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Delays and risky investments: GEPF defends finances

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A sky-high valuation and escalating rates bill from City of Joburg is threatening the historic Rand Club in the CBD. A look at the storied history of SA’s railways. And, a new real estate incubator programme promises to create almost 700 real jobs.
25 Jul 6AM English South Africa Business News · Politics

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[TOP STORY] Historic Rand Club faces closure over R1.6m rates bill

‘The City of Joburg is, I think, essentially close to bankruptcy, if not bankrupt already. I think they are just trying to squeeze whichever institution it is that they can identify for as much money as they can,’ says Rand Club chair, Brian McKechnie.
25 Jul 8AM 6 min

[TOP STORY] Telecom fraud wave: SA losing R5.3bn annually

‘As network operators, we are under siege by organised crime syndicates who go to our stores and purchase services using completely fraudulent information,’ says Advocate Thokozani Mvelase, CEO, Communication Risk Information Centre.
23 Jul 9AM 7 min
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