One doesn’t often think of Telkom as operating at a competitive disadvantage, but when it comes to the cellular market, that’s exactly the situation. Compared to Vodacom and MTN, Telkom is a midget in terms of market cap, and while Vodacom and MTN trade at earnings multiples of 14 and 16 times respectively, Telkom trades … Read more
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
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.
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
In this wide ranging interview from the deeply thoughtful Investec co-founder Stephen Koseff, he covers Brexit, geopolitics, the purpose of Davos, South Africa’s promised rebound and his now involvement in the recovery process.
Green – currently the Deputy CEO of Investec Asset Management – tells us more about his latest trip to China and a strategic agreement that was signed.
The Old Firm of Alec Hogg and David Shapiro dig behind the scenes of the JSE’s wealth destruction disaster, looking at the Steinhoff hero’s fall.
The secret of wealth creation is intimately understanding what you’re buying. That way you appreciate the true value and tend not to over pay.
Maria Ramos, who is steering the lender through an exit by its London-based parent, generated more profit for every unit of pay last year than her South African peers.
Neville Koopowitz, CEO of Discovery UK, chats to Alec Hogg regarding Discovery’s progress in the market off the back of the very successful Vitality project in South Africa.