Charles Savage on EasyEquities roaring success

Loading player...
EasyEquities and Purple Group CEO Charles Savage spent time with the BizNews team unpacking their highly anticipated results. EasyEquities, the group’s crown jewel, was a standout performance. The brokerage platform now has more than one million registered accounts and is growing strongly, as well as being one of South Africa’s most loved brands. The rest of the group weighed on its performance but Savage did suggest that a rebranding of the group’s trading and asset management arms were in the pipeline. Alec Hogg recently added the Purple Group to the BizNews portfolio, generating more than a 70% return in the space of a few months, an incredible return on investment. Long may it continue.  Learn more about your ad choices. Visit megaphone.fm/adchoices
12 Nov 2021 7AM English South Africa Investing · Business News

Other recent episodes

SA's Competition Commission has become a handbrake on the economy: Rob Rose

Bryan Brownrigg was never a currency trader. He sold foreign exchange to Standard Bank's institutional clients for 23 years. But when the Competition Commission decided that 28 banks had run a single conspiracy to rig the rand, his name went into the complaint anyway, and it took a decade and…
11 Sep 7AM 20 min

He built a $1.5bn bank. Now Revolut, Discovery Bank and PEP are circling

In this interview with Irakli Rekhviashvili, Tyme Group co-founder Coenraad Jonker gives his take on what actually protects a digital bank once the competition catches up, and why he thinks the old rules of banking no longer apply. On competitive advantage, he says: "I'm saying to my guys increasingly, I…
11 Sep 7AM 50 min