Mark Ingham: Exposing junk – dispelling ratings agency myths, mumbo jumbo.
Independent investment analyst Mark Ingham dispels the financial myths and mumbo-jumbo of rating agencies.
Independent investment analyst Mark Ingham dispels the financial myths and mumbo-jumbo of rating agencies.
Azar Jammine frets that the fresh evidence of political turmoil in SA may trigger the last of the three ratings agencies to report, S&P, to drop the country’s debt to junk on Friday.
Azar Jammine of Econometrix warns that the SA political situation remains extremely fluid with the potential to cause enormous damage.
SA moved closer to a junk credit rating after Fitch changed the outlook on its assessment to negative and warned continued political instability could result in a downgrade.
Mark Ingham takes us through the relative attractions of the Big Three hospital groups, all of which offer pretty good value after recent reversals in their share prices.
The South African Rand has lived up to its reputation as the most volatile currency, weakening by more than any other currency (except the Mexican Peso on this occasion) when risk sentiment moves from “risk on”, to “risk off”.
Ed Herbst highlights the failings on government’s side, which lead to the education crisis, and on Curro’s side just another business opportunity.
SA’s income inequality, already at dangerous levels, has grown even worse. Azar Jammine says the Trump victory should serve as an urgently cheeping canary in SA’s coal mine.
The emigration stats, as analysed by economist John Maynard, paint a sorry tale with the biggest drain to Mozambique and Zimbabwe.
Mark Ingham unpacks the attraction of the R130bn market cap stock Aspen which has grown into a multinational operation with only around one fifth of its business in South Africa.