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WEB3 days ago · Catch the recording of our recent discussion with Richard Haller from Sable discussing Mauritius’ residency-by-investment program. September 4th, 2024. Follow daily business, financial & investment updates online. Sign up for our Premium news subscriptions. Home of the Rational Perspective.
Explosive growth for Capitec, with more to come as it shakes up ...
WEBApr 14, 2021 · Explosive growth for Capitec, with more to come as it shakes up business banking – CEO Gerrie Fourie. 14th April 2021 by Editor BizNews. After an early knock by Covid-19 containment measures, JSE-listed Capitec reported a dramatic improvement in headline earnings to just under R4bn for the second six months to the end of February.
AfriForum expose EFF's financial shenanigans - BizNews
WEBNov 10, 2023 · AfriForum’s ‘expose’: Standard Bank apologises to EFF, says transaction genuine. In a startling turn of events, Standard Bank said AfriForum’s attack on a R316 000 payment by the Economic Freedom Fighters (EFF) was misguided. It apologised to the EFF and said the proof of payment was not ‘doctored’ as claimed by AfriForum’s legal ...
Zimbabwe's latest shot at a stable currency: The gold-backed ZiG
WEBAug 12, 2024 · All about Zimbabwe’s latest shot at a stable currency: The gold-backed ZiG. Zimbabwe’s introduction of the ZiG, a gold-backed currency, aims to stabilize its economy after years of hyperinflation. Launched in April, the ZiG replaces the Zimbabwean dollar, which depreciated rapidly since its 2019 revival. Backed by $100 million in cash and ...
Bad news for Gayton's plans to end DStv sports monopoly
WEBAug 6, 2024 · Bad news for Minister Gayton’s plans to end DStv sports broadcasting monopoly. 6th August 2024 by Editor BizNews. In response to South African Sports Minister Gayton McKenzie’s demands for increased live sports coverage on free-to-air TV, veteran broadcaster Thinus Ferreira argues that the real issue lies in the SABC’s financial crisis ...
Whatever happens on the markets, do not panic - BizNews.com
WEBApr 19, 2021 · If we have learnt anything in the last year relating to markets and corrections, it is that panic is the most dangerous reaction to any type of market correction. Consider the S&P 500. A year ago, we saw a drop of about 12% in one day in dollar terms, followed by a further correction that amounted to close to a 30% loss.
BHI PONZI: Allan Gray cuts ties with Global & Local - BizNews
WEBDec 4, 2023 · By Chris Steyn. Africa’s largest privately owned investment management company, Allan Gray, has cut ties with Global & Local. That has been confirmed to BizNews in an email stating: “Considering the ongoing uncertainty around the investigation into BHI Trust, we took the decision to terminate our contract with …
On-demand service delivery: Checkers Sixty60 vs Pick n Pay
WEBAug 4, 2021 · The usual delivery fee is R35. Pick n Pay asap! is available in 120 stores across South Africa, with new stores added every month. The service promises same-day delivery in as little as 60 minutes of over 10,000 products at in-store prices. MyBroadband tested the new Pick n Pay asap! app and compared it to …
Jannie Mouton: 20 lessons from building PSG, my R44bn business
WEBMay 17, 2015 · To celebrate his group’s second decade, Mouton shared the 20 key lessons he has learnt with an audience of 700 at PSG Konsult’s annual conference last week. Here are my notes. – Alec Hogg. By Jannie Mouton*. 1. Never give up –. On 5 August 1995 the partners kicked me out of my stockbroking firm. Looking back, it was the best thing that ...
Capitec beats Covid-19 woes as growth story continues
WEBApr 13, 2021 · Against the backdrop of the impact of Covid-19 on the South African economy, Capitec Bank declared an increase in headline earnings of 18% to R3.9bn during the last six months of its annual period up to end February 2021, however, as a result of the first six months of Covid impact on operations, its …