Moody's Investors Service credit ratings agency is leaving in South Africa
The Prudential Authority of South Africa is set to remove Moody's Investors Service South Africa (Moody's Ratings-SA) as an eligible External Credit Assessment Institution.
The decision followed the Financial Sector...
200% returns and 120-year lifespan, new "Biblical" investment scheme promises
The Financial Sector Conduct Authority (FSCA) is investigating a South African investment scheme promising 200% annual returns and "alternative health products" that guarantee a minimum lifespan of 120 years...
FSCA issues warning to South Africans about Bitcoin investments
The Financial Sector Conduct Authority (FSCA) has warned South Africans against investing in cryptocurrency schemes that could see them lose their savings.
It said there has been a sharp increase in cryptocurrency-related...