Online trading in South Africa has entered a new phase of maturity. Over the past decade, retail participation has surged, driven by greater access to financial education, improved connectivity and a growing appetite for global markets. South Africans are no longer passive observers of international financial trends. They are active participants, seeking platforms that offer…
Reformation Inc. signage as traders work during the company’s initial public offering (IPO) on the floor of the New York Stock Exchange (NYSE) in New York, US, on Thursday, July 30, 2026. Michael Nagle | Bloomberg | Getty Images Women’s clothing retailer Reformation began trading on the New York Stock Exchange on Thursday at $15…
Eskom’s distribution business is preparing to participate in SA’s emerging competitive multi-market environment. (Image source: iStock) National Treasury’s eTenders Portal rebounds this week, with representations from national and provincial government departments dominating the edition. However, it is a request for information from state electricity utility Eskom that takes top spot. In its documentation, the business…
Eskom CEO Dan Marokane. Image: Eskom New rules governing electricity trading in South Africa are imminent, Eskom CEO Dan Marokane has said, while defending the utility’s controversial court challenge over trading licences and suggesting critics who call it anticompetitive either haven’t read the draft rules or have “read them and not understood them”. In an…
SpaceX on Thursday set its final IPO price at $135, the last stage in a long running process to bring Elon Musk’s space and AI conglomerate public. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. The company, which also owns the X social media network, will begin trading…
Prediction platform says it will seek employment information for markets at ‘heightened’ risk of manipulation. Published On 10 Jun 202610 Jun 2026 Prediction market company Kalshi has announced a series of measures to prevent insider trading following allegations of market manipulation on the platform and rival sites, including a requirement that some users disclose their…
Michele Spagnuolo allegedly used insider information to profit from bets on people on Google’s most-searched list. Published On 28 May 202628 May 2026 A Google software engineer has been charged with fraud by US authorities after allegedly using insider information to win more than $1.2m in bets on the prediction market platform Polymarket. Michele Spagnuolo,…
Mark Diuga, CEO of Bitexen South Africa. Digital asset platform Bitexen has entered South Africa’s crypto market after 18 months of setting up a local presence. According to the Türkiye-headquartered company, over the past 18 months, it has been preparing regulatory processes, operational groundwork and establishing banking relationships. The move, it says, signals a shift…
A US Army Special Forces master sergeant, Gannon Ken Van Dyke, has been arrested for allegedly using classified military intelligence to orchestrate a lucrative insider trading scheme on the prediction marketplace Polymarket. Van Dyke is accused of leveraging his direct involvement in the planning and execution of the operation to capture former Venezuelan President Nicolás…
More than 10 investigations underway as the Financial Sector Conduct Authority highlights systemic risks in trading platforms. (Image created via Gemini) The Financial Sector Conduct Authority (FSCA) has intensified its scrutiny of online investment and trading platforms, with more than 10 active investigations underway, amid mounting consumer complaints. Speaking during a roundtable discussion last week…
