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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

JPMorgan Chase

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Business / Economics

Competition Appeals Court deals blow to South African rand manipulation case

The South African Competition Commission’s rand-rigging case has been dealt a massive blow, as the Competition Appeals Court dismissed 23 of the 28 implicated commercial banks, saying the commission lacked enough evidence to support its claim of a conspiracy to manipulate the rand-dollar exchange rates between 2007 and 2013. However, Investec, JPMorgan Chase, HSBC, BNP Paribas, and Credit Suisse still face potential prosecution. Separately, Moneyweb reports that Standard Bank has […]

todayJanuary 9, 2024 11

World

Fast-fashion giant Shein applies to go public in US: report

ATTENTION - ADDS Shein declined to comment /// Washington, Nov 28, 2023 (AFP) - Chinese-founded fast fashion giant Shein has confidentially applied to go public in the United States, the Wall Street Journal reported Monday, calling the move potentially one of the biggest IPOs in years. The offering could come next year, the newspaper said, citing people familiar with the matter and adding that Chinese media had also reported on […]

todayNovember 28, 2023 4

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