David Robert Lewis|Published
NATIONAL TREASURY’S draft capital flow regulations contain a definition of “crypto asset” so broad it would capture green energy certificates, governance tokens, and loyalty points. Here’s why that matters – and what needs to change.
There is a particular type of odious regulatory error that is hard to spot from the inside. It isn’t malicious. It isn’t even careless. It is the error of writing a rule about a technology when you meant to write a rule about a risk. South Africa’s National Treasury has, in the Draft Capital Flow Management Regulations 2026, made exactly this mistake – and the consequences, if left uncorrected, will…
Nelson Mandela: Nelson Mandela, an anti-apartheid revolutionary, was
imprisoned for 27 years and became South Africa’s first black president in 1994.
Cross Thread
Anyone who goes to bed with an itching anus should brace up for smelly fingers in the morning
Ember Master
Van, startled, spins around and answers the rep, \”It\’s my donkey\’s ears. When they walk under the highway their ears rub along the roof and hurt them. I\’m making it taller so that doesn\’t happen\”.
The rep looking confused, because it\’s a dirt track that runs under the bridge, asks him, \”Why don\’t you grade or dig some of the soil to lower the surface so they can pass through without their ears touching?\”
Van – no the one looking confused then angry answers, \”No man, it\’s their ears that are too long, not their legs!\”