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Eklavya Asset Managers Maintains Regulatory Compliance Amid Unresolved Public Misunderstandings

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Despite no regulatory action taken and its financial license remaining active, Eklavya Asset Managers continues to face reputational fallout after a now-removed notice on the FSCA website prompted third-party reporting. The firm seeks public clarification to resolve confusion from outdated content.

Eklavya Asset Managers, a licensed South African financial services provider (FSP 45583), confirms it has remained fully compliant and operational following a review initiated by the Financial Sector Conduct Authority (FSCA) in November 2024. Despite no sanctions or regulatory action, the firm continues to experience reputational damage due to public speculation.

The review, part of standard regulatory oversight, focused on Eklavya’s operations and its trading platform, SolisMarkets. Eklavya cooperated fully throughout the process. Since the conclusion of the inquiry, no enforcement steps, warnings, or penalties have been issued against the company or its affiliates. Eklavya’s FSCA license remains active and in good standing.

An initial statement referencing the review appeared briefly on the FSCA’s website in 2024 but was later removed. However, content based on that initial notice, including a widely circulated article published by compliance platform Moonstone titled “FSCA Investigating Solis Markets Following Complaints from Investors,” remains publicly available without context or closure. The company says this has caused ongoing reputational confusion and unjustified concern among clients and partners.

“Our clients deserve clarity,” said Dustan Cornelissen, Managing Director of Eklavya. “We welcomed the review and answered every inquiry. We’re now asking for the same transparency in return. If no wrongdoing was found and no action was taken, the record should reflect that as publicly as the initial notice did.”

Eklavya stresses that while it supports regulatory oversight and transparency, the absence of any public update confirming the matter’s closure has allowed unsupported allegations to linger. The company has formally contacted the FSCA and relevant publishers to request updated public communication that reflects the complete picture.

In the meantime, Eklavya continues to operate in full compliance. Licensed in 2013, the firm provides investment advisory, wealth management, and trading services to private and institutional investors across South Africa. Its platform, SolisMarkets, has also remained fully functional and compliant.

Eklavya has intensified internal communication and compliance practices to reassure stakeholders, including adopting broader disclosure protocols, enhancing oversight mechanisms, and launching new client tools such as its AI-based “Market Pulse” system. The firm also expands inflation-hedged and cross-border solutions to serve investors better amid ongoing economic uncertainty.

Plans are also underway to open a regional office in Namibia by late 2025, with further expansion into the SADC region expected by 2027.

“This has been a reminder of how quickly incomplete information can take on a life of its own,” Cornelissen added. “We stand by how we’ve handled the review process and continue to operate with the highest standards of integrity.”

Eklavya encourages the media and the public to reference the firm’s current regulatory status via its FSCA registration (FSP 45583) when evaluating online content related to the matter.

Visit the Eklavya Asset Managers website to learn more about the company’s regulatory compliance and service offerings.

About Eklavya Asset Managers

Eklavya Asset Managers is a registered financial services provider based in South Africa. It offers comprehensive asset management services tailored to client-specific goals and risk profiles. With an emphasis on regulatory compliance and client education, Eklavya aims to build long-term relationships based on trust and transparency. The Financial Sector Conduct Authority (FSCA) licenses the company under FSP license number 45583.

For more details, contactDustan Cornelissen, Managing Director, Eklavya Asset Managers, at mgmt@eklavya-am.com.


Media Contact:

Company Name: Eklavya Asset Managers

Contact Person’s Name: Dustan Cornelissen, Managing Director

Company website: www.eklavya-am.com

Contact Email Address: mgmt@eklavya-am.com

Country: South Africa

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Cut USDT Transfer Fees – Rent TRON Energy with TronZap

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Say goodbye to TRX burn and high USDT transfer fees. With TronZap, you can now rent TRON energy instantly – secure, fast, and non-custodial.

Dubai, UAE, 2nd May 2025, ZEX PR WIRE, TronZap, a fully automated energy rental platform on the TRON blockchain, is actively serving users worldwide — allowing users to buy Tron energy instantly and reduce TRON network transaction fees by up to 4x. Whether you’re sending USDT, deploying smart contracts, or building dApps, TronZap ensures you have the energy resources you need — without freezing your own funds or exposing your wallet.

Backed by a rock-solid infrastructure and available globally 24/7, TronZap is already becoming the go-to platform for developers, traders, and power users across the TRON ecosystem.

Avoid “OUT_OF_ENERGY” on TRON: Why You’re Burning TRX and How to Save It

TRON is a high-throughput blockchain where every transaction requires bandwidth and energy. While bandwidth is used for basic transactions, energy is consumed by smart contract executions, like USDT transfers.

Here’s the catch: if your wallet doesn’t have enough energy, the TRON network burns your TRX to compensate — and the transaction still goes through.
In that case, you’ll see an “OUT_OF_ENERGY” error, and your TRX balance will be reduced to cover the energy cost.

For example, a simple USDT transfer without energy can cost up to 13.4 TRX — which might seem minor, but quickly adds up for active traders, on-chain gamers, or DeFi users.

Many ask, “How to buy Tron energy?” — and that’s where TronZap comes in with a simple, no-login solution.

Introducing TronZap: Fast, Affordable, Tron Energy Rental Service

TronZap allows users to buy Tron energy on-demand by sending a small TRX payment — no registration, no private key access, no wallet connection. Within 60 seconds, energy is delegated to the user’s wallet via TRON’s native delegation system.

“We stake our own TRX and lend out energy to users in real time,” said the TronZap team. “Our mission is to make energy rental on TRON instant, transparent, and frictionless.”

With TronZap, a USDT transfer can cost as little as 3.7 TRX — compared to 13.4 TRX without energy. This near-4x cost reduction can significantly improve the experience for frequent traders, on-chain gamers, and dApp users.

Scalable, Secure, and Developer-Friendly

TronZap is fully non-custodial. Users never need to share their wallet credentials, and all interactions are handled by smart contract-based delegation. With instant delivery and always-on uptime, TronZap is engineered for performance.

The platform also supports developers and TRON ecosystem builders with a full suite of integration tools:

  • Tron Energy API: Programmatic access to energy rentals with flexible options for high-volume operations.
  • Tron Energy SDK: Open-source libraries in popular languages to help developers embed energy management into their wallets, bots, or apps.

This makes TronZap ideal for wallets, exchanges, on-chain games, NFT platforms, and DeFi apps that want to reduce friction for users and maintain consistent TRON network performance.

Try TronZap Now

Whether you’re a retail user sending USDT, a developer launching contracts, or a crypto project scaling fast, TronZap is built for you. You can get started in under 60 seconds — just visit https://tronzap.com or use the official Telegram bot to rent energy directly from your phone.

“Stop burning TRX. Start renting energy. If you’re on TRON, TronZap is the most efficient to power your transactions and reduce USDT transfer fees,” says the team.

For more updates, follow us on Telegram: @tronzap_bot

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NCM Powers to Victory in Thrilling KCC T10 Trophy Final

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Kuwait City, Kuwait, 2nd May 2025, ZEX PR WIRE, NCM, in collaboration with Al Hajri Group, celebrated a stunning victory in the finals of the prestigious Late Riaz Choudhry T10 Trophy 2025, organized by the Kuwait Cricket Club. The NCM team defeated Al Mulla Exchange by a commanding 25 runs in an exciting final match.

Facing a challenge after Al Mulla Exchange won the toss and elected to bowl, NCM posted an impressive total of 112 runs in their 10 overs. The innings were spearheaded by explosive batting from Nimish Latheef, the team’s highest scorer, with crucial support from Shiraz Khan.

NCM’s bowlers then took charge, restricting Al Mulla Exchange to 87 runs in their allotted 10 overs. Mohammed Adnan delivered a standout performance, clinching two vital wickets in the opening overs and setting the tone for NCM’s defense. His crucial contribution earned him the well-deserved Man of the Match award.

“This victory is a testament to the team’s dedication, skill, and collaborative spirit,” said Khurram Sayeed, Global CEO of NCM. “Partnering with Al Hajri Group for this tournament has been a great success, and we’re incredibly proud of the team’s performance throughout the T10 Trophy matches. It reflects the commitment to excellence we uphold at NCM.”

The successful tournament highlights NCM’s commitment to community engagement and the spirit of high performance.

About NCM:

NCM is a leading Forex and CFD Broker, operating regulated businesses in multiple key jurisdictions including Kuwait, UAE, UK, Jordan, Turkey, Malaysia, and Mauritius (Partner Entity). Founded in Kuwait in 2009, NCM Group has a proud history spanning nearly two decades and is recognized as a pioneer in online trading in the Middle East. The company provides clients with robust trading platforms, diverse financial instruments, and a commitment to exceptional service and market expertise.

With over half a dozen global offices and a workforce of more than 200 employees representing over 25 nationalities, NCM continues to expand its global footprint.

NCM’s global multi-asset online trading platform offers clients trusted and intuitive access to international financial markets. It features a diverse product offering, including CFDs in forex, metals, shares, commodities, stocks, indices, and cryptocurrencies, equipping its diverse client base with the tools needed to navigate financial markets with confidence and success.

Kuwait: https://www.ncminvest.com/

UAE: https://ncmfinancials.com

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CIOFAME Magazine Unveils Special Edition: The 5 Most Visionary CEOs to Follow in 2025

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CIOFAME Magazine proudly announces the launch of its exclusive edition, “The 5 Most Visionary CEOs to Follow in 2025,” spotlighting the bold thinkers and transformative leaders who are redefining the future of business and innovation.

This edition celebrates Amit Gaur, the dynamic CEO of Artificial Intelligence Technologies Limited, trading as Ezipay, as the cover feature. Gaur’s mission to revolutionize fintech and digital payments across emerging markets has positioned him as a true trailblazer in the industry.

The issue also features in-depth profiles of:

  • Philip Portman, Founder and CEO of Textdrip, whose cutting-edge communications platform is streamlining how businesses connect.
  • Catherine Li-Yunxia, a globally recognized CEO and C-suite coach, empowering leaders worldwide with her executive expertise.
  • Kelvin Mun, CEO of Swiftly Pte Ltd, driving smart mobility solutions across Asia.
  • Emily Bergh, the creative force behind R Public Relations Firm, LLC, transforming brand narratives through authentic and purpose-driven storytelling.

Accompanying these powerful profiles are two thought-provoking features:

  • “Vision Meets Action: How Modern Leaders Are Driving Real-World Impact”, a deep dive into how today’s CEOs are turning bold ideas into measurable outcomes.
  • “Innovation From the Top: How Today’s CEOs Are Rethinking R&D”, offering insights into how forward-thinking executives are reshaping the future through strategic innovation.

This special edition highlights the synergy between vision and execution—showcasing how today’s leaders are building agile, tech-driven, and socially conscious businesses that lead with purpose.

Click here to read the entire cover story article: https://ciofame.com/amit-gaur-redefining-innovation-in-a-digitally-driven-economy/

Edition: https://ciofame.com/the-5-most-visionary-ceos-to-follow-in-2025/#flipbook-df_2902/1/

CIOFAME continues its mission to spotlight leadership excellence, entrepreneurial foresight, and the evolution of modern business across industries and continents.
 We are your premier source for business-related news and insights from around the globe. Our mission is to deliver invaluable knowledge across various industry verticals through in-depth interviews and comprehensive news coverage. We aspire to be the go-to resource for understanding the growth potential within the markets we cover.

For media inquiries or interview requests, please contact:
Email:  help@ciofame.com
Website: www.ciofame.com 

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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