In a recent post on X, formerly known as Twitter, Mzwanele Manyi made a bold statement about the future of Bitcoin and its potential impact on global economics. On December 23, 2024, he tweeted, “Bitcoin is coming in full force. It will devalue gold. But it’s unstoppable. We therefore need to climb on this bus […]
December 24, 2024 Happy holidays, everyone! As we deck the halls and enjoy the festive season, there’s some economic news from South Africa that’s worth wrapping our heads around. Let’s dive into the latest developments in the South African Rand (ZAR) and the intriguing dance of Bitcoin in the global market. The South […]
In a recent post on X from Daily Investor (@DailyInvestorSA), it was claimed that South Africa’s economy is poised for significant improvement in the coming years, driven by ongoing reforms, increased private sector investment, the formation of the Government of National Unity (GNU), and the stabilization of Eskom. This post has sparked a debate, particularly […]
In a recent development that has caught the attention of international observers, the relationship between South Africa and the United States appears to be on shaky ground. On December 24, 2024, at 12:02 UTC, Daily Investor (@DailyInvestorSA) reported that US lawmakers have decided to drop a potential review of South Africa’s ties with Washington, citing […]
In a recent post by Daily Investor, Allan Gray highlighted a critical financial issue that many might overlook during the festive season – the misuse of the new two-pot retirement system. This system, designed to offer flexibility while ensuring retirement savings are preserved, could be significantly undermined by premature withdrawals for short-term financial goals like […]
In recent news, South Africa has witnessed a troubling trend – over 1,000 businesses have shut down in less than a month, signaling a significant economic distress for the nation. This development, reported by BusinessTech SA, underscores a critical issue that demands immediate attention from the government: the creation of jobs rather than the loss […]
The Dawn of Contactless Toll Payments South Africa is taking a significant step forward in its journey towards digital transformation with First National Bank (FNB) pioneering Africa’s first contactless toll payment system. This initiative, launched in collaboration with Visa and the N3 Toll Concession (N3TC), aims to streamline toll payments by introducing tap-to-pay functionality at […]
This past weekend, Bitcoin enthusiasts and investors were treated to a significant milestone as the cryptocurrency reached a new all-time high of $107,000. This surge in Bitcoin’s value not only marks a notable point in the digital asset’s history but also coincides with a notable increase in interest surrounding BlackRock’s iShares Bitcoin Trust (IBIT) options. […]
As we approach 2025, the South African government’s ambition to establish the National Health Insurance (NHI) Board has sparked a whirlwind of debate, legal challenges, and public skepticism. The NHI is envisioned as a comprehensive healthcare reform aimed at ensuring universal health coverage for all South Africans. However, the path to its implementation is fraught […]
The retail landscape is ever-evolving, and Spar, known for its ubiquitous presence in grocery retail, is taking a bold step into the high-end market. Recently, Spar announced plans to introduce a premium format store aimed at wealthier consumers. This move is particularly intriguing, given Spar’s existing reputation for slightly higher prices compared to some competitors. […]
Monday to Friday 11:00AM - 5:00PM 
