Business Archives - Page 5 of 5

BlackRock Expands Authorized Participants List for Bitcoin ETF

BlackRock, the world’s largest asset manager, has expanded the list of authorized participants (APs) for its spot Bitcoin ETF, adding esteemed Wall Street firms like Citi and Goldman Sachs. This brings the total number of APs to nine, showcasing BlackRock’s commitment to the cryptocurrency sector. The addition of these firms was disclosed through an amendment […]

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eThekwini Municipality Unveils Draft Budget Aimed at Service Delivery and Economic Growth

Business / Thabile Duma

eThekwini Municipality Mayor, Cllr Mxolisi Kaunda, presented the draft budget for the upcoming fiscal year during a full council meeting on March 19, 2024. Against the backdrop of global elections and as South Africa commemorates three decades of democracy, the budget speech emphasized the municipality’s commitment to service delivery, economic development, and infrastructure rehabilitation.

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South Africa, BRICS and Africa a New Future?

Business / Yacoob Cassim

There could be a new horizon for South Africa as the largest economy in southern Africa. As both a member of BRICS (Brazil, Russia, India, China and South Africa) and the African Union there is going to be a golden age ahead if the country under President Cyril Ramaphosa can utilize the capacity of the

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