Suren Naidoo

Group says it has already 'secured commitments of R2.7bn' for the capital raise.

Olympic swimming champion turned property developer speaks about his involvement as a shareholder and marketing director of the landmark Val de Vie Estate in the Western Cape’s Paarl valley.

On concerns of higher inflation.

Announcement by Reserve Bank governor Lesetja Kganyago arguably the most anticipated one this year.

Reports turnover growth of 2.9% to R127.9bn but operating profit drops 1.5% to R3.4bn.

Linked to Mauritian-based Magister Investments Limited.

Niche property counter continues to defy market conditions.

As Richemont and Shoprite hit 52-week highs.

Of which around 1.1m were new data customers in home-base South Africa.

But Godongwana’s tone hints at his hesitancy to commit to an income grant in the longer term.

Following a record budget deficit of 10% of GDP in 2020, SA’s consolidated budget deficit is expected to narrow to 7.8% in 2021/22 and to 4.9% of GDP in 2024/25.

Marginally lower than the Reserve Bank’s forecast in September.

Transaction will see it secure around a 33% stake in its smaller JSE-listed platinum group metals (PGM) miner.

Following the announcement of its takeover offer for Polish property counter EPP.

‘Estates have been big in SA for quite a long time – since the early 1990s – whereas in places like the UAE and New Zealand and other parts of the world they’ve started to take off only in the last five years or so,’ says Andrew Amoils, wealth analyst at New World Wealth.