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Zak Calisto, humble SA tech entrepreneur many have never heard …
WEBApr 22, 2021 · Zak Calisto, humble SA billionaire tech entrepreneur many have never heard of. The shares of Karooooo, the new holding company for vehicle recovery and fleet management group Cartrack, rose as it began trading on the JSE earlier this week. Nearly all Cartrack shareholders have opted to remain …
Bridge Fund Managers acquired by Counterpoint Asset …
WEBAug 18, 2020 · Bridge Fund Managers media statement: Bridge Fund Managers (), a well-established player in the financial services sector has combined its business with specialist investment manager Counterpoint Asset Management (Counterpoint), to form a multi-strategy investment management company with both the retail and institutional offerings.The transaction sees Counterpoint acquiring Bridge from ...
Russia are going gold in global currency wars - BizNews
WEBSep 15, 2023 · Introduction. For the last decade I have argued that there is a strong financial element in the wars between the Asian hegemons and America. President Trump’s trade policy towards China and his banning of Chinese technology, notably of Huawei, the world leader in G5 mobile technology was not just to suppress competition to America’s technology leadership but also to discourage global ...
Why the WEF's 'Great Reset' is a utopian ideal - BizNews
WEB16th December 2020 by Alec Hogg. ‘The Great Reset’ is a plan drawn up by the World Economic Forum (WEF), an annual conference for high-profile individuals from business and politics. It explores how countries could recover from the economic damage caused by the Covid-19 pandemic. WEF Founder and Executive Chairman Klaus Schwab and …
BHI Ponzi: Warriner's betrayal of Ashcroft, the other trustee
WEBOct 27, 2023 · BHI Ponzi: Attorney Caitlin Gottschalk on Warriner’s betrayal of Ashcroft, the other trustee. 27th October 2023 by Alec Hogg. Christian Ashcroft, the St Stithians old boy once blinded by admiration for SA’s version of Bernie Madoff, became ensnared in a devastating Ponzi scheme orchestrated by his one-time hero, Craig Warriner. Entrusting ...
Brightrock’s Schalk Malan: How we created a business worth
WEBJan 26, 2017 · When four of Discovery’s senior execs left the building five years ago to live their own entrepreneurial dream, even they had little idea of how successful their disruptive start-up would become. Yesterday their company, Brightrock, sold a 53% stake to SA financial services major Sanlam for a hefty R707m.I have a front row seat to the Brightrock story, and have been privileged to have them ...
Explosive growth for Capitec, with more to come as it shakes up ...
WEBApr 14, 2021 · Explosive growth for Capitec, with more to come as it shakes up business banking – CEO Gerrie Fourie. 14th April 2021 by Editor BizNews. After an early knock by Covid-19 containment measures, JSE-listed Capitec reported a dramatic improvement in headline earnings to just under R4bn for the second six months to the end of February.
BRICS +: How it came to be and why it’s expanding - BizNews
WEBAug 25, 2023 · The BRICS, originally a concept born in an investment bank, has evolved from an idea into a significant global entity. Comprising Brazil, Russia, India, China, and South Africa, the group wields influence as a multilateral lender. Now, it’s expanding its reach by welcoming Saudi Arabia, Iran, Egypt, the UAE, Argentina, and Ethiopia in 2024.
SA’s rich: where they live, what they studied, how they ... - BizNews
WEBJan 6, 2021 · There are approximately 680,000 mass affluent individuals living in SA, each with net assets of $100,000 or more. There are approximately 35,000 millionaires (HNWIs) living in SA, each with net assets of $1m or more. Most of these HNWIs are based in Johannesburg (Sandton especially), Cape Town, Umhlanga and Pretoria.