BN Daybreak: NPA drops police charges; Burke defends crypto fintech; US markets bounce back

Loading player...
In today's episode, the NPA formally drops corruption charges against high-ranking police officers following unravelling testimony at the Madlanga Commission. Meanwhile, an MP breaks his silence on his fintech, Kastelo, explaining its cryptocurrency arbitrage model and denying accusations of siphoning money out of South Africa. Finally, we cover Wall Street's latest moves, where strong US services data and a surging Robinhood offset manufacturing slowdowns.
23 Aug 11PM English South Africa Investing · Business News

Other recent episodes

SA's Competition Commission has become a handbrake on the economy: Rob Rose

Bryan Brownrigg was never a currency trader. He sold foreign exchange to Standard Bank's institutional clients for 23 years. But when the Competition Commission decided that 28 banks had run a single conspiracy to rig the rand, his name went into the complaint anyway, and it took a decade and…
11 Sep 7AM 20 min

He built a $1.5bn bank. Now Revolut, Discovery Bank and PEP are circling

In this interview with Irakli Rekhviashvili, Tyme Group co-founder Coenraad Jonker gives his take on what actually protects a digital bank once the competition catches up, and why he thinks the old rules of banking no longer apply. On competitive advantage, he says: "I'm saying to my guys increasingly, I…
11 Sep 7AM 50 min