The most dangerous creature of influence.

Soqhuza
2 min readSep 23, 2022

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There most dangerous creature on the planet is a person of influence who circumvents facts to suit their agenda.

And on SA twitter the most dangerous person is Kieran Koshiek (@iamkoshiek). He had this thread going, where he pulled no punches at EasyEquities. Telling his followers that having an account with them was worthless as they “deal in fractional shares” https://twitter.com/iamkoshiek/status/1572864913126887425?t=5x1iqx_pZY4pHg7J-pOFSA&s=19

Of course the thread is not fully factual. Because the fact is EE as EasyEquities is affectionately known, makes it clear that they deal in both Whole shares and Fractional Share Rights (FSRs). But Kieran neglects to clear that point with his followers.

That is where Charles Savage the CEO of Purple Group came in and tried to educate the public about what FSRs are and the role of EasyEquities to deal in them.

https://twitter.com/CharlesHSavage/status/1572968690555158533?t=9zYOYiGqyqjF1L_o6wPjTg&s=19

My two cent opinion is that, when you want to understand something you need to go read through their terms and conditions because those are legally binding.

https://support.easyequities.co.za/support/solutions/articles/13000037367-crucial-easyequities-documents

But I am not surprised that Kieran would disparage Purple Group, he seeks to lure its clientele to his newly formed baby Altvest Cap.

I see you mate.

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Soqhuza
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South African based Financial Consultant, I write about financial wellness strategies that can help low-income earners to high income earners.