Blip for Tesla as supply chain woes affect production
Tesla – Elon Musk’s electric-vehicle maker is also grappling with soaring inflation and supply-chain disruptions.
Asset Management
Tongaat shareholder revolt – activist Woollam demands board resign; management be replaced; shares to keep trading
Chartered accountant and former banker turned shareholder activist David Woollam has stopped ‘playing nice’ with Tongaat after years of polite and deaf rebuffs.
SpaceX valued at $125bn, 25% higher than previous year
SpaceX raised a fresh round of funding as the company led by Elon Musk pushes forward with multibillion-dollar projects and faces rising costs.
Sean Peche exposes Meta’s Great Houdini trick on shareholders
In an equally forthright opinion piece below, Sean Peche cuts through the smoke and mirrors of Meta Platforms, previously known as Facebook.
One day you’re cock of the walk, the next a feather duster – NinetyOne’s John Biccard
John Biccard shares his view on the macroeconomic environment and stock selection within the NinetyOne value fund.
Stock market turmoil continues as sentiment reverses – with insight from The Wall Street Journal
Another crazy week for Wall Street and global markets as the worst start to the year in stock market history continues.
The easy money has been made, it’s time for investors to grit their teeth – Magnus Heystek
The hard-hitting Magnus Heystek unpacks what has been a tough start to the year for the financial markets.
Piet Viljoen on Sasol’s windy sails; PPC’s insider selling
JSE favourites Sasol and PPC are discussed from an investment perspective, with Piet Viljoen optimistic about both counters’ prospects.
Can Swiggy’s R170bn valuation be trusted? – Naspers/Prosus shareholders take note
Food and grocery delivery platform Swiggy has been valued at $10.7bn in its latest round of funding, up from $5.5bn in July last year.
Flash Briefing: Scopa to probe Ramaphosa; NPA unable to handle PPE corruption, state capture caseload; OUTA takes on SANRAL
Scopa is conducting its own probe into public fund misappropriation allegations against the ANC, which surfaced in a leaked audio recording allegedly featuring President Ramaphosa.