The world is changing fast and to keep up you need local knowledge with global context.
Alec Hogg’s regular column covering investment, economics, moneycraft and, occasionally, something very personal.
Gift of the Givers withdrew from Makhanda on principle; lock stock and water barrel, after the Department of Water Affairs paid local businesses instead.
After a process which began in March 2017 when Mercantile Bank’s Portuguese owners put their SA subsidiary up for sale, Capitec finally prevailed.
Malick Salie testified this week that Iqbal Survé personally drove the overvaluation of Ayo’s worth by some R11bn via non-negotiable instructions to sometimes-reluctant senior staff.
The ball is starting to roll. On Monday, the newly emboldened Hawks announced nine arrests relating to a R208m tender awarded by eThekwini Municipality.
South Africa’s financial community is mourning one of their best known personalities in Jack Mitchell, former head of investments at Old Mutual and Allan Gray.
President Cyril Ramaphosa will have noticed the Rand appreciated 20c, RSA ten year bond yields improved nine points and the big banking shares rose between 3% and 4%.
The good news is that the train crew has been sacked and Transnet is back in the driver’s cab, the passenger trucks filled with sheriffs helping hunt down the culprits.
While the ANC lost vote share and the DA is treading water, there are a couple of success stories in #Elections2019 – the EFF and the Freedom Front Plus.
Horse racing administration, and its leading personnel, looks to be in for some big changes. Just like Markus Jooste’s lifestyle.
Over the next few days, our team will be embedded in the Biznews office at the IEC’s nerve centre in Pretoria. We’ll be providing regular updates, so be sure to visit often.