On Thursday morning, the Financial Times reported that the FBI had “opened an investigation into US links to South Africa’s Gupta family”. The FT noted that the “US probe has focused, in part, on Ashish
Author: Patrick Cairns
The sharing economy has very quickly gained wide acceptance. Using apps like Uber and Airbnb is now mainstream. “Young people today are demanding access to goods over ownership of goods,” says Daniel Breier
The sharp rise in the price of bitcoin and some other cryptocurrencies since the start of 2017 has created enormous interest in this market. Many people see it is a chance to make money, and they don’t want to miss out. However
Last week, the Financial Services Board granted the fourth new stock exchange licence issued in the past two years. The licence was awarded to Equity Express Securities Exchange, and follows those given to ZAR X
Naspers is an extraordinary company. In September 1994, it listed on the JSE at R19/share. Last month, it traded at…
South Africa has a leadership problem. Our president and many members of his cabinet are so deeply compromised, that they are simply unable to be effective. This problem has been allowed to fester because nobody
Earlier this month, Caxton raised questions about Naspers’s complex control structure. At a Competition Tribunal hearing it contended that an inquiry was needed to determine who directs the company’s strategy. The tribunal ultimately rejected
When ZAR X settled its first trade in February this year, it was the first stock exchange transaction in South Africa to take place outside of the JSE in more than a century. With the Financial Services Board’s appeals board having dismissed
If you have heard of bitcoin and ethereum, you are also likely to be aware that these cryptocurrencies have been reaching record highs. Since the start of the year, the value of a single bitcoin has risen from US$968 to a peak of over
The Financial Services Board on Wednesday granted a new exchange licence with an infrastructure to clear to A2X Markets. This is the third new stock exchange licence granted by the regulator in just over