Your security matters: iFX Brokers fraud awareness statement:
An impersonation and fraudulent activities alert has been issued by iFX Brokers Holdings.
iFX Brokers Holdings (“iFX”), a leading licensed OTC derivative provider and authorised financial services provider, has become aware of fraudulent activities involving unauthorised and unknown individuals impersonating iFX and certain of our executive board members and misappropriating parts of our brand identity, including the use of photographs of members of our executive board.
We have identified fraudulent activities occurring on platforms such as Telegram, where several scam profiles have been detected at the time of this release. The impostors have been posing as iFX’s CEO, Hannele de Necker, and representatives of iFX requesting individuals to deposit funds directly into digital wallets.
What you need to know
“For absolute clarity, as the CEO of iFX, I affirm that neither myself nor any individual associated with iFX operates any investment or earning platforms, whether online or onsite. We emphatically state that we do not solicit nor accept money from anyone for investments or participation in trading activities on any social media platform. The individuals behind this scam are pretending to represent iFX to deceive the public. They may use our name and branding to gain trust, but they are not affiliated with us in any way.”
What we have done
We have taken the following proactive and post-incident measures:
- We have opened a docket with the South African Police Services.
- We have notified both the Information Regulator and the Financial Sector Conduct Authority.
- We are posting this alert on our website and our active social media handles/profiles.
Our official communication channels
Please note that our official commination channels are limited only to the following listed communication channels:
Website: https://ifxbrokers.com/
E-mail: info@ifxbrokers.com
Telephone number: (+27) 879 44 7273
Remember, we will never ask our clients for investments or participation in trading activities on any social media platform, and we will never ask our clients to send cash transactions or transfer money to a ‘wallet’. Only contact us on our official communication channels, which is stated above.
Disclaimer
iFX, as well as any affiliated individuals, disclaim all responsibilities and liabilities for damages arising from the use of, reference to, or reliance on any information contained on Telegram or other social media platforms associated with these impostors.
We urge our clients to remain vigilant and exercise caution. Engaging with these fraudulent platforms or any materials promoted by these impostors may cause you to suffer financial losses.
Leadership heavyweights announced for Singularity South Africa Summit 2024:
New insights on leadership to be shared at Singularity Summit in collaboration with Old Mutual on 21 & 22 October 2024
Excitement is building for the highly-anticipated Singularity South Africa Summit that returns in physical form on Monday 21 and Tuesday 22 October 2024 at the Sandton Convention Centre in Johannesburg, in collaboration with Old Mutual.
Additional to the host of global and local thought leaders who will address artificial intelligence (AI) in great detail, decentralised identity, disruptive innovation, longevity mindset, scaling AI in the workplace, web3, metaverse, blockchain and the future of ESG and sustainability, a curated slate of new speakers have been added to address leadership and other topics.
The upcoming summit will feature a diverse lineup of experts addressing key themes in leadership, technology, and health. Barbara Silva, CEO Her Global Impact and Singularity Chile, alongside Mpoomy Ledwaba, Founder of Wisdom & Wellness, and Tebogo Mogadime, Investment Manager at Mineworkers Investment Company, will discuss leading innovation and the power of diverse leadership, exploring the impact of varied leadership perspectives on transformative change. Additionally, Laila Pawlak, co-founder of the Rehumanize Institute, will present on “The Future of Leadership”, further enriching the discussion on evolving leadership paradigms.
In the realm of exponential technology and its implications, Beau Williams, Engineering Lead at Africarare, and Valter Adão, CEO of Cadena Growth Partners, will lead workshops on “Blockchain Workshop” and “Beyond the Tech: The Future of Employment” respectively, offering insights into cutting-edge technologies and their broader impacts. Ashley Anthony and Dario Fanucchi, co-founders of Isazi Consulting, will jointly facilitate a workshop on “AI Supply Chains”, focusing on AI’s role in transforming productivity within organisations. Lastly, Sacha Hoedemaker, the Music Director and Composer, will engage attendees with a presentation on “Education 2030 – AI and the New Learning Frontier”, while Shayne Mann, Co-CEO of SingularityU South Africa, will provide a keynote on “Singularity – What’s Next?” to discuss the future trajectory of singularity-led concepts.
Over 1 500 delegates are expected to attend the summit that aims to equip business leaders with the knowledge and insights needed to future-proof Africa and empower the continent to achieve an abundant future. View the initial schedule here: https://singularityusouthafricasummit.org/schedule/
Celiwe Ross, Director: Group Strategy, Sustainability, People and Public Affairs at Old Mutual said: “At Old Mutual, we believe in the transformative power of technology and innovation to create sustainable futures. As a key sponsor of the SingularityU Summit, we are excited to engage with visionary leaders and innovators who share our commitment to leveraging technology for the greater good. Together, we can address global challenges and drive positive change across Africa. We look forward to collaborating and making a meaningful impact on the world, ensuring a prosperous and sustainable future for all.”
Mic Mann, co-CEO of SingularityU South Africa, said: “As we navigate this crucial juncture in business and global development, we are excited to showcase such an exceptional array of experts at the upcoming Singularity Summit. Our newly announced speakers, such as Barbara Silva with her focus on diverse leadership, Mpoomy Ledwaba exploring transformative change, and Laila Pawlak’s forward-looking perspectives on leadership, will provide delegates with critical insights to drive innovation and growth. With in-depth workshops on blockchain, AI in supply chains, and the future of employment, participants will gain a deep understanding of how to harness emerging technologies and leadership strategies for a prosperous future.”
Shayne Mann, co-CEO of SingularityU South Africa, added: “We are incredibly pleased to feature such a distinguished lineup of both local and global thought leaders at this year’s summit. The addition of experts like Sacha Hoedemaker on AI’s impact on education and Paul Pagnato’s vision for health longevity highlights our dedication to offering a holistic view of the future. This lineup epitomises Singularity’s mission to equip delegates with the tools and knowledge to help future-proof Africa, and to navigate and influence the rapidly evolving realms of technology and leadership.”
Now approaching its sixth year, and known for delivering an unrivalled corporate education experience, the 2024 Singularity Summit will be the first on the continent to host a dedicated metaverse track enabling participants who would like to join remotely to enjoy a completely immersive experience, via the Africarare metaverse.
The plans regarding ancillary events, networking opportunities, and the final programme for the SingularityU South Africa Summit will be announced in the coming months. To join the SingularityU community of changemakers, or to learn more, visit https://singularityusouthafricasummit.org/.
Ticket prices:
R 18 500 in-person, R4 500 metaverse per person, for tickets booked before midnight on 1 October. (Next tier applies thereafter).
All prices include VAT.
EFF provincial leaders to call for party constitutional change to abolish deputy positions:
As the Economic Freedom Fighters (EFF) prepare for their national elective conference in December, provincial chairpersons are advocating for a constitutional amendment to abolish the deputy positions within the party’s leadership.
The move could stunt the political ambitions of MP Mbuyiseni Ndlozi and Poppy Mailola, who are understood to have been planning to stand for the two positions of deputy president and deputy secretary general.
Four provincial leaders who spoke to the Mail & Guardian said an overhaul of the constitution to allow for this could help manage party members’ expectations and make them less impatient to assume the top positions.
The leaders said they would propose this party constitutional amendment at the party’s national people’s assembly with the confidence that they have enough support to win the discussions and votes for the amendment.
The assembly is a gathering of party branches held to elect new leaders. It is composed of 90% branch delegates and 10% provincial leaders, who are part of the central command team, the EFF’s highest decision-making body and national structure.
The move comes after former party deputy leader Floyd Shivambu defected to the uMkhonto weSizwe party, a move sparked by what the provincial leaders described as his “impatience” to become the party’s next leader.
“What we have learnt from Shivambu’s actions which led to him leaving the party is that people who hold deputy positions believe that their turn to lead in that position should come. When it does not, they get upset, stage a coup and leave, leaving us vulnerable. The best way for that not to happen is by cutting the leadership positions to four instead of six,” one provincial leader, who declined to be named, said.
“This change would help maintain stability within the EFF by ensuring that leadership roles are fewer and clearly defined, minimising conflicts that arise from unmet leadership aspirations,” another added.
But this plan clashes with the wishes of many EFF supporters who had envisioned Ndlozi stepping into the role of secretary general, with current office bearer Marshall Dlamini moving up to the deputy leader position.
“There is no need for Ndlozi to be in the top leadership. The man is brilliant in parliament. He can stay there, we will support him there, but the top four can help stabilise the party. It is just unfortunate that we already have two men at the top, and the bottom two have to go to the women as part of the party’s gender-neutral policy,” one leader said.
In 2019, the party resolved to implement a gender-neutral leadership structure, achieving a 50/50 representation with three women and three men elected to the top six at the party’s second national assembly.
Should the provincial leaders succeed in their quest to amend the constitution, this will see two men and two women taking the party forward.
Shivambu’s exit had been seen by many as an opportunity for Ndlozi to rise and occupy the secretary general position because of his charismatic personality. But the provincial leaders who spoke to the M&G dismissed Ndlozi’s aspirations, saying since he had not sought their support for the conference, they would “gladly” support Dlamini instead.
“Ndlozi is the people’s bae (beloved) and loved by many, but we are happy with our current SG and will vote in his favour any time because Ndlozi is a small fish compared to Dlamini and anyone wise enough can see that,” one said.
The leaders said while Dlamini’s supporters wanted him to get the deputy president position, they would vote for him to return as secretary general under a top-four scenario.
They would also support EFF chairperson Veronica Mente coming back to her position, together with Omphile Maotwe as treasury general.
Mente previously told the M&G that she would accept nomination to serve as a member of the party’s top leadership. Maotwe is set to return to her position for her role in rescuing the Red Berets in its time of financial need.
Dlamini rose to prominence during the party’s second national conference in 2019 after finding favour with Malema for leading successful campaigns throughout KwaZulu-Natal.
He has been credited with increasing the party’s support base in that province from 70?000 in 2014 to more than 300?000 in 2019. But in the 29 May elections the EFF’s share of the vote in KwaZulu-Natal plummeted from 9.96% in 2019 to 2.56%.
EFF Gauteng leader Nkululeko Dunga also backed Dlamini for reappointment as secretary general, asserting that he had demonstrated “beyond any doubt” his administrative competence.
Mpumalanga leader Collen Sedibe also said he was happy with Dlamini’s leadership and that he wouldn’t like to see any change in that office.
The party’s branches are racing to finalise the recruitment of members and renewal of their membership to meet the guidelines to participate in the conference before September 9.
The leaders need their provincial branches to meet a 10% minimum threshold of votes acquired in their constituency during the May elections to participate in the conference.
Following this process, branches will conduct Branch People’s Assemblies to elect their leaders, nominate delegates for the conference, and select their preferred candidates for the top positions. The newly elected leadership will also play a crucial role in the provincial chairpersons being re-elected in 2026 when the next round of provincial assemblies are held.
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