Why FirstRand splurged on a Dubai-based fintech company
FirstRand has acquired a 20% stake in Optasia, a Dubai-based fintech company working with MTN, Vodacom and Standard Bank in South Africa, ahead of its upcoming JSE listing.
News
News
South Africa on the verge of exiting FAFT grey list – Here’s what it means
The FAFT grey list verdict is expected on Friday, with experts saying South Africa has fulfilled all required reforms and could finally be removed from the list after nearly two years under global financial scrutiny.
News
Will South Africa be removed from the FAFT grey list? – Here’s what we know for sure
Anticipation is building as South Africa awaits the outcome of this week’s FAFT Plenary, which could determine whether the country will finally be removed from the grey list after two years under increased monitoring.
News
Shoprite exits Africa’s market with plans to expand in SA
Shoprite, South Africa’s biggest grocery retailer, is closing its stores in Ghana and Malawi as part of a long-term plan to focus on growth within South Africa.
Gaming
Electronic Arts goes private after $55bn acquisition
Video game giant Electronic Arts (EA) has been acquired in a $55 billion deal, marking the biggest all-cash private takeover in history.
Viral
Who is Phuthi Mahanyele-Dabengwa? – Get to know the woman behind the R240m Naspers stock frenzy
Phuthi Mahanyele-Dabengwa sold R240 million in Naspers shares to settle taxes and expenses.
Viral
American Eagle stock soars after Trump praises Sydney Sweeney
American Eagle stock climbed sharply after former U.S. President Donald Trump reacted positively to an ad campaign featuring actress Sydney Sweeney.
News
Why a psychopath wouldn’t hesitate to cause another global financial crisis – if there was something in it for them
These traits make them ruthless in pursuit of their own agendas and entirely focused on self-promotion and self-advancement.
News
Budget Speech postponement sets off ZAR tumble
The postponement of Finance Minister Enoch Godongwana’s Budget Speech due to cabinet disagreements sent the South African rand tumbling amid economic uncertainty.
Lifestyle
Bitcoin price headed for new all-time high after breaking $71,000 mark
The Bitcoin price is approaching new all-time highs as market trends suggest high optimism driven by the US election and recent spot ETF approval.
News
Sasfin records epic losses amid plans to delist from JSE
The company’s headline earnings took a dramatic plunge, reporting a loss of R58.68 million, a stark contrast to the profit of R112.68 million in 2023.
Lifestyle
Finbok strategies for profitable oil trading in volatile markets
The oil market is famously volatile, influenced by geopolitical tensions, economic indicators, and global demand-supply dynamics.
Lifestyle
Finxo Capital insights: The role of gold trading in diversifying your portfolio
In this article, we’ll explore the role of gold trading in diversification and the tools and resources you need to capitalise on this precious metal.
Lifestyle
When is the fourth Bitcoin halving event? – Here’s what you must know
Learn about the Bitcoin halving, its impact on BTC generation, and price movements.
Lifestyle
Valentine’s Day investments: How global elections impact your finances
Discover how global elections can influence your finances and investment strategies around Valentine’s Day.
Lifestyle
Bitcoin reaches $40 000 for the first time since April 2022 plunge
Bitcoin price soars to $40,000, marking a significant recovery since its 2022 drop, amid global market optimism and growing crypto adoption in Africa.