An Economic ‘CODESA’| Will it Settle the Dust?

Many will view the compromises that will be made during your negotiations as painful concessions.  But why not view them as peace offerings, ones that will provide in return the priceless gifts of hope, security and freedom for our children and our children’s?  (Abdallah II of Jordan) I reckon that the so-called Convention for a … Read more

Mailbox: Is R1.5bn Nigerian investment by Tiger Brands heading same way as Telkom’s Multilinks?

Earlier this week we received this email from a “usually reliable source” who is close to Tiger Brands. Its content is self explanatory, claiming that Tiger Brands’ R1,5bn Nigerian investment is turning sour – and that the  South African FMCG business is set to repeat Telkom’s disastrous Multilinks misadventure. While the company’s response suggests our … Read more

Seven Billion and Counting: Have another One

Today, more than ever before, life must be characterized by a sense of Universal responsibility, not only nation to nation and human to human, but also human to other forms of life.  (Dalai Lama) It is quite, no, very emotionally demanding, following the news media, locally, regionally and globally.  There is so much mayhem, most … Read more

Koos Bekker: Dear Alec, You got this one wrong

Dear Alec I’m in Europe but was sent a copy of your article.  I fear that, while you often hit the nail on the head, you got this one wrong: Johann is a friend of mine. The reason we sold Nethold in 1997 was that the price bubble was building (the one that eventually popped … Read more

Act Two, Week One – Thanks for joining. So good to have you aboard

My weekly newsletter that was sent out this afternoon to the rapidly growing list of Biznewz subscribers. If you haven’t signed up for your own emailed copy – click here.     Hi there, It’s been a long wait. Restraints are awful. But this week, my version of the Steve Job’s Act II began. And … Read more

My letter to the Investor Relations Department of Gain Capital

Dear Hugh Collins/Lynn Morgan On Friday evening at 17:40 South African time, an amount of $1 500 was deducted from my credit card account. Until then I had never heard of your company. The fraud was immediately reported to the credit card issuer (Discovery – it is a Visa card) which had sent me a … Read more

Letter from forex.com’s Client Services

Dear Alec, We have generated a support ticket to help us track your inquiry. Your ticket code is LTK52809846318X. Please use this code in any further communication. Thank you for your email. I am reaching out to you in response to the email you sent us regarding fraud on your credit card. We would be … Read more

xmas

What shares to buy with that Xmas bonus (2011)

xmasIn December 20112, Robert K sent this email:

I am wanting to invest my bonus in some share but I am not 100% sure where to find value at the moment. I already have MPC, Curro (which has done well for me), Steinhoff and Old Mutual as well as Satrix Top 40 and Stanlib unit trusts.

Are there any shares you would recommend? I have been looking at AGL but they are very expensive although I do see value there.

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