FSCA with egg on its face as OVEX gets the green light

FSCA with egg on its face as OVEX gets the green light

South Africa’s financial markets watchdog, the Financial Services Conduct Authority (“FSCA“) has made a rather embarrassing account of themselves in the last 24 hours. Yesterday morning, a statement was issued that cryptocurrency trading platform OVEX was improperly conducting business without neces

  Justin Rowe-Roberts
Rand strengthens after Ace suspension, but SA investors still cautious

Rand strengthens after Ace suspension, but SA investors still cautious

According to Bloomberg, investors in SA assets need a lot more convincing that the government crackdown on corruption will prove effective.The ANC has begun cracking down on leaders implicated in corruption, starting with the recent suspension of Ace Magashule – but is it too little too late? The ra

  Claire Badenhorst
A Section 12J investment with market-beating performance

A Section 12J investment with market-beating performance

*This content is brought to you by Jaltech Fund ManagementTaxpayers who are interested in adding Section 12J investments to their portfolio before the end of June, are advised to consider how these investments have performed historically. A proper due diligence may reveal that the majority of Sectio

  Editor
SLR: The CIA has gone woke, or have they?

SLR: The CIA has gone woke, or have they?

A recent YouTube video by the CIA is what Simon Lincoln Reader refers to as a 'cheapening' of important messages and values.A recent YouTube video by the CIA, titled, ‘Humans of CIA’, features a female Latina officer talking about being ‘unapologetically herself’ in an environment previously dominat

  Claire Badenhorst
Magnus Heystek – ‘the commodity cycle is in full play’

Magnus Heystek – ‘the commodity cycle is in full play’

Magnus Heystek joined the BizNews Power Hour as co-host on Wednesday and, true to form, provided valuable insight on a range of topics - particularly the commodity super-cycle and Counterpoint Value Fund.Magnus Heystek of Brenthurst Wealth Management has been a household name since the 1980s when, a

  Nadya Swart
Eskom’s Sikonathi Mantshantsha on righting the wrongs

Eskom’s Sikonathi Mantshantsha on righting the wrongs

Eskom's Sikonathi Mantshantsha took centre stage in last night's BPH, pulling no punches as the embroiled parastatal starts ticking.Eskom spokersperson Sikonathi Mantshantsha took centre stage in last night’s BizNews Power Hour, with the ex-journalist pulling no punches as the embroiled parastatal s

  Justin Rowe-Roberts
The real meaning of ‘Woke’ and what it means today

The real meaning of ‘Woke’ and what it means today

In a recent interview with BizNews founder Alec Hogg, Helen Zille spoke openly about her book ‘#Stay woke: Go broke’ and the dangers of ‘wokeness’ and cancel culture in the South African context (see interviews below). “In South Africa – where the ratios are inverted [and] black people are the overw

  Claire Badenhorst
Carrie’s Corner: Stellenbosch Wine Route chairperson on 50th anniversary

Carrie’s Corner: Stellenbosch Wine Route chairperson on 50th anniversary

Joining Carrie Adams is Mike Ratcliffe of Vilafonte. He sits down to discuss the 50th anniversary of the Stellenbosch Wine Route.Carrie Adams chats to Mike Ratcliffe, a co-founder and Managing partner of Vilafonte Wines. However, in this podcast, our wine expert chats to him in his capacity as chair

  Jarryd Neves
Charles Savage on boxing for the retail traders vs Buffett and Munger

Charles Savage on boxing for the retail traders vs Buffett and Munger

Charles Savage joined the BizNews Power Hour for a lively discussion on the recent unpopularity of Warren Buffett and Charlie Munger among retail investors.Charles Savage, CEO of Purple Group – which owns EasyEquities – joined the BizNews Power Hour for a lively discussion on the recent unpopularity

  Nadya Swart
Ace facing the axe? ANC moves to suspend officials facing criminal charges

Ace facing the axe? ANC moves to suspend officials facing criminal charges

"Jessie Duarte, the ANC’s deputy secretary-general, is drafting letters to those whose membership is being revoked," says Bloomberg.The ANC’s deputy secretary-general, Jessie Duarte, has begun drafting letters to ANC members whose membership is being revoked, reports Bloomberg. This includes Bongani

  Jarryd Neves
Mailbox: The vaccine dilemma – more questions herd than answers

Mailbox: The vaccine dilemma – more questions herd than answers

While Covid-19 vaccines certainly appear to make a contribution, maybe the primary driver here is good old herd immunity – which costs nothing.By Dewald Lubbe wrote the below in response to Alec Hogg’s Daily Insider:AH: Even vaccine sceptics will have to be impressed with the Covid-19 numbers now co

  Editor
Equites Property Fund: Price vs Value

Equites Property Fund: Price vs Value

Equites, led by CEO Andrea Taverna-Turisan, produced a stellar set of financials with logistics focused fund vastly outperforming its peers.After a tumultuous few years for South African listed property, the sector has made a strong start to the new year with JSE REITs leading the world through 2021

  Justin Rowe-Roberts
Volkswagen T-Roc 1.4TSI 110 kW Design: Better than a Golf?

Volkswagen T-Roc 1.4TSI 110 kW Design: Better than a Golf?

BizNews Motoring gets to grips with the much anticipated Volkswagen T-Roc, a handsome crossover based on the accomplished (and outgoing) Golf 7.Since its introduction in 1974, the Volkswagen Golf has focused on delivering practicality, reliability and bank vault solidity to the masses. The original

  Jarryd Neves
Balancing your portfolio with alternative investments

Balancing your portfolio with alternative investments

*This content is brought to you by Overberg Asset ManagementBy Carel la Cock* Stock markets have had a tremendous run following the Covid-19 induced market crash in March last year. The S&P500 has grown more than 87% while the Nasdaq was up 105% since then, setting new records weekly. Other world in

  Editor
Former Eskom execs, contractors see R1.4bn in assets seized

Former Eskom execs, contractors see R1.4bn in assets seized

The National Prosecuting Authority’s Investigating Directorate has been awarded a restraint order by the North Gauteng High Court, against various former Eskom contractors and executives. The order, valued at R1.4bn, has been served against numerous figures involved in alleged corrupt activities, in

  Jarryd Neves