Articles by Magnificent Mndebele

Past sins come back to haunt microlenders, with Capitec on the frontline

A widespread past practice of procuring unlawful emolument attachment orders to recover debts directly from defaulting debtors’ salaries may soon result in significant restitution claims against major microlenders.


5 July 2024

PIC looks on while ‘Survé Inc’ burns through state pensioners’ billions

Controversial newspaper owner Iqbal Survé continues to side-step the state fund manager’s efforts to reclaim the fortune that its former boss threw his way. Meanwhile ever more of the PIC’s cash is being spent propping up the Survé empire.

Dewald van Rensburg
28 January 2021