Browsing: Rand Merchant Bank

Bitcoin tops R100 000 for the first time

Bitcoin is changing hands at over R100 000 on some trading platforms as of Wednesday morning. The price touched a new all-time high of R103 999 on local platform Luno and was last quoted at R100 001. Local

Eskom may seek another huge tariff hike

South Africa’s state-owned power utility may ask the nation’s energy regulator for permission to raise prices more than allowed so it can recoup more than R40bn of non-budgeted expenses incurred over two years, an analyst at Rand Merchant Bank said.

Blockchain tech could halve banking revenue

Blockchain technology could swallow as much as 40% of global banking revenue by overtaking the verification of payment transactions, according to Farzam Ehsani, leader of Rand Merchant Bank’s blockchain initiative, who believes that in the future we

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