Why is Ethereum (ETH) price down today?

The price of Ether (ETH) fell on December 16 and the pre-FOMC rally to $1,350 was erased after Federal Reserve chairman Jerome Powell issued a hawkish statement following a 0.50% interest rate hike. The price of ether took a hit…

Ramaphosa plans for state company to house SOEs

In an effort to stabilize governance in parastatals, President Cyril Ramaphosa plans to create state-owned holding companies (SOHCs) to accommodate strategic state-owned enterprises (SOEs) and exercise shareholder oversight. SOHC is an entity established by the state to own/finance new SOEs…