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China ends the investigation of Jack Ma’s ant with a fine of 984 million dollars

Financial regulators have fined Ant 7.12 billion yuan ($984 million), the People’s Bank of China said, concluding more than two years of investigations into the financial technology firm founded by billionaire Jack Ma. Tencent has been fined 2.99 billion yuan, according to central bank data on Friday. Shares of Ant’s Alibaba Group Holding Company rose … Read more

Safa denounces allegations of corruption by Danny Jordan

The South African Football Association (SAFA) has said it will prosecute Bart Henderson for defamation and breach of the Personal Information Protection Act (Popia). In June 2023, Henderson—a fraud risk and reputation management consultant by profession—published a forensic report alleging numerous irregularities within Safa. With fingers pointing at association president Danny Jordan. Safa has been … Read more

He urged residents to stock up on water before next week

Joburg residents should brace themselves – and start filling their water pails – before a scheduled maintenance shutdown that will knock out water across the city next week. Johannesburg Water says this shutdown is necessary to complete maintenance and modernization requirements at Rand Water’s Eikenhof pumping station. As Rand Water supplies water to Johannesburg’s reservoirs, … Read more