# Hedge Fund

Site: https://hedgefund.co.za/

## Recent posts

- [A 2013 Speech on Broken Banks Still Explains South African Money](https://hedgefund.co.za/fractional-reserve-banking-south-africa-money/): This article analyzes a viral 2013 speech by Godfrey Bloom from the European Parliament, which claims major banks are broken, fractional reserve banking is a scandal, and quantitative easing is counterfeiting. It evaluates these claims' enduring relevance to South African money and banking operations, clarifying that fractional reserve banking is the designed system, as confirmed by the Bank of England's 2014 Quarterly Bulletin.
- [Zambia's $498m Copper Plant Redefines Africa's Mineral Wealth](https://hedgefund.co.za/zambia-copper-plant-unlocks-waste-value/): This article details Zambia's $498 million tailings-leach plant, built by Konkola Copper Mines and China's NERIN Engineering in Chingola. The facility will extract 70,000 tonnes of copper annually from previously discarded mine waste using hydrometallurgical processing, marking a significant shift in Africa's mineral wealth recovery.
- [South Africa's Expropriation Act Freezes Billions in US Investment](https://hedgefund.co.za/sa-expropriation-act-freezes-us-billions/): South Africa's Expropriation Act, which includes "nil" compensation clauses, has frozen billions in US public investment. US Ambassador Leo Brent Bozell states that US agencies like the Export-Import Bank and Development Finance Corporation cannot price the investment risk, halting capital flow due to fiduciary mandates.
- [South Africans Are Turning Free Bets into Guaranteed Profit](https://hedgefund.co.za/sa-matched-betting-guaranteed-profit/): This article explains matched betting, a practice where South Africans systematically harvest promotional credit from licensed bookmakers to generate guaranteed profit. It details how R2 million has already been moved from marketing budgets into private accounts, facilitated by guided platforms that lower the barrier to entry for individuals regardless of financial literacy.