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Hackers demanded R5.7 million after bringing important South African bank to...

9th March 2026 0

Daily Maverick News

Watch – Inside Cape Town’s data hub deal 24th August 2026
COMPANIES: Cell C and MTN financials tell different sides of telecoms evolution story 24th August 2026
CEO Jorge Mendes was all smiles on Cell C’s maiden annual results call as a standalone company listed on the JSE, but the press statement may have been a little too optimistic.
GLOBAL DRUG TRAFFICKING: Mexican cartel concerns around SA ‘tik farms’ may connect to Ecuador’s cocaine gangs 24th August 2026
Police recently cracked down on another suspected crystal methamphetamine factory on a Limpopo farm and arrested individuals from countries including Mexico, adding to concerns about Mexican cartel activity in South Africa. The US, meanwhile, says those cartels have converged with counterparts in Ecuador.
WHERE TO INVEST: Can CA&S diversify away from Botswana before the market loses patience? 24th August 2026
CA Sales Holdings has a vast distribution footprint, but one source of concentration risk has spooked the market: Botswana. There the destruction of the diamond mining industry has filtered through the economy, both in terms of consumer spending and the depreciation of the Botswana pula. Diversification may be the group’s only option.
MADLANGA COMMISSION: Questions mount over Matlala’s reluctance to discuss relationship with Sibiya 24th August 2026
Serious questions are emerging from Vusimuzi ‘Cat’ Matlala’s evidence about his relationship with suspended deputy police chief Shadrack Sibiya, which he was reluctant to discuss.
ANALYSIS: Joburg stands in the way of reform’s (almost) unstoppable momentum 24th August 2026
Reforms under President Cyril Ramaphosa appear increasingly entrenched, with business confidence growing and Operation Vulindlela maintaining momentum. But local government and the rule of law could prove the limits of how far the reform drive can go.
REBUILDING STRONGER: When the rivers came for Kruger, the waters took everything 24th August 2026
At Letaba, a wall of brown water turned an orderly camp into an evacuation zone. At Pafuri, the river tore the ground away. Four camp leaders remember the cold, the roar – and the tourists who would not leave.
ALMOST INTELLIGENT: The AI-human collision — balancing automation and accountability in the new workplace 24th August 2026
Tech is transforming human resources processes as well as practitioners’ work scope and risks.

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Hackers demanded R5.7 million after bringing important South African bank to...

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