Business News

BEYOND Expo 2025: Former NBA star Meta World Peace talks basketball, business, and China at Global Investment Summit

Business Credit: BEYOND EXPOMeta World Peace, formerly known as Ron Artest, on Friday shared insights into his unique journey from NBA champion to entrepreneur during a panel at a Global Investment Summit. Known for his fierce defense and championship run with the Los Angeles Lakers, Meta revealed the story behind his memorable name change and reflected on his basketball career and life after sports.Meta explained that his name change originated from a personal journey of self-discovery. “I was going through a lot in my life and wanted to find myself,” he said. Inspired by Buddhism, he changed his name to Meta World Peace to reflect his new mindset. “It was a way for me to embrace peace, and I still proudly wore World Peace on the back of my jersey.” He recalled his NBA career highlights, including...
Continue reading
Former Transnet executives arrested
Breaking News

Former Transnet Executives Arrested Over Alleged R93 Million Locomotive Scam

JOHANNESBURG – Former Transnet Executives Arrested Over Alleged R93 Million Locomotive Scam Johannesburg, 30 June 2025— In a dramatic turn in South Africa’s ongoing battle against state capture and corruption, the National Prosecuting Authority’s (NPA) Investigating Directorate Against Corruption (IDAC), with support from the Hawks, has arrested two high-profile former Transnet executives. Brian Molefe and Siyabonga Gama handed themselves over to authorities on Monday morning and are now facing charges related to a suspicious R93 million locomotive tender. The pair appeared in the Palm Ridge Magistrate’s Court later that day, joining other high-ranking former officials also implicated in the scheme . 🎯 The Allegations The heart of the case centers on an allegedly inflated advisory tender for the procurement of 1,064 locomotives. Initially valued at around R38 billion in 2012, the contract ultimately ballooned to over R50 billion — a spike attributed by...
Continue reading