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20 May 2022

Food shocks will also destabilise the ESG world

22 May 2022  / Tim Quinson, Bloomberg
Russia and Ukraine are responsible for about 25% of the world’s wheat exports, 65% of sunflower oil, 20% of barley and 18% of corn.

Cratering markets blowing a bigger hole in consumer psychology

22 May 2022  / Vildana Hajric, Bloomberg
A 2020 study says every dollar lost in stocks leads to a 3-cent reduction in spending.

Apple shows AR/VR headset to board

22 May 2022  / Mark Gurman, Bloomberg
In sign of progress on key project pegged as its next big bet.

Some chocolate has a dark side to it – child labour

22 May 2022  / Robert C Ulin
Chocolate can be traced to the Olmec civilization of Mesoamerica.

Saboteurs threaten to exacerbate South Africa’s power blackouts

21 May 2022  / Paul Burkhardt, Bloomberg
Eskom files charges with SAPS over another incident of sabotage at Tutuka power station.
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S&P raises SA's outlook to 'positive' on trade terms, fiscal discipline

21 May 2022  / Ahmed Farhatha and Olivia Kumwenda-Mtambo, Reuters
Expects SA's fiscal deficit to remain elevated, but gradually narrow to 5% of GDP by fiscal 2025.

Cryptocurrencies: why they’ve crashed and what it could mean for their future

21 May 2022  / Gavin Brown and Stuart Mills
Luna was by no means the only victim in a week where cryptocurrencies were down 30%.

Why families fight over inheritances

21 May 2022  / Stephan Köppe
And how to avoid it.

Land reform in South Africa: what the real debate should be about

21 May 2022  / Wandile Sihlobo
Opinions vary on what has gone wrong with land reform and what should be done about it.

On the trail of the origins of Covid-19

21 May 2022  / Véronique Chevalier and Julia Guillebaud
If the Covid crisis has taught us anything, it is the importance of detecting such emergences early in order to nip the pathogens in the bud.

Xenophobia does not tell the full story of migration in SA

21 May 2022  / Shannon Morreira and Tamuka Chekero
Lately, hostility against migrants has been marshalled by organised groups, such as Operation Dudula and the political party Put South Africa First.

Parts of Divorce Act declared unconstitutional: Here’s what it means

20 May 2022  / Boitumelo Ntsoko
Eric Jordaan of Crue Invest unpacks this landmark ruling, its possible impact on marital contracts and divorces, and offers advice on how a stay-at-home spouse can avoid finding themselves in tough spot after divorce.

US growth seen outpacing China’s for first time since 1976

20 May 2022  / Tom Hancock and Christopher Anstey, Bloomberg
Despite high inflation, the US is being propelled by strong hiring and consumer spending.

Sanral board dismisses construction industry concerns after cancelling R17.5bn in tenders

20 May 2022  / Nondumiso Lehutso
Roads agency labelled some of the comments made by leaders in the industry as 'sensational'.

Spar2U: A test-run of Spar’s on-demand delivery service

20 May 2022  / Moneyweb
The app is nothing more than table stakes; there’s lots to still catch up on …

Simon’s weekly wrap: Strong results, a new entity and inflation dangers

20 May 2022  / Simon Brown
This week MoneywebNOW looked at the 10X/CoreShares deal, the impacts of food inflation, results from Afrimat and Astral Foods as well as flat-fee retirement investing.

Inflation should be viewed as public enemy number 1: here’s why

20 May 2022  / Jannie Rossouw
People on fixed incomes get poorer over time.

[TOP STORY] Afrimat results prove it's much more than an iron-ore company

20 May 2022  / Simon Brown
‘Thank heavens we diversified our business when we did, because if it was only for construction materials we would've been in trouble’ – CEO Andries van Heerden.

Prosus to sell Russian online marketplace Avito, formerly worth $6bn

20 May 2022  / Toby Sterling, Reuters
'We have started the search for an appropriate buyer for our shares in Avito.'

Efforts to help consumers avoid poor purchasing decisions on written-off vehicles intensify

20 May 2022  / Roy Cokayne
Insurance industry under more pressure to give consumers access to its vehicle salvage database.

Strong recovery in UK boosts Investec

20 May 2022  / Adriaan Kruger
Management indicates that performance is set to continue, if not improve.

Afrimat’s move into mining pays off big time

20 May 2022  / Ciaran Ryan
Seven years after diversifying into iron ore mining, Afrimat rides the commodity wave.

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