Banking with sharks at Standard Bank

Banking with sharks at Standard Bank

When a client had R30,000 skimmed off his account, Standard Bank claimed he’d taken it himself – despite his proving that two transactions had taken place 100km apart at precisely the same time.

“Welcome to Standard Bank’s Security and Safety Centre. Your security and the privacy of your personal information are our priority. Our most important asset is your trust…”

Going, going, gone ... for a song

Going, going, gone ... for a song

A R10-million corruption and fraud case looms against Park Village Auctions, a leading Joburg auction house which boasts the slogan: ‘Trusted by banks, respected by buyers’. By Helen Grange 

Senior Nedbank officials were alerted as far back as September 2011 to the questionable dealings of Hendrik Broodryk, yet it was more than a year later in October tha he was suspended and resigned.

Down the pan

Down the pan

A Cape Town businessman, Fritz Schmidt, invented an improved public toilet – only to have the manufacturers steal the idea and pass it off as their own. Schmidt is appalled at the way he has been treated by a company he has paid more than R20m over the past decade.

Driven down the road to ruin by BMW

Driven down the road to ruin by BMW

Securing a BMW dealership in Nelspruit was a dream come true for the Walkers, who soon took sales from six to 100 a month. But as times got tough, BMW imposed rules that dealers felt short-changed them and, when the couple decided to sell up,  the parent company became vindictive. Do other dealers realise that their investment may be in jeopardy when they want to sell up - all because BMW may not approve a buyer, or may decide the business has been over-valued, or have no goodwill?

The cost of predatory health cartels

The cost of predatory health cartels

The introduction of National Health Insurance (NHI) has sparked robust debate about the spiralling cost of private health care. Among all the finger-pointing, some of the biggest culprits have so far escaped censure.

Profit and greed and the quest to satisfy shareholders are major causes of medical inflation in South Africa.

The costs of private health care are horrific, the sector is rife with “destructive, unsustainable practices” and  “uncontrolled commercialism”. That is the warning issued by  Minister of Health Dr Aaron Motsoaledi as the Department of Health bravely tries to provide rudimentary health services for a population of 42 million on a budget of R42 billion.

Moutonshoek: Environmental spanner in the drilling works

Moutonshoek: Environmental spanner in the drilling works

For seven years, in defiance of public opinion, expert advice and even the law, a tenacious band of BEE speculators has steadfastly refused to abandon its dream of transforming the fruitful and peaceful farming district of Moutonshoek on the West Coast into a dirty great hole in the ground. But they’ve just been given a wake-up call.

UPDATES: Well, I suppose that's all right then

UPDATES: Well, I suppose that's all right then

Judges Eberhard Bertelsmann and Neil Tuchten of the High Court, Pretoria, in February struck light-fingered lawyer Naas Le Roux from the Roll of Attorneys. The judges were clearly unimpressed with the lack of action by the Law Society of the Northern Provinces and demanded that its director, Thinus Grobler, anser some probing questions.

UPDATES: Pfizer shafted by limp lawyers

UPDATES: Pfizer shafted by limp lawyers

Lawyers for Pfizer, Canada, have made a monumental  cock-up and as a result have lost their Viagra patent. The Canadian Supreme Court recently ruled the patent void due to insufficient disclosure in the patent specification.

UPDATES: FirstRand tries to wrestle racist bonds genie back into bottle

UPDATES: FirstRand tries to wrestle racist bonds genie back into bottle

Noseweek first reported the discovery of evidence indicating that FirstRand discriminated between bond clients on the basis of race, in March.

UPDATES: The Bobroff saga – a Facebook cheat called Maria

UPDATES: The Bobroff saga – a Facebook cheat called Maria

In the social media, for a good while things cooked on the Bobroff front. Particularly notable were the efforts on FaceBook, of a certain “Maria” to discredit the whistleblower who had brought the alleged misdeeds of the Bobroff law firm to the attention of the authorities – and to attack Discovery Health. But “Maria” quickly withdrew from the battle.

Tom Eaton on Lies, damned lies, and sportswriters

Tom Eaton on Lies, damned lies, and sportswriters

In the end, they made me an offer I couldn’t refuse

I hadn’t wanted to write this. I’m not a columnist any more. You can picture the scene. The hardworking, God-fearing, law-abiding townsfolk of Noseweek, coming to me in the saloon where I sat slumped between a cheap showgirl and cheaper pianola, offering me their meagre savings; the little boys peeking out from behind Dad’s coat to look at my shaking hands and wonder if they were the same hands that used to pick off columns at a hundred yards without breaking a sweat.

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Have you had a good laugh in the last few days? Do you dream of one day being the editor of a seriously good multi-media magazine?

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Meet the new Deputy Public Protector

Meet the new Deputy Public Protector

Some say he’s an apologist for the ANC – others contend he’s a clever choice. Opinion is sharply divided on the appointment of Kevin Sifiso Malunga as Madonsela's second-in-command. He enjoys a good argument - ...
 
Banking with sharks at Standard Bank

Banking with sharks at Standard Bank

When a client had R30,000 skimmed off his account, Standard Bank claimed he’d taken it himself – despite his proving that two transactions had taken place 100km apart at precisely the same time. “Welcome ...

Going, going, gone ... for a song

Going, going, gone ... for a song

A R10-million corruption and fraud case looms against Park Village Auctions, a leading Joburg auction house which boasts the slogan: ‘Trusted by banks, respected by buyers’. By Helen Grange  Senior Nedbank officials were alerted ...

Down the pan

Down the pan

A Cape Town businessman, Fritz Schmidt, invented an improved public toilet – only to have the manufacturers steal the idea and pass it off as their own. Schmidt is appalled at the way ...

Driven down the road to ruin by BMW

Driven down the road to ruin by BMW

Securing a BMW dealership in Nelspruit was a dream come true for the Walkers, who soon took sales from six to 100 a month. But as times got tough, BMW imposed rules that ...

The cost of predatory health cartels

The cost of predatory health cartels

The introduction of National Health Insurance (NHI) has sparked robust debate about the spiralling cost of private health care. Among all the finger-pointing, some of the biggest culprits have so far escaped ...

Moutonshoek: Environmental spanner in the drilling works

Moutonshoek: Environmental spanner in the drilling works

For seven years, in defiance of public opinion, expert advice and even the law, a tenacious band of BEE speculators has steadfastly refused to abandon its dream of transforming the fruitful and peaceful ...

UPDATES: Well, I suppose that's all right then

UPDATES: Well, I suppose that's all right then

Judges Eberhard Bertelsmann and Neil Tuchten of the High Court, Pretoria, in February struck light-fingered lawyer Naas Le Roux from the Roll of Attorneys. The judges were clearly unimpressed with the lack of action by ...

UPDATES: Pfizer shafted by limp lawyers

UPDATES: Pfizer shafted by limp lawyers

Lawyers for Pfizer, Canada, have made a monumental  cock-up and as a result have lost their Viagra patent. The Canadian Supreme Court recently ruled the patent void due to insufficient disclosure in the ...

UPDATES: FirstRand tries to wrestle racist bonds genie back into bottle

UPDATES: FirstRand tries to wrestle racist bonds genie back into bottle

Noseweek first reported the discovery of evidence indicating that FirstRand discriminated between bond clients on the basis of race, in March. ...

UPDATES: The Bobroff saga – a Facebook cheat called Maria

UPDATES: The Bobroff saga – a Facebook cheat called Maria

In the social media, for a good while things cooked on the Bobroff front. Particularly notable were the efforts on FaceBook, of a certain “Maria” to discredit the whistleblower who had brought the ...

Books: The way we were

Books: The way we were

Hermann Giliomee’s significant new book is a brisk regmaker. The year 2013 being pregnant with alarming imponderables, Giliomee’s clear historical perspective provides a welcome respite from the current debased and rancorous political ...

Tom Eaton on Lies, damned lies, and sportswriters

Tom Eaton on Lies, damned lies, and sportswriters

In the end, they made me an offer I couldn’t refuse I hadn’t wanted to write this. I’m not a columnist any more. You can picture the scene. The hardworking, God-fearing, law-abiding townsfolk of ...