Essential market analysis with RECM’s Piet Viljoen: Steinhoff, Naspers, Omnia and more
Focusing on the biggest news in today’s markets, Alec Hogg and RECM’s Piet Viljoen applied their collective insights on CNBC Africa’s Power Lunch.
Iqbal Surve
Business competitors must work together, says Survé
Business competitors, including those in the media, must work together to build South Africa and the continent instead of trying to destroy each other
Mauritian giant GML set to take over the world as WEF names it a Global Growth Company
GML, a Mauritian company headed by Arnaud Lagesse has just recently popped onto the radar being named one of the World Economic Forum Global Growth companies for 2014. The highly diversified group is an institution in Mauritius, with 13,000 employees, and a focused strategy of expanding into Africa, it seems like GML is certain to … Read more
Sekunjalo posts impressive interim results
From SENS South Africa’s leading empowerment company, Sekunjalo Investments Limited today reported solid results in bottom line earnings, cash flow and net asset value for the interim period ended 28 February 2014. Group Revenue Up By 7% Operating Profits Increased By 18% Profit Before Taxation Up By 35% Total Assets Increased by 7% Tangible … Read more
Activists stepping up to defend Cape Times editor Alide Dasnois after her firing by new CEO Iqbal Surve’
Journalism is an interesting business. It is simultaneously a profit-making enterprise and a crucial support structure for democratic governance. Journalists seek to please audiences, but their salaries are paid by advertisers and they answer to owners who are sometimes subjects of the stories they write. All in all, it’s an awkward business, as the recent … Read more
UPDATED: Sekunjalo to rejuvenate Independent? Not on this performance. Then again, maybe this isn’t yardstick
There was more interest than usual in yearend results from investment holding company Sekunjalo. Earlier this year the company’s principal shareholder Iqbal Surve led a consortium which paid R2bn for leading SA newspaper group Independent News & Media. I was looking forward to chatting to Surve’ about that deal to get an idea how the … Read more