BizNews BizNews Radio

Flash Briefing: SA fund investors miss stock market gains; Germany pays Namibia for genocide; Bitcoin smacked again

Loading player...
* The total assets invested in South African collective investment schemes (CIS) ended the first quarter of 2021 at a record R2.9tn, but most of this money went into fixed interest funds - which means investors lost out on stock market gains.
* Germany is paying Namibia for colonial era genocide;
* Bitcoin smacked again - this time by comments from Japan's central bank governor.
* More than 600 SA companies were liquidated in the first quarter. Learn more about your ad choices. Visit megaphone.fm/adchoices
28 May 2021 8AM English South Africa Investing · Business News

Other recent episodes

BN Daybreak: Amazon beats Starlink; PIC's Lanseria crisis; Netflix's slowdown; AI's big margins

In today's BizNews Daybreak we dive into Amazon's quiet maneuver past Starlink into South Africa's satellite internet market via Herotel. We also examine the Public Investment Corporation's escalating governance crisis over the Lanseria Airport transaction, alongside policing gaps fueling local pharmaceutical drug crimes. Internationally, we cover SpaceX’s scrubbed Starship launch,…
16 Jul 11PM 15 min

The R3.5 trillion crisis: Why the PIC is under fire

South Africa's Public Investment Corporation is facing its biggest governance crisis in years. With CEO Patrick Dlamini suspended, senior executives resigning, and the Financial Sector Conduct Authority launching a formal investigation, questions over transparency, accountability, and the safety of government workers' pension funds are mounting. DA finance spokesperson Dr Mark…
16 Jul 8AM 34 min
All episodes