RBS fined £14m over poor mortgage advice

Where do we draw the line when it comes to consumer protection? If something sounds too good to be true, that is generally the case. An offer to drive a new car for R699 has to be questioned, if a bank offers an existing indebted client more cash, whose fault is it if they cannot … Read more

Aurora Mining

Aurora managers ordered to repay over R15-million

In the context of this story, there is irony in the fact that an aurora (from the Latin word for sunrise) is a ‘natural light in the sky’. While the judgement reported here by SAPA will clearly not brighten the horizons of investors, management and advisors associated with the ill-fated Aurora Empowerment Systems, it does … Read more