The constitutional court on Tuesday reserved judgment in the South African Reserve Bank’s application for leave to appeal a supreme court of appeal judgment in favour of billionaire technology entrepreneur Mark Shuttleworth
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The constitutional court will on Tuesday hear the South African Reserve Bank’s application for leave to appeal a supreme court of appeal judgment in favour of entrepreneur Mark Shuttleworth. Last year, the supreme court ordered that the Reserve Bank repay Shuttleworth
Mark Shuttleworth will give away the more than R250m the South African Reserve Bank must have him following a bruising battle at the supreme court of appeal in Bloemfontein. The Internet billionaire said in a blog post on Wednesday that he will commit all the funds returned to him
The supreme court of appeal is expected to hear an appeal by billionaire businessman Mark Shuttleworth against a R250m levy imposed by the South African Reserve Bank, the Sunday Independent reported. Shuttleworth would on Thursday argue against the decision by
South African technology firms and other companies can now transfer intellectual property (IP) offshore thanks to a relaxation of exchange control regulations in this regard. One of challenges that private companies in South Africa have faced is their inability to tap into international venture capital markets, with the main obstacle being
The South African Reserve Bank has introduced new security features on the Mandela bank notes, it said on Friday. “Enhancing features on banknotes is an ongoing process to maintain the highest level of quality and security,” Reserve Bank governor Gill Marcus said in a statement. “This is in line with international best practice
Billionaire entrepreneur Mark Shuttleworth’s bid to have South Africa’s exchange control system declared unconstitutional could have a devastating effect on the country, the South African Reserve Bank said on Tuesday. Jeremy Gauntlett SC, for the