Investec reports 28% increase in operating profit

Investec plc, the international specialist bank and asset manager, has released its consolidated results for the year ended 31 March 2014. Investec plc has a current market cap of R54.80 billion and trades on a 20.16 PE ratio and dividend yield of 3.06%. The group’s share price has gained 29% in the last year. As … Read more

Barry Irwin

Irwin cuts and runs

Divesting racing king Barry Irwin says “power freaks” causing his SA exit  For most South Africans, horseracing is very much on the fringe. In its rare appearances on the public agenda, the sport is dismissed as a harmless distraction for inveterates.


Breeding breakthrough

TBA’s chief Callaghan says thoroughbred export breakthrough just months away   Markus Jooste of Steinhoff is one of the smartest guys I’ve met. Ditto Investec co-founder Bernard Kantor. Both are self-made billionaires who know about buying at the bottom. Both are also huge investors in SA’s thoroughbred breeding sector. A fresh arrival in my inbox … Read more