presented two competing models to Parliament to reform how the broadcaster is funded. These are:
- A new tax referred to as a “household levy“.
- Keeping the TV licence, expanding it to include smartphones and computers, and forcing private broadcasters to collect TV licence fees on the SABC’s behalf.
To increase the TV licence compliance rate, the Department of Communications wants private broadcasters to be forced to collect TV licence fees from their subscribers.
MUGG & BEAN DEBUNKS MASINA'S 'FAKE NEWS' ABOUT RESTAURANTS' PERMANENT CLOSURE
https://ewn.co.za/2021/07/04/mugg-a...fake-news-about-restaurants-permanent-closure
4 July 2021
"Mugg & Bean had to quickly jump in and assure everyone that the news of the closure was in fact "fake news", adding that it has only disallowed sit down eating in line with current level 4 lockdown measures..."
https://ewn.co.za/2021/07/04/mugg-a...fake-news-about-restaurants-permanent-closure
4 July 2021
"Mugg & Bean had to quickly jump in and assure everyone that the news of the closure was in fact "fake news", adding that it has only disallowed sit down eating in line with current level 4 lockdown measures..."
FINALLY!!!
https://ewn.co.za/2021/07/07/former...-himself-over-to-serve-15-month-jail-sentence
FORMER PRESIDENT JACOB ZUMA HANDS HIMSELF OVER TO SERVE 15-MONTH JAIL TERM
https://ewn.co.za/2021/07/07/former...-himself-over-to-serve-15-month-jail-sentence
FORMER PRESIDENT JACOB ZUMA HANDS HIMSELF OVER TO SERVE 15-MONTH JAIL TERM
And I wonder who made this possible ....
Illegal cigarette shocker in South Africa
Staff Writer7 July 2021
Illegal cigarettes are being sold in 41% of all shops in South Africa, a new study from independent market research agency Ipsos has found.
Using a mystery shopper approach, Ipsos researchers carried out fieldwork between 15 and 22 June 2021 and found the sale of illegal cigarettes had surged to unprecedented levels.
“The tide of illegal cigarettes has infiltrated every province as criminals wage a price war that is costing the state billions and destroying the legal market.”
The team found numerous stores across the country where cigarettes were being sold for less than the minimum collectable tax (MCT) of R21.60 on a packet of 20 cigarettes.
In fact, Ipsos found packs being sold for as little as R6.
https://mybroadband.co.za/news/busi...er-in-south-africa.html?utm_source=newsletter
Illegal cigarette shocker in South Africa
Staff Writer7 July 2021
Illegal cigarettes are being sold in 41% of all shops in South Africa, a new study from independent market research agency Ipsos has found.
Using a mystery shopper approach, Ipsos researchers carried out fieldwork between 15 and 22 June 2021 and found the sale of illegal cigarettes had surged to unprecedented levels.
“The tide of illegal cigarettes has infiltrated every province as criminals wage a price war that is costing the state billions and destroying the legal market.”
The team found numerous stores across the country where cigarettes were being sold for less than the minimum collectable tax (MCT) of R21.60 on a packet of 20 cigarettes.
In fact, Ipsos found packs being sold for as little as R6.
https://mybroadband.co.za/news/busi...er-in-south-africa.html?utm_source=newsletter
South Africa has run into a big problem – and it’s not sustainable, warns Capitec
Staff Writer6 July 2021
South Africa’s employment and social grants numbers have effectively reversed over the last 20 years – and this is now one of the biggest risks for the country, says Nkosana Mashiya, executive of Risk Management at Capitec.
Mashiya said that this forms part of a broader problem with South Africa’s fiscal position and the government’s public finances.
“This (position) has been dwindling over time. But think about it. Today, 18 million people are on social grants, with 14 million taxpayers,” he said.
https://businesstech.co.za/news/ban...tainable-warns-capitec/?utm_source=newsletter
Staff Writer6 July 2021
South Africa’s employment and social grants numbers have effectively reversed over the last 20 years – and this is now one of the biggest risks for the country, says Nkosana Mashiya, executive of Risk Management at Capitec.
Mashiya said that this forms part of a broader problem with South Africa’s fiscal position and the government’s public finances.
“This (position) has been dwindling over time. But think about it. Today, 18 million people are on social grants, with 14 million taxpayers,” he said.
https://businesstech.co.za/news/ban...tainable-warns-capitec/?utm_source=newsletter
And I wonder who made this possible ....
Illegal cigarette shocker in South Africa
Staff Writer7 July 2021
Illegal cigarettes are being sold in 41% of all shops in South Africa, a new study from independent market research agency Ipsos has found.
Using a mystery shopper approach, Ipsos researchers carried out fieldwork between 15 and 22 June 2021 and found the sale of illegal cigarettes had surged to unprecedented levels.
“The tide of illegal cigarettes has infiltrated every province as criminals wage a price war that is costing the state billions and destroying the legal market.”
The team found numerous stores across the country where cigarettes were being sold for less than the minimum collectable tax (MCT) of R21.60 on a packet of 20 cigarettes.
In fact, Ipsos found packs being sold for as little as R6.
https://mybroadband.co.za/news/busi...er-in-south-africa.html?utm_source=newsletter
It's the govenment's fault for imposing a cigarette ban last year. Now more people are aware of what they can get for much cheaper prices!!
But let's face it, it is totally plausible that this was a deliberate move to reward certain friends of those in government. Then again, what does a pleb like me know about these things, I therefore retract my statement.
Apologetic Regards
Johannesburg - SAPS and Joburg metro police officers have been dispatched to parts of the Joburg CBD on Sunday as unrest swept through parts of the city.
The Joburg metro police confirmed that parts of the M2 highway had to be closed early on Sunday as gunshots were being fired at passing vehicles.
JMPD spokesperson Xolani Fihla said the gun shots were being fired from the Denver and George Goch hostels. A building had also been set on fire in Jeppestown.
“At the present moment, the M2 has been closed off near Cleveland. We have received reports of gunshots being fired at passing vehicles so it had to be closed off.
“The vehicles are being diverted to Maritzburg Street and Cleveland Road. Inside the areas of Jeppestown and Denver, there was also sporadic unrest, so officers were deployed and we do have a high police presence in the areas. In Berea, there are also reports of protests and police are present,” he said.
M2 highway closed off as unrest sweeps through Joburg CBD (msn.com)
The Joburg metro police confirmed that parts of the M2 highway had to be closed early on Sunday as gunshots were being fired at passing vehicles.
JMPD spokesperson Xolani Fihla said the gun shots were being fired from the Denver and George Goch hostels. A building had also been set on fire in Jeppestown.
“At the present moment, the M2 has been closed off near Cleveland. We have received reports of gunshots being fired at passing vehicles so it had to be closed off.
“The vehicles are being diverted to Maritzburg Street and Cleveland Road. Inside the areas of Jeppestown and Denver, there was also sporadic unrest, so officers were deployed and we do have a high police presence in the areas. In Berea, there are also reports of protests and police are present,” he said.
M2 highway closed off as unrest sweeps through Joburg CBD (msn.com)
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