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PointPay: Staking will completely replace mining According to Staked, as of Q2 2021, the market capitalization of all coins locked in stake was $359 billion. The number of cryptocurrencies in the market operating on the algorithm PoS (proof-of-stake) according to PointPay already exceeds 24%. The annual payout for staking in 2021 exceeds $12.5 billion. PointPay …
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Kuda Tagwirei Donates Houses Worth US$300 000 To Dynamos, Highlanders Football Legends Businessman Kuda Tagwirei has donated houses worth US$300 000 to three Dynamos and Highlanders football legends: the late George “The Mastermind” Shaya, Moses Chunga and Madinda Ndlovu. Shaya’s family will receive a house worth US$120 000 while Chunga and Ndlovu will receive …
Forex Regulations in South Africa Forex Trading is Exploding in South Africa – But Why? Trading foreign exchange currencies is not just a lot of fun, but also has the potential to be tremendously lucrative and profitable – so long as you know what you’re getting into! South Africa is seeing a huge uptick …
How to dodge common Financial Mistakes made by small businesses Today, small-scale businesses are on the rise. With innovations and technology, business ideas are easier to develop and implement. However, there’s no guarantee that your business will succeed – not every company launches deals like Spectrum mobile plans and sees instant success. In fact, most small-scale businesses fail because they fall prey to financial blunders. Don’t be a part of this majority. Learn …
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What you should know about capital gains tax as a South African tax-payer? The absence of a CGT can cause many distortions in an economy by encouraging taxpayers to convert otherwise taxable income to tax-free capital gains. South African Revenue Service observed that sophisticated taxpayers had engaged in conversion transactions before, which eroded the individual …
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You Can Now Buy Forex At Official Rate From Bureaux de Change: RBZ In a great development, the Reserve Bank of Zimbabwe has announced that individuals will now be able to buy forex from bureaux de change at the official rate. Given that the official rate is almost half of that prevailing on …
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https://www.pexels.com/photo/unrecognizable-beekeeper-harvesting-honey-in-apiary-5247994/ Are you already bottling your own honey to stock your pantry? Or give as gifts to beloved friends and family? In this case, now could be the best time to take your honey business to the next level. There’s a lot you can make with honey, beeswax, and a little creative imagination. Please ensure …
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New Microsoft and Invest India partnership – What does it mean for tech startups? Microsoft, a multinational technology company based in the United States, has partnered with Invest India, India’s national investment promotion & facilitation agency. This partnership will help support Indian tech startups. Microsoft for Startups will be working with the Government’s Accelerating growth …
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The mining sector is one of the most popular sectors for investing around the world. It is so because the mining stocks are able to produce a steady stream of income in long term, as well as short-term investments. The mining stocks sector is in fact split into two distinct groups, they are majors …
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Factors Behind The Gold And Silver Flash Crash A highly unusual situation took place in precious metals recently, brought forth by a perfect storm scenario, an abundance of stop losses, and more. It resulted in one of the most volatile moves in the long-standing history of gold and silver – a move that was over …
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