Kokkie Kooyman ranks SA banks, with two standout stocks for value investors
Financial services analyst Kokkie Kooyman joins Alec Hogg to run through the relative value offered by the country’s top six banks.
Investec Bank
BRILLIANT: John Battersby unpacks Nenegate, Jacob Zuma’s greatest blunder
John Battersby analyses the reasons for what he describes as President Jacob Zuma’s greatest blunder, exposing the personalities who played the key roles in taking the country to the edge – and those who helped drag it back from the abyss.
More job losses in platinum as Lonmin peers in crystal ballÂ
Lonmin Plc scaled back spending plans to weather a platinum price slump that may last two more years.
BHP spin-off South32 appeals for NOT having China exposure
The world’s biggest buyer of metals will account for about 11 percent of sales for South32 Ltd., while parent BHP Billiton Ltd. and its biggest competitor Rio Tinto Group rely on China to generate more than a third of their revenue.
Cool as a “cu-kumba” – SA stocks hit record peak, led higher by Kumba
South African stocks hit a record peak for the second consecutive session on Thursday, led higher by Kumba Iron Ore.
SA stocks end lower, Nampak slips on write-down
South African stocks fell more than 1 percent on Wednesday, with packaging firm Nampak sliding after saying it would write-down the value of its flexibles division before selling it while cancelling the sale of another unit.
Investec FY earnings to rise but weak rand to slow growth
Investec expects full-year earnings growth after increasing the funds it manages, the investment bank and asset manager said on Friday but warned that a weaker rand currency would hurt group results.
Investec causes outcry with “I can’t breathe” headline on research
A research note published by South African bank Investec with the headline “I can’t breathe” caused an outcry on social media on Wednesday for its use of the dying words of Eric Garner, an unarmed black man killed in a police chokehold.
Sweet spot for Africa PE is in smaller deals
Nick Tims explains that as African private equity markets evolve, the ‘sweet spot’ is to be found at the smaller end of the deal size spectrum.
IG’s midday market update 28 November 2014
The JSE All Share index is trading 1% lower in morning trade dragged lower by the resource sector as BHP Billiton and Sasol experience significant declines following the outcome of yesterdays OPEC meeting.