Forex specialist Brigid Taylor was an appropriate guest in our market watching slot on CNBC Africa’s Power Lunch today. Yesterday’s surprise announcement from the European Central Bank hit the Euro hard. And as Brigid suggests, there is good reason to expect further short-term weakness, including against the SA currency. A couple years back in Davos, I spent … Read more
The big stories competing for business news headlines this week were the downgrading of the big four banks in South Africa by ratings agency, Moody’s; Bidvest’s move to up its stake in Adcock Ingram resulting in a confidence boost for Adcock’s shares; and in company results the retail sector was in focus with Shoprite CEO … Read more
All eyes in the business sector are focused on Abil at the moment, as the bank has been placed under curatorship. The  Reserve Bank stepped in at the weekend to announce its R17bn rescue plan for Abil after its share price plummeted 97% at the close of last week on the back of crippling losses … Read more
A tumultuous week for South African business news is coming to a close. Looking at the biggest stories is Brigid Taylor, Director at Dreadnought Capital. She lends her expert insights to the situation around Abil’s share price plummet after a dismal earning’s announcement expecting  full year losses to total $600 million. The share price has … Read more
There are fundamental issues that are currently plaguing South Africa’s economy, its position on the African continent and its potential to grow. We are a well developed country on a continent that is just now being ignited by the potential of growth – nations are driving development, they are desperate for investment. And South Africa, … Read more
Providing an articulate overview of, and prognosis on, the now Fragile Five-rated SA economy is clearly neither an easy nor a cheerful task at this stage. In this interview with Alec Hogg, Dreadnought Capital’s Brigid Taylor provides a compass reading that points to both the where-from and the where-to of our economic circumstances. It culminates … Read more
Brigid Taylor, regular market commentator on CNBC Africa, is an Afro-Optimist. One who walks the talk. Together with her colleague at Dreadnought Capital, former JSE executive Allan Thomson, she’s doing her bit to deepen continental capital markets. We deviated from the usual format in our Power Lunch chat today to discuss this week’s opening of … Read more
During our CNBC Africa Power Lunch programme this week, market commentator Brigid Taylor suggested South Africans could learn from the death of Nelson Mandela. In future, she said, we should weigh up decisions with “What Would Madiba Do?” The sceptic in me reacted instantly. Yes, it would be nice. But it all seemed too caught up … Read more
An already bad year for the controversial Gupta family got even worse today when the Constitutional Court ruled against its opportunistic attempt to secure 21.4% of the mineral rights at Kumba’s operating Sishen iron ore mine. To access a copy of Mr Justice Jafta’s full judgement, click here. The Guptas hail from a small town … Read more
Roger Jardine’s decision to quit as CEO of construction group Aveng has been five years in the making. In a wide ranging interview, he explained that it became clear the industry wasn’t for him just one month into the job. That was when this man schooled at the feet of the late Eric Molobi became … Read more