🔒 Back story on why Aussie’s colossal CommBank is swimming against tide into SA
By way of context, Commonwealth Bank’s market value is R100bn higher than SA’s mighty Naspers (which accounts for 20% of the JSE’s all share index).
Commonwealth Bank
Superwoman CEO Gail Kelly, SA’s most powerful banking export, to leave Westpac
Through the process of buying the emigrating family’s Parkview house, I learnt more about Westpac’s CEO Gail Kelly than any formal interview could possibly have uncovered.
SA’s Woolworths in R21bn bid for Australia’s up-market David Jones
Stockbroker and investment guru David Shapiro says he is confused.  The investment community has voted (negatively) with its feet, dropping the share price. I’m betting that the  CEO Ian Moir knows exactly what he is doing. Today, South Africa’s up-market food and clothing chain Woolworths launched a R21bn bid to acquire Australia’s “Selfridges-like” department store … Read more