Author Prinesha Naidoo

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Mars One’s plan to profit from the Red Planet

Mars One, a private company, has devised an ambitious plan to establish a human settlement on Mars and generate attractive returns for investors backing the mission. “It will be one of the most exciting things ever. Five hundred

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Inside Michael Jordaan’s new digital bank venture

Bank Zero appears set to accelerate the evolution of the South African banking industry by offering a fresh take on banking and highly competitive fees. The bank – the brainchild of tech entrepreneurs and banking innovators Michael

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Digital banking fast gaining traction in SA

Investments made by banks to beef up their digital capabilities and offer clients cost-effective services appear to be paying off. Detailed figures disclosed in the financial results of four of the five largest banks in

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South Africans trading big volumes in bitcoin

Bitcoin continues to smash records, hitting a series of record highs in just one weekend. The cryptocurrency hit an all-time high of just over $4 225 on Sunday as the bull run played out across global bitcoin exchanges. In South Africa

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SA banks to set up national blockchain

South Africa’s largest and notoriously competitive financial services firms have come together to set up a national blockchain. The South African Financial Blockchain Consortium, comprising 22 industry heavyweights, the South

In-depth

Is bitcoin a legitimate asset class?

Eye-watering returns, surging prices and market capitalisations to rival some of the world’s largest companies make cryptocurrencies hard to ignore. Bitcoin, the original and arguably most well known cryptocurrency

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Capitec aims for digital-only bank overseas

Capitec Bank hopes that its acquisition of Creamfinance, a European online lending firm, will eventually lead the establishment of a digital-only bank overseas. “We’re building a digital bank on this side and they’re

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