Author: Don Mabona
It’s reasonable for you to want to secure your money and choose the greatest investing alternatives with caution. Despite the crisis, you might wonder if there are any investment possibilities in South Africa that you can take advantage of. Here are some potential investment opportunities to consider: Stock Markets Covid-19 has wreaked havoc on financial markets all around the world, including in South Africa. Last March, the JSE took a knock, losing as much as 20,000 points from its previous high of 57,000. Investors have the rare opportunity to trade with the best, thanks to eToro South Africa, arguably one of…
Founded in 2017 in China by Changpeng Zhao, who more commonly goes by CZ, Binance is the largest cryptocurrency exchange in the world. It currently facilitates over $100 billion in trading volume every 24 hours. This is about five times more than Coinbase pro and 12 times more than Kraken. The platform offers traders the most trading options in the industry. You can find tons of different coins and even more trading pairs on Binance than you will on any other platform. What you won’t find is US dollars (USD). This makes the world’s most popular crypto exchange a little…
The increase in online shopping in South Africa presents an exciting growth opportunity for retailers, wholesalers and manufacturers, argues Deloitte in its latest report. The report titled Digital Commerce Acceleration: “Increased online purchases present new opportunities for digital commerce players” states there has been an uptake in online shopping due to the COVID-19 lockdown in 2020, in South Africa and across the world. COVID-19 has challenged and shifted many of the barriers consumers have had to online shopping. The research indicates that it will become increasingly important to design offerings that solve specific consumer concerns and use consumer insights to…
Every month, millions of South Africans play at their favorite online gambling sites. There are scores of such sites that support the South African Rand (ZAR) currency, local banking options and South African-friendly online casino games. Throw into the mix the many different online casino bonuses available at these sites, and it becomes quite a mission to find the best South African casinos with the biggest no deposit sign-up bonuses. SouthAfricanCasinos.co.za took it upon itself to review the best sites available for the South African market. Its team looked closely at the sign-up bonuses – both free no deposit bonuses…
As per a recent research study, over the course of the next seven years, the global online gambling & betting market is projected to grow from its 2020-2021 valuation of around $74 billion to over $158 billion. Not only that, it is also estimated that by the time 2028 comes around, the online gambling industry will continue to expand at a CAGR of 11.4%. In this regard, thanks to all of the advances that have been made in the field of digital gaming and online remittance, an increasing number of gambling enthusiasts seem to be migrating to the use of…
Launched in 2019, Apex Legends quickly rose to prominence in the gaming world with players trooping in to feel out this battle royale’s new release. The characters you can use in this game are called legends and all possess special abilities. Although this game has some semblance with battle royale’s gameplay and controls, there is still a lot to learn when it comes to playing Apex Legends because it has its unique characters and weapons. While shooting and looting are still the main focus in the game, you will need a little more than that to progress. Tactics and strategy…
An option is a type of legal contract that gives the holder a right, but not an obligation, to carry out a certain pre-determined transaction with their counterpart at a pre-determined date or dates. Options belong to the group derivatives since they are based on an underlying asset. Example: A stock option gives the holder a right to buy (call option) or sell (put option) a certain number of shares for a pre-determined price. The options contract Examples of information that should be answered by the options contract: Is this a put option (right to sell) or a call option…
2021 didn’t get off to a good start for South African businesses. With months of lock-downs behind us and no foreseeable end to the restrictions for some time to come, business is taking a knock. While the pandemic poses a severe risk to the economy, there’s a far more urgent threat. In March of 2021, the embattled CEO of Eskom, Andre de Ruyter, said that load shedding would remain in effect for the next five years. This leaves businesses asking how they’re supposed to manage their operations with regular power cuts effectively. In this article, we’ll look at one potential…
Betting is one of the leisure activities that happen to be ancient. In the past, punters had to go to betting shops to place their bets. This is no longer necessary in the current decade since one can place their bet remotely through an online platform. Online betting came to life as a result of the ever-evolving technology. The betting industry had to evolve to keep up with the current trends to ensure the industry’s survival. With the sprouting of online betting came the famous debate whether online betting is better than offline betting. Of course, each form of betting…
Betway is one of the most popular betting sites or online casinos in the world. The company has been in the gambling market for more than ten years. While the company has seen a lot of success over recent years, its start in the market was not smooth. During its first years, the company suffered some significant losses due to issues like bad management and lack of solidified processes. These issues led to a lot of complaints from clients and negative reviews. However, the company has been able to beat its rocky start and become one of the world’s most…