Business News %%item_full_content%%
Read More
Related Posts
SA banks to issue new loss-absorbing debt to prevent bailouts
- cnnnews
- September 13, 2024
- 0
South Africa’s largest banks will start issuing a new class of loss-absorbing debt, known as financial loss absorbing capacity (flac) instruments, from January, Moody’s Ratings reports. Designed to enable the orderly resolution of struggling banks, these instruments can convert to equity in a “bail-in” scenario, avoiding taxpayer bailouts. The central bank estimates that the top
Russia Expands Digital Ruble Pilot With New Features: Widespread Use Expected in 2025
- cnnnews
- September 9, 2024
- 0
Russia Expands Digital Ruble Pilot With New Features: Widespread Use Expected in 2025 » …
BNIC#1 Piet Viljoen: “Lollapalooza” outcomes, ridiculously bad investments and strategic insights
- cnnnews
- September 18, 2024
- 0
In his keynote session at BNIC#1 in Hermanus, Piet Viljoen reflected on both good and bad investments, emphasising how bad investments can cause significant losses, while “Lollapalooza” outcomes—extremely profitable investments—are rare but attainable. He suggested inverting investment strategies, avoiding bad decisions, and seeking undervalued opportunities like energy stocks or South African equities for potential Lollapalooza