Anchor Capital: Essential Market Review 29 December
With holidays and other breaks, we’ve been lax in providing the popular Essential Market Review from Anchor Capital. Apologies. Here is the latest one.
SA Investing
Healthier U.S. growth buoys JSE
South African stocks rose on Tuesday riding an optimistic wave created by encouraging U.S. growth data that also lifted financial sector stocks such as Standard Bank.
South Africa’s Top 100 CEOs
Octogenarian Neil Jowell of Trencor is comfortably the oldest of the Top 100 while PSG’s Piet Mouton, at 37, is three years below the next youngest CEO.
Former Stanlib portfolio manager Darryll Castle appointed CEO of PPC
Cement manufacturer PPC, which has been the subject of a boardroom fracas over the past few months, has appointed Darryll Castle as the successor to former CEO Ketso Gordhan.
MMI to buy Imara SP Reid for R120m
Botswana-registered Imara Holdings is to sell of one of its Johannesburg subsidiaries, stockbroker Imara SP Reid for R120m to MMI Strategic Investments.
Anchor Capital: Essential market review 15 Dec
Anchor Capital provides a comprehensive market review covering everything you need to know about local and global markets.
Onelogix sells Postnet for R190m to Dubai’s Aramex
Earlier this month Onelogix raised R100m through the sale of shares to its BEE partner. Now there’s another R190m in the bank. Can hardly wait to see what CEO Ian Lourens does with all that cash.
Despite Eskom, S&P affirms SA’s rating – expects “slight improvement”
S&P expects Treasury to keep to its “hard expenditure ceiling” and thereby contain fiscal deficits and general government debt levels in the medium term.
Anchor Capital: Essential market review 12 Dec
Anchor Capital provides a comprehensive market review covering everything you need to know about local and global markets.
Anchor Capital: Essential market review 11 Dec
Anchor Capital provides a comprehensive market review covering everything you need to know about local and global markets.