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The Africrypt files, Part 2 — The Cajee brothers’ ‘escape’ plan

Daily Maverick

Daily Maverick’s investigation into Africrypt reveals Raees and Ameer Cajee executed a swift financial exit in South Africa. The cryptocurrency scam involved multiple passports and international travel post-exit. Despite red flags, no major legal consequences have followed. The scandal affected several hundred investors with estimated losses of over R200 million.
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Israel pushes deeper into Gaza as Netanyahu warns of losing allies over looming famine. Here’s what we know | CNN

CNN

Israel launched a ground offensive in Gaza named “Gideon’s Chariots” after heavy airstrikes. The operation aims to defeat Hamas and secure the release of hostages. Talks between Hamas and Israel have begun in Doha. Israel will allow a limited amount of food into Gaza under pressure from allies. The military will remain in captured areas.
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Phala Phala: Ramaphosa not part of 23 state witnesses set to testify during trial

EWN

President Cyril Ramaphosa is not among the 23 state witnesses in the trial of a burglary at his Phala Phala farm. The incident occurred on 9 February 2020, with $580,000 stolen from a sofa. Three individuals have been charged with burglary and theft. The President, who owns the farm, will not be involved in the trial, as confirmed by the NPA spokesperson in Limpopo.
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One of the World’s Most Famous National Parks Just Got a Brand-new Lodge With Bright-pink Glamping Tents

Travel + Leisure

Masiya’s Camp in Thornybush Nature Reserve offers a unique safari experience with bold interior design, spacious tents with private plunge pools, and flexible dining options. Owned by The Royal Portfolio, it opens on June 1 as the first tented camp in the collection, providing a quieter and more private stay within the Greater Kruger National Park.
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Economists make case for up to 200 basis points interest rates cut

Sunday World

Economists warn against government’s plan to lower inflation target, fearing higher consumer interest rates. Deputy Finance Minister David Masondo hints at upcoming statement on inflation framework. Current target range is 3% to 6%, prompting Reserve Bank to raise rates above 6%. Inflation dropped from 5.3% to 2.7% between March 2024 and 2025. Independent economist Mandla Maleka criticizes the decision.
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