- Here’s another reason to resist getting sucked into the crypto market – Wall Street predators are gorging on the unwary. Particularly vulnerable are FOMO-driven amateurs entranced by stories of making easy money. Before you have a punt on Bitcoin, Dogecoin or any other crypto, read this.
- SA entrepreneurs looking to spread their wings into the world’s biggest market will be delighted to hear US president Joe Biden has removed a major blockage to their dreams. Access to US residence is now open for business owners with $250k in capital and a minimum of 10 employees. Click here for the good news from our partners at the Wall Street Journal.
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- At BizNews, we remain bemused at YouTube’s decision to take down the video of Nick Hudson’s presentation at our March investment conference. We’ve never been told why, but assume his criticism of official lockdown policy was part of it. Well, seems Hudson was right all along. In this morning’s Wall Street Journal, the paper’s Editorial Board refers to a study showing lockdowns actually accelerated Covid’s spread. Read it here.
- Also confused is former PRASA chief executive Lucky Montana who is busy impersonating a suicide bomber at the Zondo Commission. Montana, who proclaimed his innocence in a BizNews interview back in 2015, is back in the Commission’s hot seat today after last week spilling the beans on responsibilities of deployed cadres like himself. Basically, when the ANC needs money, you hand it over, even though much of the cash will be intercepted: “it’s a way of life…..when you are in that position you also have to find a way…to assist the ANC.” Here’s the PDF of his testimony.
- As a long-time admirer of thoroughbreds, ten years ago I crossed off a bucket list events by joining 150 000 others at the Kentucky Derby, “the fastest two minutes in sports.” This year first past the Louisville post was 12/1 outsider Medina Spirit. In a PR nightmare, his dope test came back positive for the anti-inflamatory betamethasone. Click here for the story.
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And for your listening pleasure
Today’s fresh audio on BizNews Radio.…..(click on the link to access)
- BPH: Shapiro co-host; Thungela Resources CEO; Raubex CEO; Irnest Kaplan on Adapt IT
- “Big tech is becoming too powerful” – Dr Richard Smith
- Rand strengthens: What’s next? In-depth insights from SA FX expert Andre Cilliers of TreasuryONE
- FB: Gear change for Rand; Kazungula bridge opens Africa trade gateway; Clicks buys PnP pharmacies
- Global shift towards e-commerce sees a demand for degree-less jobs
- Exposed: Municipalities diverted billions from the poor, depriving them of free basic electricity
Latest videos on BizNews TV… (subscribe on YouTube and daily at 5:30pm get to see all the studio action of BizNews Power Hour)
- Corrupt ANC cadres must be jailed – investors; Eskom employees want much more; Rand; crypto
- Live in studio – BizNews Power Hour Monday 10 May 2021
