Platinum Wealth

Telkom will charge users of its new Telkom Pay wallet, which is built on top of WhatsApp, a flat fee of 2.5% for transactions and card top-ups.

More Black Friday Deals P48 Black Friday Judy.pdf Bawas Black Friday.pdf

Her conclusion states: “It is my view that the fund should be liquidated or placed under administration as a matter of urgency. This is the only way that this hemorrhage of billions of rands of public funds can be stemmed and proper and valid settlement of plaintiffs’ claims undertaken in the public interest.” She has asked that the judgment be brought to the attention of the Minister of Transport, the head of the Road Accident Fund and the National Director of Public Prosecutions. Source: https://www.groundup.org.za/article/court-calls-road-accident-fund-be-liquidated-damning-judgment/

Pfizer says it is a significant step closer to providing people around the world with a much-needed breakthrough to help bring an end to the Covid-19 crisis. The first effective coronavirus vaccine can prevent more than 90% of people from getting Covid-19, a preliminary analysis shows. The developers - Pfizer and BioNTech - described it as a "great day for science and humanity". Their vaccine has been tested on 43,500 people in six countries and no safety concerns have been raised. The companies plan to apply for emergency approval to use the vaccine by the end of the month. A vaccine - alongside better treatments - is seen as the best way of getting out of the restrictions that have been imposed on all our lives. There are around a dozen in the final stages of testing - known as a phase 3 trial - but this is the first to show any results. It uses a completely experimental approach - that involves injecting part of the virus's genetic code - in order to train the immune system.

Interesting time ahead, I wonder if ALTs will follow like 2017?

I will attach all the Black Friday deals to this post, as they become available. Makro-Black-Friday-2020.pdf Incredible-Connection-Black-Friday-2020-Deals.pdf 14595_02_Nov_2020_BF_VERSION 6.pdf Hifi-corporation-black-friday.pdf Vodacom-black-friday-2020.pdf Game _ 28 Black Fridays Week 2 (11 November - 17 November 2020).pdf HiFi-corporation-week-2.pdf

Government’s medium‐term policy priorities are economic recovery and fiscal consolidation. The social compact agreed to between government, business, labour and civil society prioritises short‐term measures to support the economy, alongside crucial structural economic reforms. The economy is expected to contract by 7.8 per cent in 2020, recovering to real GDP growth of 3.3 per cent in 2021. Economic growth is expected to average 2.1 per cent over the three‐year forecast period. Fiscal measures – primarily reductions to the wage bill – will narrow the budget deficit and stabilise debt over the next five years to return the public finances to a sustainable position. The consolidated deficit narrows from 15.7 per cent of GDP in 2020/21 to 7.3 per cent by 2023/24. Gross national debt is projected to stabilise at 95.3 per cent of GDP by 2025/26. http://www.treasury.gov.za/documents/mtbps/2020/2020 MTBPS presentation.pdf

[WATCH LIVE] Finance Minister #TitoMboweni is due to table the #MTBPS at 2pm - watch the livestream here. #MiniBudget #MTBPS2020

I find myself more and more rather buying chunks of DCX10 than actual crypto. It's probably not ideal from a "fundamentalist" point of view, ie not your keys not your coins, but with that said, it just makes it so much easier to get a bit of exposure outside of Bitcoin alone without having to keep multiple systems up to date.

If you have the Capitec app already, make sure you have the latest version. Visit the App Store or Play Store and give that Update button a tap. Once you have the latest version of the app, log in and navigate to where it says ‘Explore’, then select ‘Widgets’. You’ll then select EasyEquities and go through the process of either linking your existing EasyEquities account or creating a new one.

I fell off the bandwagon a bit, buying a house. January 2021 I will be back for the finance challenge.

Black Friday in South Africa will take place on Friday, 27 November 2020 When you come accross good Black Friday deals please post them here and I will keep a list in the OP with all the good deals and participating stores. Please post what items you are looking for then we can all look around for deals on the day. Personally I would like to buy a 55" to 65" Samsung TV and whatever MTN deal is good this year. The South African Companies participating in Black Friday 2020: Takealot: URL to be confirmed OneDayOnly: URL to be confirmed Wootware: https://www.wootware.co.za/black-friday/ Makro: https://www.makro.co.za/black-friday MTN: URL to be confirmed AC Direct: https://acdirect.co.za/product-category/black-friday/ Cell C: URL to be confirmed Pick n Pay: URL to be confirmed HiFi Corporation: URL to be confirmed Checkers: URL to be confirmed BidorBuy: @Bandit https://www.bidorbuy.co.za/blackfriday The Pro Shop: https://www.theproshop.co.za/promotion/black-friday Cybercellar: URL to be confirmed Game: URL to be confirmed Dion Wired: URL to be confirmed Woolworths: URL to be confirmed Clicks: URL to be confirmed Digicape: URL to be confirmed Dial-a-Bed: URL to be confirmed PiShop: URL to be confirmed DIY Electronics: URL to be confirmed RSA WEB: URL to be confirmed I will attach the PDFs and specials to this thread as they become available. Past Black Friday threads and Deals Black Friday 2020 Black Friday 2018 Black Friday 2017

When you switch your salary to your TymeBank account, you can earn as much as 8% interest a year from your GoalSave. Here’s how the interest rate grows: Time since you first added money to your GoalSave

Motorists and taxpayers appear set to become the cash cow to enable the government to reduce its percentage of the funding of the multi-billion rand expansion of the Gautrain. Gautrain Management Agency (GMA) CEO William Dachs said on Monday: “We firmly believe the people in cars don’t pay their fair share in terms of the taxes that they pay and the failure of the e-tolls system has perpetuated that problem.” Dachs was commenting on the GMA’s engagement with National Treasury about the sources of funding for the Gautrain expansion project and the need to move people off the roads and away from carbon intensive modes of transport during a virtual panel discussion on the ‘Future of Rapid Rail in Gauteng and its Impact on Social and Economic Development’. He said the GMA started its engagement with Treasury on the funding of the expansion with “a clean sheet of paper and [to] look at all the possible sources”. “We looked at everything from general tax increases to fuel taxes to fuel levies to congestion charges, which haven’t happened in South Africa yet, all the way through to the more traditional funding sources,” said Dachs. “We also looked at developer charges, bearing in mind that people who develop around existing Gautrain stations have seen massive increases in the values of their properties. Most viable source “We then did a quite detailed analysis of what each source could bring and which one of them would be the most viable,” he said. Dachs did not comment on which of these sources was the most viable but said: “We would be looking at a blend of national government funding, provincial government funding, people who use the trains, private developers contribution as well as those who invest in the train itself.” He confirmed that vehicle licence fees had been considered during the GMA’s engagement with Treasury but stressed that: “It’s not an infinite source.” “Gauteng can’t become uncompetitive in terms of its vehicle licences compared to other provinces but there is a strong case to be made there,” he said. Dachs said there is a strong willingness from private sector developers to invest in new stations provided they are transit orientated developments from which they can get a return. He said they were obviously also looking at getting private sector investment in the infrastructure itself “because the people who use the trains will pay for them”. ‘Massive misconception’ Dachs stressed that there is a “massive misconception” that the people who use the current Gautrain are massively subsidised in terms of the operations cost, which is untrue. He said there was a “close to 100% recovery” of the operating costs of the Gautrain from the money people pay to use it although “Covid-19 messed that up”. Dachs said this high operating cost recovery rate goes a long way towards the long term financial sustainability of the Gautrain. “The government subsidy to date has really been around the capital part of the Gautrain and we would look to continue that going forward,” he said. Gauteng provincial borrowings and provincial budget allocations via national government accounted for 88% of the total cost of the first phase development of the Gautrain, with private sector debt only accounting for about 12% balance of the cost. Reports have suggested the government wants to reduce its funding of the Gautrain expansion to 33% while former GMA CEO Jack van der Merwe said last year the plan was to increase private sector funding to 33%. The GMA submitted plans about the Gautrain expansion programme to National Treasury in 2017. Robust engagement But Dachs stressed on Monday that Treasury did not cause a delay in the project and the GMA has had a real, good and robust engagement with Treasury about this huge and complex project. He said two issues kept arising during these engagements: how to make it more accessible to more people without compromising its financial sustainability, and how it can be funded. “It can’t just be 100% government funding. How do we build a private sector investment in here? How do we encourage people who benefit from a project like this to also contribute to it financially? “We have answered those questions. It’s been a two-and-a-half year process in terms of engagement on it and, as we speak, we are just finishing the final study,” he said. Development Bank of Southern Africa (DBSA) head of transport and logistics Cyprian Marowa said the DBSA is good at bringing together many institutions into the lending space. Marowa said no individual bank can single-handedly develop infrastructure like the Gautrain and the DBSA is seen globally as a good partner for other institutions to come in and be part of the infrastructure projects in South Africa. He admitted that Covid-19 has been “a spanner in the works” and money generally has become more expensive, with some projects delayed. But Marowa said it is important “to keep your eye on the ball and take a long term view”. ‘Good project for any investor’ Marowa said that if the number of cash flows that could be generated from different aspects of the Gautrain expansion project are aggregated “you find that this would turn out to be a very good project for any investor”. Transport analyst and economist Ofentse Hlulani Mokwena said there is a need for the government and other funders to be very conscious of the kind of risks they expose themselves to from a funding perspective because this will change the dynamics of their returns. Mokwena said there will certainly be some controversial funding options and some options that are more attractive and more acceptable to the public. He said this is something the government will have to balance, especially in order to negotiate a good allocation risk. Mokwena added that the key issue is whether there are viable alternatives and whether this service will be attached to the existing system. “That is going to be crucial because what you want is to be able … to ring-fence financing … and to justify that you have to have public buy-in. “That is going to be crucial because with a project of this scale, the last thing you will want is risk on the infrastructure, on the programme, or even at a political level. “So whatever the financing options that are decided on or pursued, the key here is to contain and manage the risk,” he said. Deeper relationships? Mokwena said there is also the risk of modal exclusion or parallelism and questioned why there was not a deeper relationship with, for example, bike sharing schemes, mini bus taxis and the existing bus services. He said these modes of transport are essentially part of the discussion to justify digging into the public financing environment. “It’s not just about the project but being able to manage the public perception, the allocation risk and making sure the project retains its social, economic and political viability. The numbers count but there is a lot more to it,” he said. The current Gautrain network comprises 80km of rail along two route links: a link between Tshwane and Johannesburg and a link between OR Tambo International Airport and Sandton. The expansion comprises another 150km of rail and a further 19 stations. Dachs said the single conclusion the Gauteng provincial government came to in 2014 when it started working on its 25-year integrated transport master plan is that moving people to and from jobs in perpetuity on the roads is not going to work and rail has to be the backbone of a public transport system. He said the five-phase Gautrain expansion plan was a very ambitious long term plan and this massive build programme will take 20 to 30 years to complete. Source: Moneyweb

The bank says the Live Better Academy offers practical tips and strategies to help people make smart financial decisions and achieve their goals. Capitec says the course series can be done on a smartphone, tablet or PC, and requires less than 200MB to complete. Each course is broken into 16 to 20 modules that take between five to 10 minutes to finish. Furthermore, Capitec says to keep the learning entertaining, the platform is gamified. “Users earn points and badges as they engage, complete courses and answer questions. A leader board ranks users according to their total points and users are encouraged to build their knowledge scores, thereby mastering content,” says the bank. The launch of the school comes on the back of the growing economic crisis in the country due to COVID-19, which has seen many lose their jobs. With these circumstances, experts warn managing debt is going to be difficult for many people. Jean Rossouw, head of financial education at Capitec, explains the rationale of launching the academy: “We want to empower people to learn helpful money strategies and key financial principles in a simple and engaging way. “The series has been designed for every level of financial knowledge. Users will walk away with practical information and tools that can help them achieve financial goals by learning to budget, repay debt faster, mitigate unnecessary risk, save for the future, and reduce unnecessary spending. All for free.” Capitec says each month until December, five learners who complete a course will win a R1 000 cash prize. In addition, one person who completes all four courses will win the monthly R10 000 grand prize. A link to the Capitec Academy: https://www.livebetteracademy.com/

Starting to receive 3 to 4 calls from these guys a day. Does anyone know where I can report elite mobile to for breach of section 45 of the ECA and the POPI Act? I am honestly getting to the point where I want to take this further because the amount of spam calls and early morning wake up calls that I get from them is just too much. They don’t seem to be part of the ISPA. EDIT: They mention Vodacom whenever I talk to them, and they try and sell me Vodacom contracts, but I am not sure if they are actually part of Vodacom

This was an interesting interview RE her position on Bitcoin and the crypto space in general, I wonder what the counter-argument would be? Flux Trends on Smart Cities, AI, Blockchain, Pascal's wager, Radical Economic Transformation and more. https://futurecitiesafrica.com/discussions/bronwyn-williams-trends-and-technologies-impacting-cities-business-and-people.php

Total Expense Ratios (TERs) of all the ETFs listed on the JSE Measure the costs of operating the ETF portfolios, including the management fees and costs of the issuing company. All figures are annualised and normally require that the ETF has a 12-month history in order to calculate. TERs are calculated utilising a standard guideline for all unit trusts and ETFs. The TER is included in price of the ETF product and is not paid directly by the investor. This is as of (June 2020) ╔═════════════════════════════════════════════════════════════════════════════════════════╗ ║ ETF PRODUCTS – TOTAL EXPENSE RATIOS (TERs) (as at June 2020) ║ ╠════════════════════════════════════════════════╦════════════╦═══════════════════════════╣ ║ ETF Product ║ Code ║ TER (% per annum) ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ 1nvest ║ ║ ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ 1nvestGold ETF ║ ETFGLD ║ 0.25 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ 1nvestPalladium ETF ║ ETFPLD ║ 0.35 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ 1nvestPlatinum ETF ║ ETFPLT ║ 0.30 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ 1nvestRhodium ETF ║ ETFRHO ║ 0.75 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ 1nvest Top 40 ║ ETFT40 ║ 0.28 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ 1nvest SWIX 40 ║ ETFSWX ║ 0.29 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ 1nvest SA Property ║ ETFSAP ║ 0.29 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ 1nvest SA Bond ║ ETFBND ║ 0.29 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ 1nvest Global Government Bond ║ ETFGGB ║ 0.40 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ 1nvest S&P 500 ║ ETF500 ║ 0.27 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ 1nvest S&P Info Tech ║ ETF5IT ║ 0.35 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ 1nvest Global REIT ║ ETFGRE ║ 0.34 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ 1nvest MSCI World ║ ETFWLD ║ 0.40 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ Absa Capital ║ ║ ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ NewGold ║ GLD ║ 0.30 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ NewPlat ║ NGPLT ║ 0.40 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ NewGold Palladium ║ NGPLD ║ 0.40 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ Shari’ah Top 40 ║ NFSH40 ║ 0.33 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ NewFunds S&P GIVI Top 50 ║ GIVISA ║ 0.31 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ NewFunds MAPPS Growth ║ MAPPSG ║ 0.36 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ NewFunds MAPPS Protect ║ MAPPSP ║ 0.36 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ NewFunds Equity Momentum ║ NFEMOM ║ 0.45 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ NewFunds Low Volatility ║ NFEVOL ║ 0.51 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ NewFunds Value ║ NFEVAL ║ 0.51 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ NewFunds GOVI ║ NFGOVI ║ 0.30 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ NewFunds ILBI ║ NFILBI ║ 0.34 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ NewFunds TRACI ║ NFTRCI ║ 0.30 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ NewFunds Volatility Managed Defensive ║ NFEDEF ║ 0.51 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ NewFunds Volatility Managed High Growth ║ NFEHGE ║ 0.51 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ NewFunds Volatility Managed Moderate ║ NFEMOD ║ 0.52 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ NewFunds Namibian Bond ║ NFNAMB ║ 0,10 (projected TERs) ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ Absa Capital ETNs ║ ║ ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ NewWave EURO ║ NEWEUR ║ Not applicable* ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ NewWave Pound ║ NEWGBP ║ Not applicable* ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ NewWave US Dollar ║ NEWUSD ║ Not applicable* ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ NewWave Platinum ║ NEWPLT ║ 0.40 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ NewWave Silver ║ NEWSLV ║ 0.40 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ Ashburton Investments ║ ║ ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ Ashburton Top 40 ║ ASHT40 ║ 0.13 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ Ashburton Inflation ║ ASHINF ║ 0.40 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ Ashburton MidCap ║ ASHMID ║ 0.61 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ Ashburton Global 1200 ║ ASHGEQ ║ 0.57 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ Ashburton World Government Bond ║ ASHWGB ║ 0.51 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ Cloud Atlas ║ ║ ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ AMI Big50 ex-SA ║ AMIB50 ║ 0.85 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ AMI Real Estate ex-SA ║ AMIRE ║ 0.85 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ CoreShares ║ ║ ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ CoreShares Global Dividend Aristocrat ║ GLODIV ║ 0.67 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ CoreShares S&P Global Property ║ GLPROP ║ 0.66 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ CoreShares S&P 500 ║ CSP500 ║ 0.35 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ CoreShares PrefTrax ETF ║ PREFEX ║ 0.61 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ CoreShares SA Property Income ║ CSPROP ║ 0.46 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ CoreShares DivTrax ║ DIVTRX ║ 0.55 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ CoreShares Top 50 ║ CTOP50 ║ 0.25 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ CoreShares Scientific Beta Multi Factor ║ SMART ║ 0.55 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ First Rand ║ ║ ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ Krugerrand DCC ║ KCCGLD ║ Not disclosed ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ US Dollar DCC ║ DCCUSD ║ Not disclosed ║ ╠════════════════════════════════════════════════╩════════════╩═══════════════════════════╣ ║ * No management fee charged, but interest rate spread of 0,10% to 0,20% charged ║ ╠════════════════════════════════════════════════╦════════════╦═══════════════════════════╣ ║ Satrix ║ ║ ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ Satrix 40 ║ STX40 ║ 0.10 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ Satrix FINI ║ STXFIN ║ 0.44 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ Satrix Capped INDI ║ STXIND ║ 0.43 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ Satrix RESI ║ STXRES ║ 0.42 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ Satrix SWIX Top 40 ║ STXSWX ║ 0.33 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ Satrix DIVI ║ STXDIV ║ 0.37 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ Satrix RAFI ║ STXRAF ║ 0.49 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ Satrix ILBI ║ STXILB ║ 0.25 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ Satrix SA Bond ║ STXGOV ║ 0.25 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ Satrix Momentum ║ STXMMT ║ 0.40 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ Satrix Property ║ STXPRO ║ 0.28 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ Satrix Quality ║ STXQUA ║ 0.36 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ Satrix MSCI Emerging Markets ║ STXEMG ║ 0.40 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ Satrix MSCI World ║ STXWLD ║ 0.35 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ Satrix S&P 500 ║ STX500 ║ 0.25 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ Satrix Nasdaq 100 ║ STXNDQ ║ 0.48 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ Standard Bank ETNs ║ ║ ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ Gold-Linker ║ SBAGI ║ 0.50 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ Silver-Linker ║ SBASI ║ 0.50 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ Platinum-Linker ║ SBAPLI ║ 0.50 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ Palladium-Linker ║ SBAPDI ║ 0.50 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ Copper ETN ║ SBACOP ║ 0.50 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ Corn ETN ║ SBACRN ║ 0.50 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ Oil ETN ║ SBAOIL ║ 0.50 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ Wheat ETN ║ SBAWHT ║ 0.50 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ Sygnia ║ ║ ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ Sygnia/Itrix Eurostoxx 50 ║ SYGEU ║ 0.86 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ Sygnia/Itrix FTSE 100 ║ SYGUK ║ 0.86 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ Sygnia/Itrix MSCI Japan ║ SYGJP ║ 0.86 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ Sygnia/Itrix MSCI USA ║ SYGUS ║ 0.86 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ Sygnia/Itrix MSCI World ║ SYGWD ║ 0.69 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ Sygnia (continued) ║ ║ ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ Sygnia/Itrix Global Property ║ SYGP ║ 0.26 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ Sygnia/Itrix S&P 500 ║ SYG500 ║ 0.20 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ Sygnia/Itrix Top 40 ║ SYGT40 ║ 0.22 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ Sygnia/Itrix SWIX Top 40 ║ SYGSW4 ║ 0.21 ║ ╠════════════════════════════════════════════════╬════════════╬═══════════════════════════╣ ║ Sygnia/Itrix 4th Industrial Revolution ║ SYG4IR ║ 0.59 ║ ╠════════════════════════════════════════════════╩════════════╩═══════════════════════════╣ ║ Source ETF Issuer Fact Sheets (June 2020). ║ ╚═════════════════════════════════════════════════════════════════════════════════════════╝ You can find a ton more information on ETFs from https://www.etfsa.co.za/ETFs.htm

I'm still not mentally prepared for what's about to happen in the crypto markets the next 12-18 months. wallets and exchanges are more accessible stablecoins & leverage have 10x'd info sources are more reliable crypto networks have earnings macro narrative is nuts

BIG NEWS: #AfriForum & #GerrieNel have officially been appointed by the #Botswana government to represent them in a high-profile money-laundering & fraud case, in which businesswoman Bridgette Motsepe-Radebe (sister-in-law of @CyrilRamaphosa & wife of Jeff Radebe) is implicated. Motsepe-Radebe was identified as a cosignatory of at least 2 bank accounts holding some of the more than $10 billion allegedly stolen from the #Botswana government to finance a “coup” before the national election in this country.

Seven men accused of defrauding VBS Mutual Bank have told the Palm Ridge Regional Court they are innocent, each pleading not guilty to the multiple charges they face. Four of the men were arrested during early morning raids on Wednesday, while three others handed themselves over to police later. An eighth accused is in quarantine due to Covid-19. Magistrate Brian Nemavhidi put his foot down on Thursday when he refused to hear the case until court orderlies ensured that the packed public gallery was cleared and physical distancing regulations, aimed at preventing the spread of Covid-19, were strictly implemented. Nemavhidi said he would not continue until the orderlies ensured that physical distancing was maintained and that those who were standing were removed. State prosecutor Hein van der Merwe told the court that there were seven accused present and the eighth person was absent. Source: News24

Discovery said on Monday its full-year profits could fall by up to 90%, hit by a R3.3 billion ($191 million) provision to cover the potential impact on claims and policy lapses due to the coronavirus. It also said it would not pay an annual dividend, with the payouts to be considered when appropriate, sending its shares down 5.5% before recouping some losses. The company said the hefty provision covered the potential impact on claims and anticipated policy lapses as stretched customers stop paying, while the outlook also covered the impact of long-term interest rates. It warned its headline earnings per share – the main profit measure in South Africa – for the year to June 30 were expected to be between 70% and 90% lower than the 789 cents reported a year earlier, though it said the final outcome was subject to a high degree of volatility. “Discovery is confident that the group is strong under high stress scenarios, with sufficient liquidity and solvency to weather uncertain conditions,” it said, adding capital ratios and cash buffers were expected to remain within or above target. The provision, Discovery said, was intended so that all of the currently expected impact of the novel coronavirus as far ahead as 2022 was carried in this financial year. Changes to interest rates in South Africa after the government lost its final investment-grade credit rating earlier this year, and historically low interest rates in the United Kingdom where it has a unit, were expected to have a further substantial impact on performance. Discovery’s profits have been falling in recent years as it ploughed money back into new businesses including a hefty investment in launching a digital bank, which it said now has 177 000 clients and R2.1 billion in retail deposits. So far, lapses in most of its businesses had been low, it said, while new business annualised premium income was up 4% for the 11 months to May 31. Source: MoneyWeb

The rationality of the government's regulations for the Level 4 lockdown was challenged in court on Monday due to the short time allowed for public participation. The controversial regulation continuing the ban on smoking, which was announced by Cooperative Governance and Traditional Affairs Minister Nkosazana Dlamini-Zuma, is among those questioned. Dlamini-Zuma said the decision was reached after public consultation. Last month, Mpiyakhe Dlamini, Duwayne Esau, Tami Jackson, Lindo Khuzwayo, Mikhail Manuel, Neo Mkwane, Scott Roberts and Riaan Salie asked the Western Cape High Court in Cape Town to declare the lockdown regulations invalid and the National Coronavirus Command Council inconsistent with the Constitution and Disaster Management Act. On Monday, judges Rosheni Allie and Elizabeth Baartman listened to arguments via a virtual platform. They reserved judgment. Advocate Anton Katz SC, for some of the applicants, said: "The process chosen by the government to make the regulations failed the rationality test in the process stage." He added they were in dispute with the respondents on whether or not public participation was required - he said yes, they said no. However, there was a public participation process, but the process was not rational, Katz argued. On 25 April, he said, a notice that there was a process for public comment appeared on the Department of Cooperative Government and Traditional Affairs' website, and Dlamini-Zuma mentioned it during a press conference on the same day. Source: News24