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QuickTrade

Covid in South Africa: what to expect in the short and long term

28 May 2022  / Veronica Ueckermann
The latest data shows that there has been an increase in hospital admissions in both the public and private sector.

Bigger food crisis can be averted if Asia remembers not to panic

28 May 2022  / Jasmine Ng, Bloomberg
If nations do not panic or start hoarding, they can stop the current crisis from becoming a rerun of the one in 2008.

Dissatisfied deVere customer arrested in Harare for ‘cyber-bullying’

27 May 2022  / Ciaran Ryan
Coreen Lee Kooy was arrested while attending court on a separate civil matter, where deVere sought an interdict to bar her from criticising the company online.

Simon’s weekly wrap: Positioning for the future

27 May 2022  / Simon Brown
This week MoneywebNOW looked at Vunani and Tharisa's results and plans, recession potential and implications, Thungela and Exxaro's climate misstep, and global dividend growth.
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Magistrates’ Court grants bail to former Transnet and Trillian senior execs

UPDATE
27 May 2022  / Nondumiso Lehutso
Following their arrest on Friday morning.

Sars and striking workers no closer to an agreement

27 May 2022  / Amanda Visser
Operational disruptions appear to be minimal.

[TOP STORY] Tharisa interims show cost pressure the order of the day

27 May 2022  / Simon Brown
PGMs have come off a little in the last year, pricing still stable and solid, chrome concentrate prices have increased exponentially over the last six months: COO Michelle Taylor.

SA hospital groups are getting healthier, and bigger

27 May 2022  / Adriaan Kruger
Private healthcare companies all announce renewed expansion plans after Covid interrupted decades of steady growth for close to two years.

African Bank buys out Grindrod Bank

26 May 2022  / Dudu Ramela
‘African Bank plays in the consumer segment broadly, and with Grindrod you have a business bank, so they actually complement one another’: African Bank group executive Zweli Manyathi.

Tsogo Sun Hotels reports revenue jump, plans to slash debt

26 May 2022  / Dudu Ramela
‘We've moved from survival to recovery. How fast that recovery to normal trading levels will be, we don't know’: CEO Marcel von Aulock.

Stefanutti Stocks encounters difficulties in implementing its restructuring plan

27 May 2022  / Roy Cokayne
Current liabilities exceeded current assets by R1.46bn at end-February.

Pepkor H1 results rise 28.3%

UPDATE
27 May 2022  / Nqobile Dludla, Reuters
Heps rises to 91.5 cents in the six months ended March 31, up from 71.3 cents a year earlier.

Women-owned petrochemicals group acquires bpSA’s East London terminal

27 May 2022  / Nondumiso Lehutso
Fuel port transaction seen as a significant step towards achieving gender balance in the energy sector.

Anglo Platinum seals pay deal with SA unions

27 May 2022  / Felix Njini, Bloomberg
Amplats agreed to give its workers a monthly increase of R1 150 in the first year of the deal, which will then climb to R1 500 by the fifth year.

How can I invest R500k to get a monthly income of R5k?

26 May 2022  / Elke Brink
A well-diversified portfolio consisting of cash and bonds for income, and property and equities for growth would be an option....

Proposed Gautrain route extension moves closer to reality

26 May 2022  / Roy Cokayne
… with upmarket Sandhurst on the map.

Market Watcher: Dollar strength opposed to rand weakness

26 May 2022  / Dudu Ramela
Nedbank Private Wealth's Preston Narainsamy talks market moves and rand developments, and looks at the latest updates from Mr Price and Old Mutual.

South Africans staring down the barrel of record-high petrol prices

26 May 2022  / Khuleko Siwele, Bloomberg
As fuel price levy subsidy set to end.

Rebounding Tsogo Sun Hotels in big rebrand back to Southern Sun

UPDATE
26 May 2022  / Suren Naidoo
SA’s biggest hotel group uses Covid low to expand, gain market share and embark on a brand makeover.

ArcelorMittal strike ends as Numsa secures above-inflation increase

UPDATE
26 May 2022  / Nondumiso Lehutso
Union accepts latest offer of an 'across the board' 6.5% increase.

[TOP STORY] Vunani almost at critical mass, well positioned going forward

26 May 2022  / Simon Brown
We've had some good growth in assets over the last few years ... you do get over a hump where your costs start to stabilise and revenue starts to increase: CEO Butana Khoza.

How Sars has changed tax for annuitants

25 May 2022  / Dudu Ramela
The revenue service 'is trying to assist taxpayers prevent a tax shortfall which they may not have expected, or may not have budgeted for’: Allan Gray tax specialist Carrie Norden.

Mediclinic not quite back to pre-pandemic levels

26 May 2022  / Adriaan Kruger
South African operations slowest to recover.

We can beat unemployment through state jobs schemes, says former Treasury official

26 May 2022  / James Stent, GroundUp
South Africa can afford a much bigger public employment programme, argues top economist.

SA needs R3.9trn to transition away from coal

26 May 2022  / Antony Sguazzin, Bloomberg
Money will need to be spent on closing down coal-fired plants, building renewable plants, and compensating coal-dependent communities.

Experts weigh in on crypto’s regulatory bogeyman

26 May 2022  / R Paulo Delgado
The call for tighter crypto regulation could stifle innovation while doing little to stop underbelly crime.

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