BizNews Radio

* Investors in South African assets need a lot more convincing that the government crackdown on corruption will prove effective.

* Lebanon has acted against a Turkish company that operates floating electricity plants and is linked to a South African state energy programme that has been put on hold in connection with corruption allegations.

* The average salary at Eskom is R737,000 – but workers want 15% more, reports MyBroadband.co.za.

* The Financial Sector Conduct Authority has withdrawn a cautionary notice warning that cryptocurrency business Ovex is not authorised to operate.

* The Dogecoin frenzy is reaching fever pitch as Elon Musk prepares to host Saturday Night Live with speculation he’s poised to talk up his beloved token. Coinbase Global, the largest U.S. digital-asset exchange, plunged to a record low this week partly because it doesn’t offer enough speculative coins like Dogecoin.

* South Africa is on track to receive enough Covid-19 vaccines to cover about two-thirds of the population by the end of the year, says President Cyril Ramaphosa

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CEO of Sibanye-Stillwater Neal Froneman - joined BizNews Power Hour, sharing his thoughts on the robust fundamentals driving the precious-group metals ("PGMs") prices and the outlook for the commodity counter. Froneman's interests are aligned with shareholders given his substantial shareholding in the business.

CEO of Sibanye-Stillwater Neal Froneman - joined BizNews Power Hour, sharing his thoughts on the robust fundamentals driving the precious-group metals ("PGMs") prices and the outlook for the commodity counter. Froneman's interests are aligned with shareholders given his substantial shareholding in the business.

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South Africa's financial markets watchdog, the Financial Services Conduct Authority ("FSCA") has made a rather embarrassing account for themselves in the last 24 hours. Yesterday morning, a statement was issued that cryptocurrency trading platform OVEX was improperly conducting business without necessary authorisation. Within a matter of hours, the statement was retracted. CEO of OVEX, Jon Ovadia, was part of last night's BizNews Power Hour to clear the air. Just as businesses and individuals get fined by the market watchdog for improper conduct, such as insider trading or collusion, the FSCA should be fined in this case. Its caused unnecessary legacy issues for OVEX and makes investors skittish

South Africa's financial markets watchdog, the Financial Services Conduct Authority ("FSCA") has made a rather embarrassing account for themselves in the last 24 hours. Yesterday morning, a statement was issued that cryptocurrency trading platform OVEX was improperly conducting business without necessary authorisation. Within a matter of hours, the statement was retracted. CEO of OVEX, Jon Ovadia, was part of last night's BizNews Power Hour to clear the air. Just as businesses and individuals get fined by the market watchdog for improper conduct, such as insider trading or collusion, the FSCA should be fined in this case. Its caused unnecessary legacy issues for OVEX and makes investors skittish

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In hierdie potgooi gesels ons met Drikus Combrink van Capicraft. Drikus het n baie interessant groot-prentjie benadering tot beleggings, en ons gesels oor inflasie, die ekonomie, die geskiedenis, die politiek, en hoe hy sy kliënte se portefeuljes posisioneer gegewe al die faktore.

In hierdie potgooi gesels ons met Drikus Combrink van Capicraft. Drikus het n baie interessant groot-prentjie benadering tot beleggings, en ons gesels oor inflasie, die ekonomie, die geskiedenis, die politiek, en hoe hy sy kliënte se portefeuljes posisioneer gegewe al die faktore.

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Global analysts expect massive growth in the vehicle tracking industry in the next five years, with a major market report noting that investors haven’t yet cottoned on to the huge growth in this sector - partly because they don’t understand it. This week, excitement among Wall Street analysts was palpable at a presentation by Karooooo CEO and founder Zak Calisto, his first after the company listed on the Nasdaq last month. Smarteranalyst.com reports that Karooooo is tipped as a 'strong buy' among top analysts in the United States. Karooooo, which owns Cartrack, is a South African business success story, adding about 60% new subscribers in the fourth quarter to February 28 2021. In this interview with Jackie Cameron of BizNews, Calisto shares why the company is confident it is going to continue to scale up and grab market share across the globe. South African tech entrepreneur Calisto was speaking to Cameron from his headquarters in Singapore. Karooooo has a secondary listing on the Johannesburg stock exchange.

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Global analysts expect massive growth in the vehicle tracking industry in the next five years, with a major market report noting that investors haven’t yet cottoned on to the huge growth in this sector - partly because they don’t understand it. This week, excitement among Wall Street analysts was palpable at a presentation by Karooooo CEO and founder Zak Calisto, his first after the company listed on the Nasdaq last month. Smarteranalyst.com reports that Karooooo is tipped as a 'strong buy' among top analysts in the United States. Karooooo, which owns Cartrack, is a South African business success story, adding about 60% new subscribers in the fourth quarter to February 28 2021. In this interview with Jackie Cameron of BizNews, Calisto shares why the company is confident it is going to continue to scale up and grab market share across the globe. South African tech entrepreneur Calisto was speaking to Cameron from his headquarters in Singapore. Karooooo has a secondary listing on the Johannesburg stock exchange.

In this episode of the BizNews Power Hour, Alec Hogg is joined by Jean-Pierre Verster as co-host, Theus Du Buisson, Solidarity Research Institute: Economics Researcher on the relationship between SA and Cuba. Jon Ovadia, CEO of OVEX on the FSCA announcing that the group is not regulated to give financial advice, Neal Froneman, CEO of Sibanye Stillwater on the bumper quarter 1 update and Kevin Wakeford, whistleblower at the Zondo commission.

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