BizNews share shootout – Piet Viljoen sides with Sasol and Rebosis 
BizNews | share

BizNews share shootout – Piet Viljoen sides with Sasol and Rebosis 

Counterpoint’s Piet Viljoen unpacks what the disastrous unemployment data means for South African-focused investments, with nearly half of the labour force without a job. Viljoen says the ruling party needs to implement urgent reforms in order for the South African economy to thrive. He also gives his two best stock picks for 2022: Sasol and…

HOURS | WATCH

MUST WATCH: 72 HOURS OF ANARCHY – a first-hand account of the civil unrest in July

The South African Human Rights Council’s probe into the infamous civil unrest of July 2021 has opened the floor to justice seekers and provides the opportunity for those who have been affected by the disorder and lawlessness to come forward with their accounts. In an explosive presentation at the BizNews Investment Conference in September, Jason…

Flash Briefing: PRASA CEO axed; Western Cape enters Covid-19 resurgence, Plett Rage to go ahead; e-tolls
Briefing | Flash

Flash Briefing: PRASA CEO axed; Western Cape enters Covid-19 resurgence, Plett Rage to go ahead; e-tolls

Yesterday, BizNews reported the Ballito Rage festival had been cancelled owing to a total of 36 positive Covid-19 cases. Organisers of the Plett Rage have said the festival will continue, despite the risk associated with this decision. According to officials for the event, the festival has passed the point of no return, with 900 people…

Magnus Heystek buys bitcoin and compliments BizNews share portfolio’s offshore focus 
Heystek | Magnus

Magnus Heystek buys bitcoin and compliments BizNews share portfolio’s offshore focus 

The hard-hitting Magnus Heystek compares the BizNews share portfolio’s performance to some of South Africa’s largest asset managers that have greatly underperformed offshore-focused funds over the past decade. Alec Hogg’s BizNews portfolio is focused on exponential companies that can grow at more than 20% per annum; the portfolio includes the likes of Apple, Amazon, Microsoft…

MAILBOX | PRASA

MAILBOX: PRASA paralised, Transnet in a trance, provides some hope

In a recent interview (listen here or watch below), the former editor of the Financial Mail, David Williams, took BizNews founder Alec Hogg through the dire state of the Passenger Rail Agency of South Africa (PRASA). Myriad issues plague the state-owned entity, ranging from corruption and mismanagement to poor organisation. As Williams described it, “This…

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A Letter to AscendEX Global Community on the Exchange’s 3rd Anniversary

Dear AscendEX users, community members, partners, and supporters: 2021 has been another year of accelerated growth for all of us at AscendEX. The year began with a major milestone – AscendEX’s native token ASD (previously BTMX) ranked as one of the “top 100” cryptocurrencies. This was a remarkable testament to our growth and the contributions…

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Coinbase Aiming to Offer Crypto Cloud Services Chasing $13.5B AWS Profits

North America’s largest cryptocurrency exchange, Coinbase, has grand plans beyond just facilitating the trading of digital assets. Following in the footsteps of e-commerce giant Amazon, Coinbase is offering its own suite of cloud services being dubbed Coinbase Cloud. Speaking to Forbes, Coinbase chief product officer Surojit Chatterjee admitted that the company wants to be the…

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Fidelity Tired of Waiting on SEC, Heads to Canada for Bitcoin ETF

Investment giant Fidelity has headed north for its Bitcoin exchange-traded fund (ETF) filing as U.S. financial regulators continue to procrastinate on approvals. According to a Securities and Exchange Commission filing on Nov 22, the Fidelity Advantage Bitcoin ETF will invest in bitcoin directly or through derivative instruments. Investors will be able to make purchases using…

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Square Changes Name to Block, Discusses Metaverse Initiative

Square has announced a change in name and will now be known as Block. The name change ties in its finance and entertainment services CashApp, Tidal, and TBD, and has also announced a foray into the metaverse. Square is following in Facebook’s footsteps and rebranding itself to Block, according to a tweet made on Dec…