ARC urges the public to report suspicious investment offers. Investment holding firm African Rainbow Capital (ARC) is warning the public about a criminal syndicate fraudulently using the company’s branding and the identities of executives to lure people into investment scams. It says the fraudsters are primarily operating through social media platforms, particularly WhatsApp groups, where…
The Minister of Trade, Industry and Competition, Parks Tau, has welcomed the announcement by the Government of the People’s Republic of China that introduces a temporary zero-tariff preference scheme for 20 non-least developed African countries, including South Africa. The measure follows an announcement by Chinese President Xi Jinping on 14 February 2026 that China would…
The Council for Medical Schemes confirmed its ICT platform weaknesses contributed to a decline in its complaint resolution target. (Image source: 123RF) Parliament’s Portfolio Committee on Health has raised concerns over the systemic ICT infrastructure weaknesses in the Council for Medical Schemes (CMS). This, as it became apparent the entity relies on outdated, 20-year-old IT…
Polmed is a closed medical scheme with membership limited to SAPS employees and their dependants. Polmed, the medical scheme serving members of the South African Police Service (SAPS), is probing a suspected data breach after a threat actor issued it with a ransom demand. The incident was confirmed to ITWeb by Neo Khauoe, principal officer…
As regulators prepare to rule on the future of a global aviation climate program, a growing number of experts and project developers are warning that the outcome could determine whether the system succeeds collapses. The decision, expected from the Council of the International Civil Aviation Organization, will shape the supply of carbon credits available under…
The Australian government has announced a gun buyback scheme in the wake of the Bondi Beach attack – its deadliest mass shooting in decades. The scheme is the largest since the Port Arthur massacre in 1996, which left 35 people dead and prompted Australia to introduce world-leading gun control measures. Fifteen people were killed and…
Hundreds of thousands of Australians forced to pay back welfare debts created by an illegal automated system have won the largest payout in the country’s history. Known as “Robodebt”, the scheme wrongly told welfare recipients they had been overpaid and demanded they repay these debts, which often never existed. In 2020, a successful class action…
Six people, including a well-known rhinocerous breeder, have been charged in South Africa in connection to an international rhino horn trafficking network after a seven-year investigation, officials announced Tuesday. The suspects are accused of smuggling 964 horns worth $14.1 million to illegal markets in Southeast Asia. They face charges of fraud, theft and violating a…
Anticorruption agencies arrest four suspects after government forced to backtrack on push to strip them of autonomy. Ukrainian authorities have detained several officials over a “large-scale corruption scheme” in the defence sector, just days after lawmakers restored the independence of the country’s two main investigative bodies. The National Anti-Corruption Agency (NABU) and the Specialised Anti-Corruption…
A California man was arrested on a 14-count federal indictment Thursday that alleges he used dating apps to con matches out of millions of dollars by posing as an investor, officials said. Christopher Earl Lloyd, 39, of Orange County, is accused of executing the scheme from April 2021 until February 2024, according to the indictment,…
