In the league of weak-sauce apologies, the one from cryptocurrency exchange boss Sam Bankman-Fried stands head and shoulders above the rest.

EOH Holdings will pay R177-million as final settlement related to a corrupt legacy contract it entered into with the department of water & sanitation.

EOH has announced details of its plan to go to shareholders for cash to resolve its legacy debt issues, sending its share price sliding to a multi-year low.

Crypto exchange FTX is to start US bankruptcy proceedings and CEO Sam Bankman-Fried is to step down after a week of high drama.

Cinema group Ster-Kinekor has exited business rescue after nearly two years, its administrator said on Friday.

Safaricom, Kenya’s biggest telecommunications operator, has reported a 10% drop in its first-half net income.

Sam Bankman-Fried is being investigated by the US Securities and Exchange Commission for potential violations of securities rules.

AMD launched its latest data centre chip and said Microsoft, Google and Oracle would be some of its customers.

Twitter’s new owner, Elon Musk, has raised the possibility of the social media platform going bankrupt.

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