Author

 
Jaco Visser

Jaco Visser

    Allan Gray invests in Zimbabwean beer and cellphones
    Allan Gray invests in Zimbabwean beer and cellphones
    Zimbabwe's deteriorating economy and a stock market that's fallen more than any other in Africa this year are doing nothing to scare off one of South...
    African Bank downgrade doesn't mean a redemption for bondholders, says CFO
    African Bank downgrade doesn't mean a redemption for bondholders, says CFO
    African Bank Investments, the South African unsecured lender which was downgraded to junk last week, said there are no foreign or local holders of...
    Hedge fund shorts African Bank shares
    Hedge fund shorts African Bank shares
    African Bank Investments, South Africa's worst-performing stock in May, is pitting the country's largest hedge fund against some of the nation's...
    Uganda punished in currency market for anti-gay law
    Uganda punished in currency market for anti-gay law
    The gains that had made Uganda's shilling the second-best performing African currency this year are evaporating after President Yoweri Museveni...
    Coronation fund adds Northam as Investec dumps it
    Coronation fund adds Northam as Investec dumps it
    Coronation Fund Managers’ small-cap fund is boosting its stake in Northam Platinum as a similar fund at Investec Asset Management dumps the...
    Rand weakens to a five-year low after China manufacturing data
    Rand weakens to a five-year low after China manufacturing data
    South Africa's rand depreciated to the lowest intraday level since March 2009 against the dollar after measures of Chinese manufacturing fell,...
    Solar boom boosts South African salaries
    Solar boom boosts South African salaries
    Ramone van Wyk's wage more than quadrupled when he gave up working on sheep farms in South Africa's arid Northern Cape province and got a...
    JSE appoints Nyembezi-Heita as new chair
    JSE appoints Nyembezi-Heita as new chair
    The JSE,  the operator of Africa's largest stock and bond markets, appointed Nonkululeko Nyembezi-Heita to replace Humphrey Borkum, who is...
    South African business to close for Mandela's funeral
    South African business to close for Mandela's funeral
    South African businesses, including shops owned by Wal-Mart Stores,  Massmart Holdings unit and a mine owned by Kumba Iron Ore, will be closed...
    SA retail stocks advance for second month
    SA retail stocks advance for second month
    South African retail stocks gained on Monday, rising for a second month, on bets the Federal Reserve will maintain stimulus that boosted emerging...
    Famous Brands's stocks rise after buying stakes in Nigerian company
    Famous Brands's stocks rise after buying stakes in Nigerian company
    The stock, the sixth-best performer on the 62-member FTSE/JSE Africa Small-Cap Index this year, surged as much as 2.4%, the biggest jump since...
    South Africa sells $2-billion of government bonds
    South Africa sells $2-billion of government bonds
    South Africa issued the bonds due in 2025 to yield 6%, or 3.15% above US Treasuries on Monday. It originally planned to sell $1.5-billion...