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Crypto exchanges are set to rake in twice as much money as last year even though bitcoin is down 51%

Business Insider South Africa - 11 hours ago
Only global cash equities businesses on Wall Street beat crypto trading revenues. San Francisco-based Coinbase is enjoying 50% of these revenues, Bernstein found. Exchanges may get a further boost if they're able to lure larger investors to their ...and...

#WomensMonth: Investing in a personal brand can bridge the gender pay gap

Independent Online - 13 hours ago
CAPE TOWN - Born in South Africa, Managing Director of Elite Risk Acceptances, Christelle Colman believes that investing in a strong personal brand can be utilised by women as a means to potentially bridge the gap created by institutionalised gender...

Chivayo, Kadungure in trouble

Bulawayo24 News (press release) (blog) - 15 hours ago
The State is alleging that sometime in November 2012, Chivayo connived with Kadungure to create a fictitious company named Transco Civil Engineering, purportedly based in neighbouring South Africa. It is being alleged that they proceeded to open an ...and...

Indian origin man in South Africa arrested for killing cousin over argument on remote control

Business Standard - 18 hours ago
A South African Indian-origin man has been charged with murder for allegedly shooting dead his cousin during a heated argument over a TV remote control, police said. The unemployed 47-year-old man from Pietermaritzburg in the KwaZulu-Natal province ...and...

More Pain Seen as Economists Cut Key South African Forecasts

BloombergQuint - 19 hours ago
“To fix the economy, we need strong political and business leadership,” as well as clarity on policy, land reform, and the restructure of the state, among other things, Peter Worthington, an economist at Absa Group Ltd. in Johannesburg, said by phone.and...

Labor protests risk investments in South Africa

Yeni Şafak English - 20 hours ago
“Investors both foreign and local want a stable environment to do business,” Duvenhage said. The professor noted that there has been an increase of violent protests calling for improved service delivery in parts of the country compared to 10 years ago ...and...

Labor protests risk investments in South Africa: experts

Anadolu Agency - 20 hours ago
The company says it wants to reduce its activity in South Africa, lower its costs after years of losses and failed turn around. The firm's decision to shed jobs has created tough reaction from government with the Mineral Resources Minister Gwede ...and...

Why Old Mutual's 'homecoming' is a key litmus test for SA

Fin24 - 20 hours ago
In June this year, Old Mutual Limited celebrated what it called its 'homecoming'. The company, which is the emerging markets business of the former Old Mutual Plc, relocated both its headquarters and its primary listing back to South Africa. This ...and...

Entering a different digital world with Tumelo Ramaphosa

Citizen - 23 hours ago
President Cyril Ramaphosa's youngest son Tumelo is aiming to climb the ranks of Blockchain in Africa and the world with his company StudEx Wildlife. ... “In many ways, StudEx is trying to create and decentralise this monopoly that happens in South...

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South Africa: Estina Trial Adjourned, Magistrate Set to Decide On Lengthy Postponement

AllAfrica.com - 12 hours ago
They were arrested on charged with fraud, theft, conspiracy to commit fraud and theft, contravening the Public Finance Management Act, contravening the Companies Act and contravening sections of the Prevention of Organised Crime Act in connection...

Are Turkey's financial tremors spreading across the globe?

Aljazeera.com - 14 hours ago
Although apartheid ended almost 25 years ago, South Africa remains one of the most unequal countries in the world. That has made matters like land rights a burning issue. South Africa's President Cyril Ramaphosa is staking his reputation on trying to ...and...

Here's what happens to your Bitcoin when you get divorced or die in South Africa

BusinessTech - 19 hours ago
As is the case with other financial accounts, Haynes warns, it is important to formally request documentation concerning crypto assets. “Additionally, it is important to review the financial statements provided to ascertain whether there are any...

State capture inquiry: who will be testifying and why

News24 - 1 day ago
He was the man who blew the lid off the alleged Guptas' brazen attempts to capture the South African state. The former deputy minister of finance shocked the country in early 2016 when he claimed the Guptas offered him R600 million in cash to...

Many South Africans could have their debt written off – but is it really that easy?

BusinessTech - 1 day ago
Despite the loss of another 105,000 jobs in the second quarter of 2018, and the fact that Reserve Bank governor Lesetja Kganyago admitted that the current economic growth trajectory remained too low to tackle South Africa's unemployment crisis, the...

Leftists rattle rand with plan to nationalize South Africa's central bank

Yahoo News Canada (blog) - 2 days ago
JOHANNESBURG/CAPE TOWN (Reuters) - Opposition firebrand Julius Malema introduced a bill to nationalize South Africa's central bank, putting pressure on the ruling ANC to go through with a plan it shelved this year and rattling markets wary of threats ...and...

Women could soon hold both top jobs at Royal Bank of Scotland

Financial Times - 2 days ago
Ms Murray, a former executive at Old Mutual in South Africa, is stepping up from deputy chief financial officer to temporarily replace her current boss Ewen Stevenson, who is leaving to become CFO at HSBC. She will be the first female CFO of a major UK ...and...

Leftists rattle rand with plan to nationalise South Africa's central bank

Reuters Africa - 2 days ago
JOHANNESBURG/CAPE TOWN (Reuters) - Opposition firebrand Julius Malema introduced a bill to nationalise South Africa's central bank, raising pressure on the ruling ANC to go through with a plan it shelved this year and rattling markets wary of threats ...and...

EMERGING MARKETS-Emerging stocks set for worst week since Feb, Turkey tumbles

Reuters Africa - 2 days ago
Investors rattled by events in China, Turkey and South Africa have pulled $1.3 billion from emerging market stocks in the last week and $100 million from emerging bonds according to the Institute of International Finance, which tracks financial flows ...and...

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SunTrust Banks, Inc. to Post Q1 2019 Earnings of $1.39 Per Share, FIG Partners Forecasts (NYSE:STI)

Marea Informative (blog) - 2 hours ago
SunTrust Banks, Inc. (NYSE:STI) – Equities researchers at FIG Partners increased their Q1 2019 earnings estimates for SunTrust Banks in a research report issued on Monday, July 23rd, Zacks Investment Research reports. FIG Partners analyst C. Marinac ...and...

BNP Paribas Arbitrage SA Has $18 Million Position in Packaging Corp Of America (NYSE:PKG)

Baseball Daily Digest - 2 hours ago
BNP Paribas Arbitrage SA increased its stake in shares of Packaging Corp Of America (NYSE:PKG) by 41.3% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional ...and...

Reviewing Cr AGRICOLE SA/ADR (CRARY) and Banco Bilbao Vizcaya Argentaria (BBVA)

Fairfield Current - 15 hours ago
Crédit Agricole S.A. provides retail, corporate, insurance, and investment banking products and services worldwide. It operates through five segments: Asset Gathering; French Retail Banking – LCL; International Retail Banking; Specialised Financial ...and...

GRIFOLS SA/S (GRFS) Raised to “Hold” at Zacks Investment Research

Fairfield Current - 22 hours ago
Large investors have recently bought and sold shares of the business. Suntrust Banks Inc. purchased a new position in GRIFOLS S A/S in the 1st quarter valued at about $252,000. First Republic Investment Management Inc. boosted its position in...

Bank of Montreal Can Purchases 134871 Shares of AMBEV SA/S (NYSE:ABEV)

Fairfield Current - 23 hours ago
Bank of Montreal Can lifted its stake in AMBEV S A/S (NYSE:ABEV) by 10.9% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,369,032 shares of the ...and...

Vodacom's YeboYethu BEE scheme smashes it – six-bagger in ten years, with more to come

BizNews - 2 days ago
So other South African and international banks would have been involved as well? Just the South African banks. Vodacom approached a number of the local banks and ran a process. The banks that emerged were Absa, Nedbank and RMB who...

SA Reserve Bank says it won't implement policy which interferes with its mandate

Fin24 - 2 days ago
Any government policy interfering with the South African Reserve Bank's (SARB) constitutional mandate will not be implemented, Reserve Bank Governor Lesetja Kganyago assured members of Parliament. Kganyago on Wednesday briefed Parliament's ...and...

Nedbank: The quiet man of SA banking

Financial Mail - 3 days ago
If the regulator would allow it, many are arguing for three and not four big banks in SA. And Nedbank, soon to be liberated from Old Mutual's control, could end up as prey. Within the managed separation process at Old Mutual, Nedbank has been below...

Notable Stocks on the Run: Banco Santander, SA, (NYSE: SAN)

Top Stocks News (press release) - 4 days ago
Banco Santander, S.A., belongs to Financial sector and Foreign Money Center Banks industry. The company's Market capitalization is $85.74B with the total Outstanding Shares of 0.21. On Tuesday, SAN stock construct a change of 0.4 in a total of its ...and...

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DIDG, Aveng in US$3m Fort Concrete deal

sundaymail.co.zw - 6 hours ago
THE Diaspora Infrastructure Development Group (DIDG) has signed a term sheet with the Johannesburg Stock Exchange (JSE)-listed Aveng Infraset, which will see the companies injecting in excess of US$3 million into the resuscitation of Gweru-based firm, ...and...

Jamaica Stock Exchange explores cryptocurrencies

Loop News Jamaica - 1 day ago
Blockstation provides the entire trading ecosystem with a complete end-to-end solution— for investor deposits, compliant trading, custody, clearing and settlement, customized for the traditional exchange adopting digital asset trading. A leading...

Crypto Trading To Join Jamaica Stock Exchange (JSE)

Crypto Block Wire, LLC - 2 days ago
Jamaica, through its Stock Exchange, has decided to start trading cryptocurrencies and tokens. The exchange has selected a fintech company from Canada called, Blockstation, to help facilitate the trading of cryptocurrencies on the Jamaica Stock ...and...

Crypto news in brief (August 16, 2018): Coinbase, Jamaica Stock Exchange, Square, bitcoin ETF, blockchain bond ...

Crypto Reporter (blog) - 2 days ago
The Jamaica Stock Exchange (JSE) has selected Toronto-based fintech company Blockstation to enable investors to trade cryptocurrencies. Thus, JSE may become one of the first international stock exchanges to deploy an online digital currency and token ...and...

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