Excellent analysis: Pinnacle – trading vs speculating, GDP results and SA Inc.

In this fascinating interview, Nerina Visser, Head of Beta Solutions at Nedbank Capital shares her expert insights on the true difference between trading and speculating, with particular focus on what has been happening with the shares of Pinnacle in recent days and Abil before its trade was suspended. The uncertainty and erratic movement of the … Read more

Lampard call it quits

By ROB HARRIS Frank Lampard retired from England’s national team on Tuesday, two weeks before qualifying starts for the 2016 European Championship. Since making his England debut in 1999, the 36-year-old Lampard has scored 29 goals in 106 matches, with his last appearance coming at the World Cup in June. “It has been a very … Read more

Matfield back with Boks for trip Down Under

CAPE TOWN (Reuters) – Experienced lock Victor Matfield has overcome injury and been included in South Africa’s squad to tour Australia and New Zealand in the Rugby Championship next month, but question marks remain over the fitness of loose-forward Willem Alberts. Matfield and Alberts were part of the initial 30-man squad for the tournament, but … Read more

Pellegrini gladdened by Jovetic display {Watch Highlights}

https://www.youtube.com/watch?v=2cwPiVWr1w8 Manchester City manager Manuel Pellegrini heralded Stevan Jovetic’s perseverance after the Montenegrin striker scored twice in the Premier League champions’ 3-1 win at home to Liverpool. Jovetic, 24, endured a frustrating debut campaign at City, with injury and illness restricting him to only 11 league appearances, but he appears rejuvenated after a successful pre-season. … Read more

Rand holds steady on the back of key GDP data

JOHANNESBURG (Reuters) – South Africa’s rand held steady against the dollar early on Tuesday, as local investors braced for the release of domestic economic growth data later in the day. Statistics South Africa will release second quarter economic growth data at 0930 GMT. The market consensus is for the economy to narrowly avoid a recession and expand … Read more

Argentina's Angel di Maria runs during a team soccer training session at the arena di Corinthians stadium in Sao Paulo

Man United agree record fee for Di Maria

Manchester United have agreed a British record transfer fee of £59.7 million ($98 million, 75 million euros) to sign Argentina midfielder Angel Di Maria from Real Madrid according to British media reports on Monday. Several media outlets, including the BBC, reported that United have finally sealed a deal for Di Maria after several days of … Read more

Chile Football league sues Puma

Chile’s National Professional Football Federation has filed suit against German sportswear and equipment maker Puma for “systematically violating” its contract, a newspaper reported. The federation filed its complaint through the Santiago chamber of commerce saying Puma sent its uniforms for the World Cup late, after first mistakenly sending kits for Ghana’s national squad, according to … Read more

Malema back in court over unpaid taxes

From SAPA EFF leader Julius Malema’s lawyers were expected to argue in court on Monday why a provisional sequestration order against him should not be made final. In May, Malema’s provisional sequestration was extended and the matter was postponed. According to Sunday’s Rapport, the SA Revenue Service (Sars), would ask for a two-month extension of … Read more

Nine footballers punished for match-fixing

A court in northern Vietnam has sentenced a professional footballer to 30 months in jail and given eight other players suspended sentences on charges of match fixing, state media reported Monday. Online newspaper VnExpress said players from the Vissai Ninh Binh club were convicted of conspiring to fix the result of an Asian Football Confederation … Read more

Argentina's Angel di Maria runs during a team soccer training session at the arena di Corinthians stadium in Sao Paulo

The ultimate vanity asset – a £60m footballing Angel

By Alec Hogg At one of the Berkshire AGMs, Warren Buffett was asked whether he would invest in a sports team. Never, said Buffett. Those are vanity assets, not investments. Not everyone thinks so. Last week a Hedge Fund, Lansdowne, invested almost R1bn to buy another 3% stake in UK football club Manchester United, taking … Read more