Classic Business

View from the market

Charl Bester, wealth & portfolio manager at Kruger International & Simon Brown, founder of Just One Lap

5 Oct 2020 12PM 16 min

View from the C-Suite

In this weekly feature Michael Avery gets up close and personal with South Africa’s business and political economy leaders, to uncover what makes them tick, keeps them up at night and keeps them going through the Covid storm. Michael Avery’s guest this week has made his way through FirstRand group…

2 Oct 2020 12PM 11 min

View from the market and economy

Warwick Lucas, CIO of Galileo Asset Management & Prof Raymond Parsons, from School of Business and Governance at North West University

2 Oct 2020 11AM 16 min

Roundtable: Structured products

Brian McMillan, head of structured products at Investec Corporate & Institutional Banking; Darryl Hannington, portfolio manager at Anchor Capital & Melissa Dyer, managing director at Harbour Wealth

1 Oct 2020 12PM 24 min

Sustainability feature: Sharpening the tools on sustainable investing

At the Morningstar Investment Conference 2020 Michael Avery heard that total investments with a focus on (ESG) principles are estimated at US$30 trillion. That equates to 1 of every 3 investment dollars. ESG principles have been adopted to some extent by 86% of S&P 500 companies. And the pressure on…

1 Oct 2020 12PM 9 min

Digital Economy Part 2: Ozow introduces two new online payments

Mitch Adams, head of research & development and co-founder of Ozow digital payments company

1 Oct 2020 12PM 2 min

Digital economy feature Part 1: 5G will boost economy

Communications regulator Icasa has finally invited mobile operators to apply to bid for spectrum for 4G and next-generation 5G networks from 02 October, with the country’s first-ever auctions expected to take place by the end of March 2021. Allocation of frequency bands for wireless communication is seen as key to…

1 Oct 2020 12PM 4 min

Municipalities have to clean up their acts

William Gumede, Associate Professor, School of Governance at Wits & author of Restless Nation: Making Sense of Troubled Time

1 Oct 2020 12PM 7 min

The Brandfather

Jeremy Sampson, MD of Brand Finance Africa

1 Oct 2020 12PM 8 min

Covid-19 Dashboard

Prof Adrian Puren, head of the Centre for HIV and STIs at NICD

1 Oct 2020 12PM 4 min

Retirement feature: Don’t rush investment decisions in times of uncertainty

Bjorn Ladewig, longevity actuary at Just SA

1 Oct 2020 12PM 6 min

View from the market

Chantal Marx, head of equity research at FNB Wealth and Investments & Petri Redelinghuys, founder of Herenya Capital Advisors

1 Oct 2020 12PM 15 min

Roundtable discussion: Steel price debate

Kobus Verster, CEO of ArcelorMittal SA, Gerhard Papenfus, CEO of the National Employers Association of South Africa and Nicolette Skjoldhammer, MD of Betterect (Pty) Ltd

30 Sep 2020 1PM 26 min

TFG Jet Deal

TFG has had an interesting few months, with a successful rights issue and emerging with the bulk of Edcon’s 382 SA JET stores (and 4,800 employees) transferred to TFG as of 25 September. While the Botswana, Namibia, Lesotho and eSwatini store base is still waiting on regulatory approval, the bulk…

30 Sep 2020 12PM 12 min

Capitec interim results

Capitec delivered earnings at the bottom end of the guided range, but a strong operational performance at the interim stage. The significant decline in HEPS year-on-year was driven by credit impairment charges which increased threefold to R6bn. Underlying operations of the business remained resilient under Covid-19 with pre-provision operating profit…

30 Sep 2020 12PM 11 min

How has Covid-19 disrupted the livelihoods of South Africans

A study conducted by an academic consortium gained global coverage for producing one of the first detailed analyses of the economic effects of covid-19 in a developing country back in July. The reports, published on July 15th, showed how the pandemic has impoverished South Africa—and made one of the world’s…

30 Sep 2020 12PM 4 min

Wealth Feature Stock market provides ample returns: Part 2

Andrew Bradley, co-owner and CEO of Fiscal Private Client Services

30 Sep 2020 12PM 6 min

Hawks nab first state capture suspect

The Hawks swooped and arrested the man who occasionally pays the Luthuli House salaries on month-end, a day after the tender tycoon, Edwin Sodi, was defending himself at the State Capture inquiry, explaining a slew of payments to politicians over six years. The multimillion-rand transfers include references to ministers, deputy…

30 Sep 2020 12PM 9 min

View from the market

Wayne McCurrie, portfolio manager, FNB Wealth and Investments & Nadir Thokan, portfolio manager at Corion Capital

30 Sep 2020 12PM 13 min

Roundtable: Tilting at the windmill of shareholder alignment

There are very few companies in SA where incentives are even remotely aligned with shareholder value – possible exceptions would include FirstRand where incentives are aligned to NIACC (net income after cost of capital). Generally, it appears remuneration committees and Boards seem to think if you align REM to metrics…

29 Sep 2020 1PM 19 min