Andrew Vintcent believes many SA stocks are so cheap they’re discounting far worse than even the worst pessimists are projecting.
Although the strategy has been to buy and hold, the BizNews Share Portfolio has seen some adjustments over the five and a half years since its creation.
MultiChoice says it will focus on returning its loss-making operations outside of South Africa to profitability as it prepares for a February listing.
Naspers expects to unbundle and list its MultiChoice business on the JSE by the end of February if all goes according to plan.
Steinhoff Africa Retail is seeking to raise as much as R18.4bn ($1.4bn) in a sale of stock this month, the largest by a South African company in almost two years.