FFM podcast ep11: SA a bobbing cork in a weaker dollar environment; Absa to watch; Dividend explained
Unveiling insights on market volatility, strengthening Rand, and effective investment strategies for optimal returns.
retailers
GG Alcock – On ‘Kasipolitans’; a landgrab in booming township economy; and why Stalinist ANC on wrong page with its ‘500 black industrialists’
GG Alcock explains how South African retailers are waking up and have launched a land grab into communities inhabited by ‘Kasipolitans.’
Italtile prospers as ‘home improvement’ trend continues
Itatile benefitted from the ‘home improvement’ trend with households diverting spend on leisure to focus on revamping their number one asset.
Remuneration in the big league; A R77m exit coupled with a 66% fall
One has to question the role of a shareholder when 82.24% vote against a remuneration report, yet they are classified as ‘non-binding advisory votes’.
Foschini buys Jet stores
The Foschini Group is set to buy 371 stores and selected assets of Jet for R480 million from Edcon’s administrators, it said on Monday.
End of an era for 91-year-old Edgars as it owes local and foreign creditors billions
Administrators of the Johannesburg-based company are seeking buyers for Edcon chains Edgars and Jet as well as its loyalty program, Thank U.
🔒 From ESG to Sasol to why people like to buy into Elon Musk – David Shapiro
The Covid-19 pandemic has taken many victims, but there are also winners, and market analyst David Shapiro is certainly upbeat about the markets at the moment.
Third time lucky? Another UK takeover bid by Steinhoff, now sans opposition
Steinhoff acquired almost a quarter of Poundland’s shares as the company stages its latest attempt to buy a European retailer after twice being denied in recent months.
Steinhoff v Sainsbury battle heats up: final bid deadline set for 18 March
Sainsbury has been given more time to make a firm bid for Argos-owner Home Retail, after a possible higher rival offer from Steinhoff International emerged on Friday.
South African retailers jump to record on rate-cut talk
SA retail stocks climbed to a record on speculation the central bank will reduce borrowing costs to spur an economy struggling to reignite growth.