Dr Michael Jordaan steps out from the shadows moneyweb.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneyweb.co.za Daily Mail and Mail on Sunday newspapers.
‘If you had to ask me to give one word of advice to all investors, it would be diversification..The worst thing that a tiny investor could do is put all their savings into just one counter’: Dr Michael Jordaan, former FNB CEO.
It has been a wild, wild fortnight for cryptocurrency investors, even by crypto’s standards of volatility. However, while a recent report released by Goldman Sachs suggests that institutional investors are increasingly seeing cryptocurrencies as an asset class, South African asset managers re.
South Africa firms rushing to list first digital currency ETF in Africa Business
South African firms are in advanced stages of applying for the first digital currency exchange-traded fund (ETF) in Africa. According to local reports, two local firms are set to lodge their applications with the Johannesburg Stock Exchange, which has rejected such an application in the past.
One of the firms seeking to list the first digital currency ETF on the JSE is DCX Capital. In a recent podcast, co-founder Earle Loxton claimed that plans are afoot to launch the first ETF in Africa’s second-largest economy. The firm is set to apply for the ETF with JSE ‘very soon,’ he revealed.