Anchor Capital: Essential market review, 11 March
Anchor Capital provides a comprehensive market review covering everything you need to know about local and global markets.
IDC
Highlights of 2015 Budget Speech by Finance Minister Nhlanhla Nene
Here is the definitive summary of the highlights from Finance Minister Nhlanhla Nene’s 2015 Budget Speech.
SA resource value around $2.5trn: We need to walk the talk
‘If they were to define South Africa in terms of the resource we have in the country, we could be defined as the richest. If we were to include the energy minerals, South Africa is the richest country in the world.’
Anchor Capital: Essential market review, 9 February
Anchor Capital provides a comprehensive market review covering everything you need to know about local and global markets.
Vulnerable PPC attracts opportunistic merger offer from rival Afrisam
In business, the best time to pounce is when your competitor is under the most pressure. And right now, SA cement producer PPC is in disarray. Enter Afrisam
Intex’s $33 smartphone cheaper alternative to Apple’s iPhone and Samsung’s Galaxy
Indian mobile phone maker Intex has teamed up with Mozilla and launched India’s cheapest $33 smartphone in competition to more expensive smartphones like the iPhone and Galaxy. With the indian market of smartphones having increased by 186% in a year and with expectations that sales will rocket in future years Intex expects 500 000 sales … Read more
SA must play catch up to East Africa in the push for tech innovation
The South African government has identified the technology industry as a key sector to promote growth and employment in South Africa. IT jobs are generally high quality ones, and of course, there is plenty of untapped potential for innovative technological solutions to common emerging market problems – something South Africa has first-hand experience with. … Read more
Behind the Turkcell SA High Court action over Iranian licence – what does it know that MTN, Judge Hoffmann doesn’t?
Turkcell, a R136bn market cap Turkish-based mobile phone group, is persisting in its corruption allegations against locally-headquartered MTN (market cap R371bn). It revolves around the last minute switch of a lucrative Iranian licence from Turkcell to MTN. Turkcell accuses MTN of bribing Iranian officials – a claim supported by Chris Kilowan, the man the SA … Read more
Digging into reasons for the MTN, Vodacom R40bn meltdown – it’s justified says top analyst
Easily the biggest story on the JSE this week has been the market’s reaction to a change in regulated termination rates for phone calls. Until the previous adjustment, the temination rate effectively put the minimum price of a mobile call in SA at a 75c. It is currently 40c. After the latest adjustment by the … Read more
The Don’s promise of shareholder riches comes to sorry end; shares worth no more than 20c
For years I thought The Don was an opportunity waiting to happen. Nine hotels based in fantastic locations – two in the Sandton CBD, another in Illovo, one more in Rosebank – could, surely, generate a multiple of the modest market cap. Sadly, the value trap was never unlocked. As you’ll read from the transcript … Read more