Gold and bitcoin surge
Bitcoin hits 10-month high and gold breaks above $1 900/oz, as contagion fears from the collapse of Silvergate and Silicon Valley Bank spread. From Moneyweb. Both are seen as stores of value in times of risk, and three banking failures in a week has investors...
Lecturers on exemption permits ‘let go’ by SA government
Zimbabwean and Lesotho lecturers head to court this week to have their dismissals set aside. From Moneyweb. The move will harm the quality of education in SA and hurt the continent, says a legal representative in the case. Image: Shutterstock Several Zimbabwean and...
FTX contagion hits SA crypto arbitrage market
Several crypto arbitrage providers paused operations over the last week as crypto-enabled Silvergate Bank files for voluntary liquidation in the US. From Moneyweb. Image: AdobeStock Several crypto arbitrage providers in SA paused arbitrage services this week after...
Bidvest rides the renewable energy wave
Results lifted by boom in renewable energy, tourism and agriculture. From Moneyweb. The group has seen ‘broad demand’ for its renewable energy products. Image: AdobeStock Load shedding has been a mixed blessing for Bidvest. It has driven up factory operating costs on...
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