BizNews BizNews Radio

More than 3m South Africans trade in crypto currencies on one platform; Bitcoin draws crowds, says Luno

Loading player...
Joining Jackie Cameron of BizNews to talk about the explosive growth of crypto currency trading in Africa - and in particular South Africa - is Marius Reitz, Luno’s Africa General Manager. Bitcoin’s price could exceed $50,000 over the longer term as the digital asset vies with gold for investment flows, according to cryptocurrency exchange Luno and brokerage OSL. Bitcoin quadrupled last year, eventually reaching an all-time high of almost $42,000 in early January before sliding back. The rally split opinion, with some commentators pointing to increased interest from long-term investors and others citing speculative buying. Learn more about your ad choices. Visit megaphone.fm/adchoices
27 Jan 2021 7AM English South Africa Investing · Business News

Other recent episodes

Roy Tilley: The municipal "Rates Randage Monster" strangling South Africa's property owners

Durban businessman Roy Tilley says a deeply flawed municipal rates formula is pushing property owners and small businesses toward a financial breaking point. In this interview, the Queensmead industrial property owner explains why he believes ever-rising rates are becoming impossible to absorb, hurting tenants, jobs and investment, and argues that…
10 Apr 9AM 20 min

BNC#8: Magnus Heystek Q&A - The brutal truth about South Africa’s financial future

A sharp, no-holds-barred conversation on South Africa’s financial reality - rising offshore limits, shrinking property values, and the struggle for economic revival. From Johannesburg’s decline to gold’s surge, and investor psychology to policy failures, this discussion cuts through the noise. It’s a candid look at risk, resilience, and the tough…
10 Apr 6AM 34 min

Boardroom Talk: What to make of yesterday's massive market surge

In this Members Only episode of Boardroom Talk, Alec Hogg unpacks one of the most dramatic 24-hour market reversals in years. After weeks of geopolitical tension driven by the Iran conflict and soaring oil prices, a surprise ceasefire triggered a powerful global rebound — with the JSE leading emerging markets…
9 Apr 11AM 15 min

BNC#8: Anthony Ginsberg Q&A - Inside the $1 trillion deal, US tensions and urgent call to act

Sitting down with Alec Hogg, Anthony Ginsberg discusses South Africa’s economic future, global positioning, and urgent need for pragmatic leadership. From strained US relations and missed trade opportunities to AI disruption and investment potential, the discussion highlights both risk and opportunity. With billions in foreign capital waiting, the message is…
9 Apr 8AM 40 min
All episodes