THE THIRD UMPIRE

A2X

Investec has become the second major SA bank after Standard Bank to list on the alternative exchange, bringing the number of instruments it hosts to 56 with a combined market value of R5-trillion. Roll on competition.

MANDLA LAMBA

The Financial Sector Conduct Authority has warned the public to “act with caution” when doing business with the Billionaires’ Club founder, who is alleged to be promising investors unrealistic returns.

MTN

The cellular group’s Nigerian subsidiary has secured another 10 years of operation in the West African country, its most lucrative income stream, after its operating licence was renewed by the Nigerian telecoms regulator.