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South Africa is facing an alarming rise in online gambling that is destroying lives and draining billions of rands from families and the economy.

Experts warn that unless lawmakers strengthen regulation, the scourge could spiral out of control.

A former gambling addict, whose habit eventually led to imprisonment, said he learnt the hard way.

ALSO READ | Mother and son kidnapped in social media scam

“It didn’t happen overnight; it was a gradual descent into hell. I was oblivious to the direction I was taking. It started with small bets and wins, then grew with the amounts I spent and the losses I incurred.

“We lie, we cheat, we steal, we connive, and eventually we hit rock bottom,” he told Gamblers…

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The Delhi High Court has asked the Centre to revisit its bid conditions that impose blanket ban on the companies having undergone corporate insolvency resolution process in the last seven years from participating in the government tenders.

It said that while the courts cannot introduce or delete any tender condition, the government as also the tender issuing authority must examine the issue.

“…while formulating the tender conditions, the tendering authority should not…

Quebec’s Northvolt project is officially dead — and the government says it is cutting its losses.

Christine Fréchette, Quebec’s economy minister, announced Tuesday that the province will invest no further money in Northvolt Batteries North America.

“The company’s failure to present a satisfactory plan with regard to Quebec’s interests has led us to assert our rights in order to recover as much of our investment as possible,” Fréchette’s said in a statement. “This venture proved unsuccessful, and we are obviously disappointed.”

The announcement spells the end to Northvolt’s highly touted, but controversial, plan to build a $7-billion plant in Saint-Basile-le-Grand and McMasterville in the Montérégie region. The Quebec…

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