The CLARITY Act, the crypto market structure bill that's reaching its do-or-die moment in Congress, has hit a major snag: Coinbase CEO Brian Armstrong said today that the White House told him to go and reach an agreement on stablecoin yields with the banks.
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SPONSORED | The bank’s partnership with crypto exchange Luno shows traditional finance can no longer ignore digital assets.
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Traditional money rules like “save more” and “buy property early” still matter, but today’s realities (rising costs, job insecurity, inflation) call for smarter strategies. Use credit wisely, invest early, and plan beyond savings for lasting stability. https://t.co/hq4wApQr0D
Remember that the ANC's interests have always come before those of South Africa. Cyril has said so himself, when asked about party unity. The @MYANC is our problem, not America.
Criminals are coming after your banking apps. If your phone is stolen, first call your bank to de-link your app, then cancel your SIM. Protect your finances first! https://t.co/LWgcydm3h4
So this law will empower our wonderfully ethical, honest and non-corruptable mayors and city managers to decide on what may be expropriated?
What can possibly go wrong...?
Don't be so hard on Old Mutual, someone whispered in my ear. Liberty Life Evaluate fund (R1,6bn), used in company pension funds, shows a CAGR of 3,68% p.a. over 10 years. Total Investment costs 3,57%.! No wonder investors will have to work until 80. And they not the only ones...
The industry can prove anything it wants to prove. If you think you may be emigrating then RAs are not to be touched. Rather use your R1m SDA allowance and get the money offshore ASAP.The local retirement industry will never recommend this.
The retirement bomb has finally burst. Sanlam now says people will have to work until 80. But they don’t say anything about Reg 28 which is a major contributor to the situation.
Market hasn’t yet grasped how profound this Chinese development is. Nvidia surely is overvalued. And the energy stocks that power AI data centres. Only way out for companies like ChatGPT, Grok and Meta is to make their solutions 20X better without any more capital expenditure. Race is on.
The biggest wealth transfer in history is coming.
By 2034, AI "agents" will:
• Replace 70% of office work (McKinsey)
• Add $7 trillion to the global economy (Goldman)
Most jobs will become obsolete.
Here's what you need to know (& how you should prepare)🧵
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RT @the_gregdavies: Jeff Bezos 1997 Interview https://t.co/VMq9OQHlFR via @YouTube
“You can go to Switzerland where everything works but there’s no opportunity. Or you can go to South Africa where nothing works but there’s plenty of opportunity” – Gerrie Fourie, Capitec CEO
There are many ways to skill up on our #IBM#PowerSystems offerings including access to our Client Experience Centers which provides access to SME, briefings, workshops etc..
Power Systems Training Options are at Your Fingertips | IBM Systems Media https://t.co/ByAL1YdmbF