Usain Bolt demands his full $12.75 million balance from SSL.

Loading player...
Jamaican sprint legend Usain Bolt has taken legal steps demanding that the USS$12.75 million balance of his investment in Stocks and Securities Limited (SSL) be turned over to him at the earliest possible time.
SSL is currently embroiled in a multi-million fraud allegedly perpetrated by one of its employees, which some sources say could amount to a value of more than J$1 billion in Jamaican and US currencies.
18 Jan 2023 9AM English South Africa Business News · Investing

Other recent episodes

BofA Slashes SA Growth Forecast as Inflation Surges

Bank of America has cut South Africa’s 2026 GDP growth forecast to 1.3%, warning that higher oil and fertilizer prices will keep inflation above 4% for most of the year. Economist Tatonga Rusike explains
23 Apr 3PM 11 min

Understanding SA’s First Wealth Score

Franc unveils South Africa’s first-ever Wealth Score, revealing that financial habits—not income—are the strongest predictor of financial health. We unpack why SA’s national score is 45/100 and the behavior gap between knowing and doing with Dr. Thomas Brennan, founder and CEO of Franc.
23 Apr 3PM 13 min

Clicks Lifts HEPS 8% Despite Warehouse Disruptions.

Clicks delivered firm interim results with diluted HEPS up 8.1%, even as warehouse system delays cost an estimated R175 million in lost sales. CEO Bertina Engelbrecht discusses pharmacy growth, trading margins, and festive‑season competition.
23 Apr 2PM 16 min