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Ray is a financial journalist passionate about public policy and property.

The investment firm that sunk Peter Moyo to suspension status

Old Mutual’s business dealings with NMT Capital, an investment firm linked to Moyo, resulted in a ‘material breakdown in trust and confidence’.

Behind the latest cost blowout at Sasol’s ‘too big to fail’ Lake Charles project

Chemical giant will incur an additional $1bn cost, and analysts want directors to be held accountable.

FSCA probes Viceroy, fund managers over Nepi Rockcastle report

Regulator probing whether Viceroy was ‘negligent’ in releasing the report that unleashed a dramatic sell-off in Nepi shares.

Can a third-party claim sully your insurance risk profile?

In theory, no – but ombud finds Budget incorrectly classified a customer’s claim, a practice that could affect your insurance risk profile.

Barloworld’s new BEE scheme could have a fighting chance

It’s underpinned by properties as assets and not share price movements.

Agrizzi testimony sinks BEE agency Empowerdex’s accreditation

The firm’s accreditation has been suspended meaning it can’t take on new BEE verification clients.

Please Call Me inventor back in court, this time to face litigation funders

Makate’s former backers want 50% of his potential compensation from Vodacom.

SA’s UK trade agreement ‘will continue’ despite chaotic Brexit talks

Government believes it will still have unfettered access to the UK once it leaves the EU.

Making a dent in SA’s unemployment crisis

The job creation initiative has created more than 3 000 work opportunities since its start nearly five months ago.

SA Post Office turnaround staked on e-commerce and drone deliveries

The state-owned entity is under pressure to diversify from its core mail delivery business, which is in perennial decline.

FSCA clears Resilient companies of insider trading

Group and its stablemates not yet out of the woods, however.

MultiChoice’s JSE listing vexes communications regulator

Icasa says the company jumped the gun with its JSE debut as its broadcasting licence was awarded to Naspers, not MultiChoice.

MultiChoice looks beyond SA for growth after JSE listing

Wants to grow its subscriber numbers in the rest of Africa threefold in the next four years.

Mixed response to City of Joburg’s inclusionary housing policy

The rich will soon live side by side with the poor in Johannesburg.

Audit firms up in arms over Irba’s possible search and seizure powers

Treasury proposals a sign of its determination to get tough.
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