Tag: trust fund

In the case of Fourie v van der Spy and de Jongh Inc, a firm of attorneys involved in a property transaction paid R1,744,599.45 into the bank account of a hacker in response to emailed instructions.

With 2018 having been a particularly dismal year for local equities – the worst, in fact, since the 2008 financial crisis – South African investors are increasingly opting to build and manage their own direct equity portfolios in an attempt to take back control, cut out the middle man, and ultimately save money on fees.