National

A SNAPSHPT OF THE FAANG LANDSCAPE

“All eyes at the moment are on Microsoft,” remarks Razak, setting the stage by highlighting Microsoft’s remarkable ascent, reaching record highs at around $380 per share. I attribute this surge to the integration of AI with strategic acquisitions made by Microsoft in recent years.
Microsoft is currently showing no signs of slowing down, underscoring its pivotal role in propelling the markets to new heights”.

The Bright Future of Harnessing Solar Power

Amid rising electricity tariffs and unprecedented loadshedding in 2023, homeowners are turning their gaze toward the sun for energy solutions. Solar power has rapidly transformed into a beacon of hope for many homeowners seeking sustainability, savings in electricity costs, and a brighter future for their homes. Picture your home, bathed in the gentle glow of the sun, powering itself while reducing your carbon footprint.

Protecting your business in a high interest rate environment

“Have interest rates peaked? The answer is a resounding no.”

These were the words of Reserve Bank Governor Lesetja Kganyago in July 2023. The bank cautioned that the longer-term outlook remained uncertain amid the electricity and logistical issues, as well as the pressure on food prices. All these factors pose a risk to inflation and spending. This in turn affects our businesses.

RECENT LEGAL TROUBLES FOR CRYPTO

The cryptocurrency landscape was rocked recently when the US Securities and Exchange Commission (SEC) took legal action against Coinbase and Binance – two of the largest crypto exchanges – regarding market capitalisation. This development has sent shockwaves throughout the crypto world and traditional banking systems. Fred Razak, Chief Strategist at CMTrading, shares his thoughts on crypto sector challenges.