BizNews BizNews Radio

Flash Briefing: Investors lose their shirts in crypto deals, warns FSCA; gas power for Gauteng; Sasol; Sappi

Loading player...
* The regulatory Financial Sector Conduct Authority has warned that it has a received a large number of calls from South Africans who have lost huge sums in crypto investments and scams packaged as crypto assets.
* Gas powered electricity is coming soon to Gauteng, says Africa infrastructure investor Harith Partners.
* Sasol may provide liquefied gas to Gauteng; meanwhile its stock price also benefited from an increase in the price of oil.
* Sappi was among the best performers on the JSE on Thursday on the strength of a better-than-expected financial update. Learn more about your ad choices. Visit megaphone.fm/adchoices
4 Feb 2021 12PM English South Africa Investing · Business News

Other recent episodes

Jabulani Khumalo - Threats, a R14-m ransom & the battle for MKP….

In his latest interview with Chris Steyn, the real founder of MKP, Jabulani Khumalo, reveals threats to the actual directors of the “hijacked” party over a picket to distance themselves from the human trafficking of 19 men to Russia. “…our spokesperson… got a call…a threatening call…And also, the people on…
11 Jan 6AM 18 min

Magnus Heystek: Why SA’s middle class is quietly being crushed

South Africans are being told everything is fine. Magnus Heystek says it’s a dangerous illusion. In a wide-ranging conversation with Alec Hogg, the veteran investment strategist warns that falling GDP per capita, rising taxes, weak property returns and flawed retirement structures are steadily hollowing out the middle class. From Regulation…
9 Jan 6AM 41 min
All episodes