Trive South Africa Names Jimmy Moyaha as Non-Executive Director
Trive South Africa appointed Jimmy Moyaha as its new Non-Executive Director, adding a seasoned financial expert to its leadership team. Moyaha is the current Founder and Managing Director of Lebowa Capital.
Moyaha, a well-known figure in South Africa’s financial sector, brings years of regulatory and strategic experience. He currently manages Lotus Academy as the Founder. According to his LinkedIn profile, this academy is an online educational platform for financial instruments.
“I'm thrilled to take on this new advisory role within Trive South Africa, said Moyaha in a LinkedIn post today (Tuesday). “I have dedicated years of my life to understanding the laws and regulations of this industry, especially on the African continent. I've always advocated for a better industry for all who operate in it.”
Experience From Major Industry Brands
Moyaha has built a strong reputation through his work with major financial platforms, including MoneyWeb and the Financial Sector Conduct Authority (FSCA).
His career background also includes a role as an Independent Consultant at Axi and extensive experience with IG. According to the company, Moyaha's role at Trive South Africa aligns with its broader strategy of enhancing leadership and strengthening market presence.
As Trive expands its services in the region, it highlighted how Moyaha’s expertise will play a key role in shaping regulatory strategies and industry best practices.
Industry Insights and Views
While commenting about the regulations of trading signal providers last year, Moyaha said: “Signals are advisory in nature,” he added, “as they provide clear price levels and risk management parameters for those taking the signals. Advisory services have always been regulated services.”
“The FSCA has, on numerous occasions in the past, that signal providers need to be appropriately licensed and regulated to offer those services,” Moyaha added. “This first fine demonstrates the potential consequences of not having the correct regulation in place as a service provider.”