Bitcoin smacked again; SA fund investors miss stock market gains; Germany pays Namibia for genocide

Posted on 05/30/2021

In today's headlines:
* The total assets invested in South African collective investment schemes (CIS) ended the first quarter of 2021 at a record R2.9tn, but most of this money went into fixed interest funds - which means investors lost out on stock market gains.
* Germany is paying Namibia for colonial era genocide;
* Bitcoin smacked again - this time by comments from Japan's central bank governor.
* More than 600 SA companies were liquidated in the first quarter.