As the Chinese workforce gets back to work, it’s revealed that oil demand is down 20%, the coronavirus’ effect is everywhere. The People’s Bank of China has pumped 1.7 trillion Yuan into the economy. The Mining Indaba was not the extravaganza of years gone by. The purchasing managers’ index is at 45.2% - what does this mean for the economy? The US has added 200,000 jobs according to the latest reports. US and European economies are booming! Amazon hits the trillion dollar market cap... welcome to the club Jeff.More info
Pepperclub Invest is a Section 12J VCC company with its main asset being the 5-star hotel in Cape Town, the aptly named Pepperclub Hotel. Pepperclub Invest fund manager Amaresh Chetty details what the benefits are of investing in the Pepperclub. The tax benefits and ROI can seem complicated, but with over 40 years of experience on the board of directors - which includes the Solomon brothers and the Grovest team - Amaresh details this fantastic Section 12J VCC investment opportunity right down to the last detail. Brought to you by Grovest.More info
Coronavirus has affected the Asian market - Asian shares are down 7%. Two thirds of Chinese businesses are closed for the week. The winners from coronavirus are the biotech companies. Anthea says when the Rand is weak, invest off peak. Elon Musk is on his way to a possible $50 billion bonus. Toyota are investing R4.2 billion in South Africa, good news. And Jeff Bezos added $7.9 billion to his personal wealth this week.More info
It may still be going through its growing pains, but there’s no doubt that cryptocurrencies are here to stay. While some people will focus on its volatility and what it means in the short term, crypto’s long term outlook is worth chatting about. Luno Africa’s GM Marius Reitz breaks down what the future of crypto may look like. Decrypto is powered by Luno.More info
Is it possible to plan your financial future while also doing good for the community and environment? In this episode Gareth Cliff looks at social impact investing to help you learn more about Section 12J. For this information-filled segment, he is joined by Malcolm Segal, Non-Executive Director for Grovest Corporate Advisory and the Director for Mdluli Safari Lodge Limited. Brought to you by Grovest.
There are a lot of technical intricacies around cryptocurrency and how it works... and it’s sometime easy to think that because it’s a digital currency, only the laws of coding apply. But it’s still a currency, and even though it’s unregulated, it’s still subject to the law. Luno’s General Counsel, Lucy James, explains how crypto’s legal compliance is a vital part of its makeup. Decrypto is powered by Luno.More info
The Corona virus is affecting the markets. Even after a bullish 5 months, the markets are so fragile. In these uncertain times, where should we be investing our money? How do we find high return businesses? Tesla is now worth twice as much as Ferrari, how is that possible? Naspers is making "10 Cent" moves. Get your hands on platinum and Clicks shares, they’re a sure thing. And load shedding cost Anglo Platinum an estimated $700m over the last year.More info