The integration of cryptocurrencies into South Africa’s financial ecosystem is rapidly accelerating, marked by a significant new partnership: Discovery Bank has announced a deal with crypto platform Luno to allow its customers to trade digital assets directly online. Read: Valve unveils Steam Frame, a wireless standalone VR headset This move is the latest indication that…
Discovery Bank CEO Hylton Kallner Discovery Bank is adding the ability for its clients to trade in cryptocurrencies directly in its banking app. The launch on Thursday of the crypto facility follows the signing of a new agreement between Discovery Bank and crypto exchange operator Luno, which will serve as the bank’s partner for the…
JSE CIO Tebalo Tsaoeli Changing the JSE’s operating cycle from the current nine hours (9am-5pm on weekdays) to 24/7 trading would require changes to the local bourse’s operating model to account for the technological resources currently not available after hours, according to JSE CIO Tebalo Tsaoeli. Business Day in July reported (paywall) that the JSE…
The vast and dynamic economic landscape of Africa offers rich data that can transform trading strategies. Understanding economic indicators such as GDP growth and inflation rates is crucial for informed decision-making. These metrics, combined with analytical tools, empower traders to navigate complex markets with precision. The role of economic indicators in shaping trading decisions is…
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