Corion’s Bacher on Feb: World booms but SA falls – same old, same old
Corion’s David Bacher unpacks the key numbers and shares why international stock markets continue to significantly outperform the JSE.
Corion’s David Bacher unpacks the key numbers and shares why international stock markets continue to significantly outperform the JSE.
Alec Hogg’s belief that the best companies to co-own are those leveraging human ingenuity has kept him away from resources stocks.
South African group Sibanye-Stillwater’s $1bn deal with Appian expands footprint in energy transition commodities, writes the Financial Times.
Steven Nathan, founder of 10X Investments, provides investment insights into Sibanye’s share buyback programme, as well as other topical news.
Sibanye-owned DRDGOLD produced a stellar half year performance with earnings up over 100% and delcared an interim dividend for shareholders.
President Cyril Ramaphosa says there are plans underway to breathe life into the struggling SA economy as Covid-19 restrictions ease.
Finance minister Tito Mboweni is convinced that dagga can be used to generate billions in tax to plug a hole in government finances.
The rand fell on speculation that graft-tainted David Mabuza could be re-appointed as deputy president of South Africa after his swearing in.
AMCU agreed to end a strike at Sibanye’s gold mines that has crippled production and squeezed the company’s finances, costing the miner R1.6bn in lost production.
At the core is the proposed R1 trillion nuclear procurement deal, an ill-considered, unaffordable project that SA President Jacob Zuma is determined to push through.