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‘Winners and losers’ from a year of ranking Covid resilience

27 Nov 2021  /  Bloomberg News  
South Africa is among nine countries that have been the most devastated by the pandemic, infections-wise.

Companies and Deals

Meituan posts widest loss since 2018 as China headwinds mount

26 Nov 2021  /  Coco Liu, Bloomberg   
Weighed down by a bruising antitrust probe, an investment spurt and mounting competition.


Bitcoin retreats 20% from all-time high set earlier in November

26 Nov 2021  /  Joanna Ossinger, Bloomberg  
Bulls believe more institutions and retail investors will embrace virtual currencies.

Strong numbers from TWK

26 Nov 2021  /  Simon Brown  
The filling station division is a dark spot; but mechanisation, crops, fertilisers and the new renewable energy segment are all doing well: TWK Agri CEO Eddie Fivaz.


Invicta reports strong results despite supply challenges

26 Nov 2021  /  Simon Brown  
FNB's Wayne McCurrie unpacks the strong Mr Price results and the Growthpoint update. Steven Joffe, CEO Invicta, talks results and why it elected not to pay a dividend. Eddie Fivaz of TWK on results with the retail and mechanisation segment showing strong growth.

Have you considered investing in structured products?

26 Nov 2021
A structured product is appealing as it provides exposure to equity markets, but also provides partial or full capital protection if these markets fall.


Hotel and office property markets will continue to underperform in 2022 – FNB

26 Nov 2021  /  Palesa Mofokeng  
Industrial property sector is set to outperform all major property classes.

Companies and Deals

Botswana court delivers damning judgment against PwC over delayed Choppies audit

26 Nov 2021  /  Ciaran Ryan   1
The two largest shareholders in Choppies are suing PwC and its auditor for R621m in damages for loss of share value.

SAFM Market Update

Kaap Agri reports revenue growth; returns to normal dividend payments

25 Nov 2021  /  Fifi Peters  
The company’s diversified-footprint growth strategy over the last few years is proving successful: CEO Sean Walsh.

Fast News

South Africans geared for Black Friday

25 Nov 2021  /  Thomas Pays  
Consumers are spending differently this Black Friday.

Fast News

Cape Town’s V&A to get new desalination plant for water needs

25 Nov 2021  /  John Bowker, Bloomberg  
The plan comes four years after a lengthy drought forced authorities to impose strict measures on water consumption to avoid turning off the taps.

Fast News

Make this a season of festive cheer and not festive fraud

25 Nov 2021  /  Ombudsman for Banking Services (OBS), Reana Steyn  
Do not let down your guard down.

Companies and Deals

Bakers biscuit owner AVI in deal talks with Oreo maker Mondelez

25 Nov 2021  /  Nqobile Dludla, Reuters  
The Choice Assorted biscuits maker had been hinting since September that it had entered into negotiations, without providing a name of the other party or any details.

Companies and Deals

Mr Price to source more products locally

25 Nov 2021  /  Nqobile Dludla, Reuters  
Declares an interim dividend of 282.4 cents, up 34.4%.

Companies and Deals

Lewis surges 9.5% on strong half-year results

25 Nov 2021  /  Palesa Mofokeng  
Stock revels on the back of a recovery in sales compared to the Covid-hit comparative period.

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