Employment Equity Amendment Act – destined for disaster

The recently ratified Employment Equity Amendment Act (EEAA) in South Africa, aimed at promoting transformation in the private sector, has raised concerns about the future implications for individuals and businesses.

Best performing funds in 2021

It is important to recognise that although it is short-term in nature, there have been some stand-out performances from fund managers in 2021.

Tongaat Hulett proposes R4bn rights offer

Tongaat Hulett has announced a proposed major recapitalisation via a rights offer of new shares, partially underwritten by Magister, a shareholder and strategic partner.