Delistings and barriers to newcomers threaten to make the local bourse more top-heavy, seeing it serve an even narrower section of the economy
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Can the stokvel, the home-grown savings institution tried and tested over the ages, go digital? At least two startup fintech companies reckon so, arguing that bringing zeros and ones to the traditional way of doing things offers a stockpile of advantages. An amount of R44-billion is collectively saved in 820 000 stokvels in the country annually, […]
‘Independent financial advice is still important’
New middlemen mean today’s investors are paying more fees than previous generations
The utility’s executives updated the standing committee on appropriations on the progress made at Eskom
German firm Aton intends to make Murray & Roberts an offer at R15 a share to all the group’s shareholders
Common ownership could dampen competitive behaviour – or it could accelerate recovery
But there is still hope for a precedent that will keep companies honest
For years Net1 had been criticised about its financial dealings with grant recipients, such as selling them life insurance.
A living annuity is a popular retirement choice but it has to be carefully managed
The two biggest Net1 investors admit to CPS worries, but disagree on scale and severity.
Despite Zimbabwe’s shrinking economy, Allan Gray is upping its stakes in the Zimbabwean sorghum beer and mobile phone markets.
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/ 6 September 2011
For every new investment you take out you incur additional costs. You should rather look to consolidate than spread yourself too thinly.
Be aware that retirement annuities, pension, provident and preservation funds differ from other investments.
Searching for a good investment vehicle for a monthly debit order.
The South African market is looking risky, says Delphine Govender, portfolio manager at Allan Gray.
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/ 22 September 2009
What if Hollywood rebel James Dean hadn’t died in a car crash at the age of 24? This is the premise of a South African-made TV commercial.
Gold miner AngloGold Ashanti is to proceed with an approximate one-for-four renounceable rights offer, which would result in it issuing approximately 69,4-million ordinary shares at a minimum share price of R172, it said on Tuesday. This would raise gross proceeds of approximately R11,9-billion — or about $1,6-billion.
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/ 12 November 2007
Mail & Guardian publisher Trevor Ncube has scotched rumours that Tokyo Sexwale’s Mvelaphanda Group is planning to buy a 30% stake in the newspaper. Ncube said that the company was in talks with a number of people, but at this stage, a deal was not on the cards.
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/ 7 November 2007
South African investment firm Mvelaphanda Group (Mvela) said on Wednesday that it was in talks that may affect its share price if successfully concluded, sending its stock price higher. Mvela said the cautionary was not related to the deal in which the firm said it had agreed with fund management group Allan Gray to buy up to 30% of Johnnic Communications’ media unit.
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/ 31 October 2007
The Premier Soccer League (PSL) has set aside R70-million with which to pay members as a ”token of gratitude” for their part in securing rights and sponsorship deals. The amount would be ”apportioned to the members of the negotiating team and other role players” and would be a one-off payment.
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/ 30 October 2007
South African investment firm Mvelaphanda has reached agreement with fund management group Allan Gray to buy up to 30% of Johnnic Communications’ media unit, it said on Tuesday. Mvelaphanda said it will buy a minumum of 25,1% and a maximum of 30% of Johncom’s media business, provisionally named Opco.