Financial Mail published an article on 7 May 2020, “Ecsponent: Blue Financial 2.0? (https://www.businesslive.co.za/fm/money-and-investing/2020-05-07-ecsponent-blue-financial-20/)”, which raised the concern that R2.1bn may go up in smoke since the firm’s main asset, MyBucks, is  in a precarious position.

Dave van Niekerk, the former CEO of Blue Financial and founder of MyBucks, which was purchased by Ecsponent, is concerned by the way he was depicted in the article, and complained that his views weren’t sought before the article was published...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.