Jannie Mouton: 20 lessons from building PSG, my R44bn business
To celebrate R44bn PSG Group’s second decade, founder Jannie Mouton shared 20 lessons he learnt in the building of this incredible business success story.
Thembeka Capital
Craig Gradidge: Play the long game on Sasol Inzalo shares
Craig Gradidge was in the CNBC studios today with Alec and Gugu to discuss, amongst others, the movements of broad-based BEE shares including those of Sasol Inzalo, Multichoice’s Phuthuma Nathi and MTN Zakhele.
Thembeka Capital to unwind its investments
Thembeka Capital, the black owned investment holding company and an associate of PSG Group, announced today that it is to unlock value for its shareholders. By doing this Thembeka’s black shareholders will effectively realise R165.85 per share, a 56.3% premium to the Thembeka OTC share price of R106.12 per share, as at 30 June 2014, … Read more
FSB suffocates R25bn BEE market
*By Riaz Gardee The recent FSB directives requiring trading platforms to apply for exchange licences have caused disarray amongst the over-the-counter BEE market. Trading volumes have plunged up to 30% since the FSB directive and Thembeka Capital has even ceased all trade since 31st July. BEE shareholders in these OTC counters have reason to panic … Read more
Demystifying the FSB’s position on OTC markets
The over the counter (OTC) trading environment has had an uncertain time of things lately. With the Financial Services Board (FSB) leaving the trading platforms, that mostly cater to BEE shares, in the proverbial lurch. The FSB is looking to have the status of the OTC platform changed to that of an exchange, which would … Read more
Big Action in the OTC Market this week: record prices, soaring volumes
The OTC Market was the place to be this week, with share prices hitting record highs, and trading volumes peaking. Etienne Nel, from Equity Express, the OTC trading platform speaks to us about the stocks making waves, the BEE Share Market, and where we could see profit-making opportunities in the market. It certainly seems that … Read more
Thembeka Capital shoots the light out, doubles dividend
We had a chat with our BEE share specialist, Riaz Gardee about Thembeka Capital and their recent dividend doubling, potential future acquisitions and diversifications. Thembeka Capital currently trades on the OTC Market, with relatively low volumes given its small investor base, however considering its success and the exciting BEE Share market at the moment, we can hope … Read more
Singular Systems: Changing SA’s investment landscape one BEE share deal at a time
A couple of quick disclaimers. Craig Gradidge’s firm was the very first advertiser on Biznews.com. He spotted our potential virtually from Day One. So for obvious reasons, he has a special place in my heart. Disclaimer number two is that the subject of this article, Singular Systems, is the sponsor of the OTC section. That … Read more
MTN Zakhele latest: Chairman admits shareholders “frustrated”, apologises, holds thumbs for 17th
The MTN Zakhele saga is sure to generate plenty of research papers among academics in university Communications Departments. On how NOT to do things. A heavy investment in pre-listing marketing completely wasted as trade had to be suspended after a couple hours on the opening Monday. Even bigger mess on day two. A promise to … Read more