Latest news with #AlanCampbell
eNCA
09-05-2025
- Business
- eNCA
Stimulus package announced for tourism
JOHANNESBURG - Government has announced a R6.5-million boost for the tourism industry. It hopes this will attract more visitors to the country. READ: Durban hosts two major tourism events ANEW Hotels & Resorts says this should be viewed as a foundation and not a finish line. The resort says it should open doors to growth for provinces like Limpopo and the Eastern Cape and not just reinforce the dominance of already successful destinations. Sales and Marketing Director, Alan Campbell, discussed this with eNCA.
Yahoo
14-03-2025
- Business
- Yahoo
Lukka and CoinDesk Indices to Offer Composite Ether Staking Rate
U.S.-based digital asset data provider Lukka has teamed up with CoinDesk Indices to integrate the Composite Ether Staking Rate (CESR) into its offerings. The CESR will capture the mean annualized staking yield earned by Ethereum validators including consensus incentives and priority transaction fees. Financial institutions, asset managers and analysts can use the CESR as a benchmark for relative ether staking performance "Our collaboration with CoinFund on CESR delivers a critical benchmark for Ethereum staking, offering institutions a trusted and standardized rate," said Alan Campbell, president at CoinDesk Indices. Dan Husher, chief data product officer at Lukka, added that the deal illustrates a "higher standard for institutional crypto data." Ethereum staking has ballooned since the blockchain transitioned from a proof-of-work to proof-of-stake consensus mechanism in September 2022. There is currently $37 billion in total value locked (TVL) across liquid staking protocols, which let users earn additional yield through the issuance of liquid staking tokens (LSTs). "Ethereum's change to proof of stake transformed blockchain security from a commitment of computing power to a financial commitment," said Andy Baehr, CFA, head of product and research atCoinDesk Indices. "Since the staking rate, effectively a utility yield for posting ETH to the network, is accessible and measurable, it becomes an integral part of the investment case for ETH." UPDATE (16:45 UTC, March 12): Adds quote from Andy Baehr. Sign in to access your portfolio
Yahoo
19-02-2025
- Business
- Yahoo
Zerocap Launches Australia's First Tailored Crypto Product Linked to CoinDesk 20 Index
HONG KONG - Australian digital assets market maker Zerocap has partnered with CoinDesk Indices to offer Australia's first options-based structured products on the CoinDesk 20 Index (CD20), the company said at Consensus Hong Kong. The partnership introduces sophisticated and tailored investment strategies usually found in traditional markets, a significant advancement for the cryptocurrency industry. It will allow institutions and other sophisticated market participants to take risk-managed diversified exposure to digital assets that go beyond just bitcoin and ether while offering additional features like downside protection, volatility management and yield enhancement. The new offering demonstrates the increasing demand for scalable and diversified institutional-grade cryptocurrency products following the debut of spot ETFs in the U.S. last year. The CoinDesk 20 Index, which has surged 456% over the past five years, provides a diversified alternative to the standard 70/30 bitcoin-ether portfolio split by broadening exposure to other leading crypto assets. "This partnership with CoinDesk Indices brings sophisticated, structured options to the crypto market for the first time, offering our clients enhanced ways to invest in digital assets with tailored risk and diversification benefits," said Mark Hiriart, head of sales at Zerocap. Alan Campbell, President of CoinDesk Indices, said the CD 20 Index caters to the growing demand for diversified digital assets exposure and Zerocap's decision to debut structured products tied to the same is a significant step forward in serving global clientele.
Zawya
19-02-2025
- Business
- Zawya
Will South Africa's 2025 budget speech fulfil tourism's potential?
As South Africa looks ahead to the 2025 Budget Speech, there is optimism that this year's fiscal plan will mirror the positivity seen in the President's recent State of the Nation address. Alan Campbell, Sales and Marketing Director at ANEW Hotels & Resorts is hopeful that the Budget will tackle critical structural challenges hindering growth in the tourism and hospitality sectors. Despite contributing approximately 8.2% to the country's GDP in 2023, the tourism and hospitality industry faces significant barriers, according to Campbell. "Tourism is not just a sector - it is a driver of social upliftment, a creator of jobs and foreign exchange earnings, yet heading towards the budget speech, we hope that the positive focus areas highlighted at SONA will materialise in the Minister of Finance's address," says Campbell. "On the one hand, President Cyril Ramaphosa has emphasised the importance of tourism to South Africa's economic recovery, citing its role in employing approximately 1.5 million people. But this has yet to play out in terms of engagement with the private sector or a significant shift in the support of the industry, in past budget speeches." Campbell says the disconnect between the sector's recognised potential and the strategic use of resources highlights an urgent need for a more focused, actionable approach. "If tourism is truly a foundation for South Africa's economic recovery, it requires not just verbal support but also concrete investment, strategic planning and a clear mandate for entities like SA Tourism." 'The government must empower these organisations with the budget, infrastructure and political will to execute ambitious growth plans. Equally, there is a need for greater accountability and efficiency to ensure that allocated funds are utilised effectively." Job creation through tourism He says with South Africa recently achieving its highest-ever matric pass rate, there is an urgent need to create job opportunities for young people entering the workforce. "Tourism presents a unique opportunity for large-scale employment across various skill levels. However, without strategic investment, this potential will remain untapped. Other African nations are already outpacing South Africa in seizing these opportunities, making it imperative for the country to become more competitive in this space." Campbell says they welcome the President's commitment to allocating R940 billion to infrastructure investment but questions whether the focus will be on the areas that require significant tourism support. 'Unreliable transport systems, poorly maintained roads and limited connectivity in rural areas continue to frustrate both tourists and operators, disproportionately impacting small businesses and community-based tourism initiatives in underdeveloped regions like Mpumalanga, Limpopo and the Northern Cape. "These regions with their rich cultural and natural attractions hold significant tourism potential and a portion of the budget should prioritise improving critical infrastructure such as roads, airports and public transport systems,' Campbell emphasises. Public-private collaboration needs strengthening Collaboration between the public and private sectors also requires significant attention. "While smaller-scale partnerships have shown promise, there has been limited progress on large-scale initiatives," Campbell says. "Rejuvenation plans for the Durban CBD fuelled by private sector involvement hint at what could be achieved with a more strategic approach. SA Tourism and government entities must actively engage private stakeholders to co-develop a robust tourism strategy, leveraging shared resources and expertise to create jobs and drive economic growth." Globally, tourism marketing budgets are increasing, yet South Africa's spend on destination marketing remains relatively stagnant. "In 2024, competitors like Kenya and Morocco outpaced us with digital marketing campaigns targeting high-value travellers. The government must increase funding for South African Tourism to execute dynamic global campaigns, particularly in emerging markets such as China, India, and the Middle East while also focusing on regional travel from neighbouring countries." Campbell says the tourism and hospitality sectors have proven their resilience time and again but that resilience alone is not enough to drive growth. "The 2025 Budget must demonstrate bold action, with allocations that address systemic challenges and catalyse new opportunities. The right budgetary support in 2025 could be the turning point that ensures tourism and hospitality flourish." All rights reserved. © 2022. Provided by SyndiGate Media Inc. (
