Global task team cracks online investment scam run from SA

Global task team cracks online investment scam run from SA

The suspects were arrested on Tuesday in Johannesburg. (Image source: SAPS) A group of suspected international online scammers was apprehended yesterday by a multi-agency global law-enforcement task team led by the Directorate for Priority Crime Investigation (the Hawks) in Bryanston, Johannesburg. The arrests come amid warnings from local cyber security experts of a rise in…

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Rand breaks through R16/$ – and may have further to run

Rand breaks through R16/$ – and may have further to run

The commodity-linked rand strengthened on Monday morning, touching R15.99/US$ thanks to record gold prices, while traders awaited the central bank’s first rate-setting meeting this year. The rand briefly moved stronger than the R16 mark at 10.40am SAST. It then retreated slightly and was last quoted at 11.24am at R16.03/$. These are the currency’s strongest levels…

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