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Top articles and comments, based on the Moneyweb Insiders activity.
The top shared articles of past 24hours.

  1. Eskom is said to mull asset sales as billionaire circles

    159
    2. Loni Prinsloo, Bloomberg / 14 December 2018 Patrice Motsepe in line to buy power utility's home-loans business.
     104      11   

  2. The retirement feature – part 2

    74
    3. Liston Meintjes / 14 December 2018 Why it pays to be aware of the effects that inflation and interest will have on your pension pot.
     44      6   

  3. Government-funded programme unlocks R72m cotton ginnery investment

    78
    4. Antoinette Slabbert / 14 December 2018 And more – a good story to tell.
     38      8   

  4. New or Used? What you should consider when you buy a car

    54
    5. Faisal Mkhize / 14 December 2018 Eleven factors to consider ahead of buying a car.
     34      4   

  5. Amcu threatens Sibanye-Stillwater platinum assets next year

    35
    6. Moneyweb / 13 December 2018 Amcu president warns: ‘We will never allow the monopoly capital to continue with its injustice.’
     25      2   

  6. Life insurers have to take control of their reputations

    50
    7. Patrick Cairns / 14 December 2018 Why do they have such an image problem when the statistics are so much in their favour?
     25      5   

  7. 2019 cannot be worse for cryptocurrencies

    45
    8. Sasha Planting / 14 December 2018 The Geneva Management Group believes the underlying technology, blockchain, has untapped value.
     15      6   

  8. America's moment of truth in Africa

    29
    9. Mike Cohen, Samer Khalil Al-Atrush, Henry Meyer and Margaret Talev, Bloomberg / 14 December 2018 It's losing out to China.
     9      4   

  9. Amcu strike at Sibanye comes to an end

    5
    10. Arabile Gumede and Nastassia Arendse / 14 December 2018 Amcu threatens platinum in the new year.
     5      0   

  10. Eskom debt swap proposal gets cold shoulder from Ramaphosa

    5
    11. Mike Cohen, Bloomberg / 14 December 2018 'We need to look at a number of other options.'
     5      0   

  11. Aspen Pharmacare shares slump after revenue forecast disappoints

    4
    12. Patricia Aruo, Reuters / 14 December 2018 Aspen forecast full-year revenue growth of between 1% and 4% in commercial pharmaceuticals.
     4      0   

  12. SA Civil Aviation Authority grounds CemAir's 21 planes

    4
    13. Loni Prinsloo, Bloomberg / 14 December 2018 CemAir was operating in contravention of the applicable regulatory prescripts.
     4      0   

  13. Foreign direct investment in SA down in Q3, portfolio flows up

    3
    14. Mfuneko Toyana, Reuters / 14 December 2018 The larger debt security inflow could be attributed to the issuance of foreign currency-denominated bonds by a public corporation, says Sarb
     3      0   

  14. Five things making headlines in South Africa today

    2
    15. Moneyweb / 14 December 2018 Eskom, Eskom and more Eskom, gold miners end strikes, rand update.
     2      0   

  15. Aspen strikes distribution deal with US drugmaker Mylan

    1
    16. Patricia Aruo, Reuters / 14 December 2018 Aspen says the deal is part of efforts to allow 'enhanced operational focus' and reduce complexity.
     1      0   

  16. Sibanye se Amcu-loonstaking word beëindig

    1
    17. Moneyweb / 13 December 2018 Die staking het finansiële verliese veroorsaak vir beide werkers en Sibanye.
     1      0   

  17. Bitcoin bomb threat goes international as scam expands to Canada

    1
    18. Maria Jose Valero, Bloomberg / 14 December 2018 Police departments from all over the US among the many local authorities that reported the threat in the US.
     1      0   

  18. Rooibosbedryf se gewildheid neem toe

    1
    19. Moneyweb / 13 December 2018 Die aantal grond onder die rooi tee gewas is 'n geskatte 57 00 hektaar.
     1      0   

  19. Rand weaker in early trade

    1
    20. Nomvelo Chalumbira, Reuters / 14 December 2018 The rand remains under pressure after a strong rally in the dollar in the previous session put the currency on the back foot.
     1      0   

  20. Jabu Mabuza & Eskom’s BEE coal policy: what’s going on?

    1
    21. Arabile Gumede and Nastassia Arendse / 14 December 2018 Eskom policy does indeed have ‘a black ownership target.
     1      0   
The top shared articles of the past 7 days.

  1. Absa: Here’s what’s wrong with its retail bank

    400
    2. Hilton Tarrant / 10 December 2018 The five not-so-minor problem it aims to fix.
     295      21   

  2. Is Finbond really paying 15.5% interest?

    409
    3. Patrick Cairns / 11 December 2018 Well, no.
     279      26   

  3. GEPF would buy Eskom debt, Business Times reports

    314
    4. Paul Richardson, Bloomberg / 9 December 2018 The company can't be allowed to fail, says Abel Sithole.
     269      9   

  4. The curious case of Jabu Mabuza and Eskom’s coal policy

    259
    5. Antoinette Slabbert / 12 December 2018 Denies policy that 'drove majors out of industry' ever existed.
     124      27   

  5. Two clear winners in low-cost banking battleground

    145
    6. Hilton Tarrant / 11 December 2018 Only two banks lead in the vanilla account space.
     105      8   

  6. Eskom is said to mull asset sales as billionaire circles

    159
    7. Loni Prinsloo, Bloomberg / 14 December 2018 Patrice Motsepe in line to buy power utility's home-loans business.
     104      11   

  7. Concern about proposed maximum drawdowns for ‘default’ living annuities

    171
    8. Ingé Lamprecht / 10 December 2018 FSCA hopes to provide retirees with some basic protection.
     96      15   

  8. After ugly year, JSE may be set to rally

    216
    9. Paul Wallace, Bloomberg / 11 December 2018 Could SA's equities market rebound from its worst year in the past decade?
     86      26   

  9. 3 court judgments that have changed the face of mining in SA

    104
    10. Ciaran Ryan / 10 December 2018 Local communities find themselves in the driving seat.
     84      4   

  10. Property sector under pressure to transform

    144
    11. Suren Naidoo / 12 December 2018 New BEE deals and a raft of new black appointments could boost transformation.
     69      15   

  11. The importance of dividends

    98
    12. Patrick Cairns / 10 December 2018 And the wonder of compounding.
     68      6   

  12. A tough investing year behind us, what now? 

    89
    13. Nkareng Mpobane / 8 December 2018 Looking back at the year that was.
     59      6   

  13. Why it’s so difficult to solve the retirement puzzle

    138
    14. Ingé Lamprecht / 11 December 2018 How do you get someone to sacrifice something today so they can have something better tomorrow?
     58      16   

  14. Strikes turn violent

    123
    15. Ciaran Ryan / 12 December 2018 Unions are under pressure to deliver for members in a brutal employment market.
     58      13   

  15. Magda Wierzycka says Iqbal Surve charges a decoy to hide truths

    151
    16. Arabile Gumede / 12 December 2018 Sygnia CEO says charges are laughable.
     56      19   

  16. Is active management really better in negative markets?

    186
    17. Patrick Cairns / 13 December 2018 What has the experience been in South Africa over the past five years?
     51      27   

  17. Appeal dismissed, Porritt to stay behind bars

    90
    18. Antoinette Slabbert / 11 December 2018 'Stratagem for delay ties in with history of case'.
     50      8   

  18. Absa: The problem with its revised financial targets …

    52
    19. Hilton Tarrant / 10 December 2018 Everything hinges on a turnaround of its retail bank.
     47      1   

  19. GEPF: Long-term funding level dropping over time

    111
    20. Barbara Curson / 10 December 2018 The last remaining deep well surrounded by encroaching desert.
     46      13   

  20. The retirement feature – part 2

    74
    21. Liston Meintjes / 14 December 2018 Why it pays to be aware of the effects that inflation and interest will have on your pension pot.
     44      6   
The top shared articles of the past month.

  1. Mystery R99 debit hits SA accounts

    774
    2. Julius Cobbett / 7 December 2018 Access to the payment universe was granted by Standard Bank.
     639      27   

  2. Transnet pension funds’ R100bn dagger pointed at the heart of SA

    449
    3. Ciaran Ryan / 16 November 2018 R100 billion – that's what Transnet owes pensioners, who are dying off at the rate of 300 to 400 a month.
     359      18   

  3. Claims of discrimination against black FNB customers heads to court

    540
    4. Ciaran Ryan / 4 December 2018 More than 4 000 bank customers claim they were charged 30% more than whites on mortgage loans.
     320      44   

  4. Would you rather get Absa's interest rate, or its dividend?

    457
    5. Patrick Cairns / 27 November 2018 You can currently get a higher yield from the share than you would in a notice account.
     302      31   

  5. Absa: Here’s what’s wrong with its retail bank

    400
    6. Hilton Tarrant / 10 December 2018 The five not-so-minor problem it aims to fix.
     295      21   

  6. New mega players in North Coast property boom

    315
    7. Suren Naidoo / 30 November 2018 Spearheaded by two well-known but publicity-shy KZN magnates.
     285      6   

  7. Is Finbond really paying 15.5% interest?

    409
    8. Patrick Cairns / 11 December 2018 Well, no.
     279      26   

  8. Steinhoff is not the JSE's biggest loser

    371
    9. Patrick Cairns / 22 November 2018 Construction companies are the bourse's real dogs.
     271      20   

  9. Load shedding: Gordhan cracks the whip

    496
    10. Antoinette Slabbert / 7 December 2018 'We have to serve South Africa better.'
     271      45   

  10. House prices down 21% – and falling – since the peak

    445
    11. Hilton Tarrant / 7 December 2018 Expect the gradual 'correction' to continue into 2019 …
     270      35   

  11. GEPF would buy Eskom debt, Business Times reports

    314
    12. Paul Richardson, Bloomberg / 9 December 2018 The company can't be allowed to fail, says Abel Sithole.
     269      9   

  12. Why SA should get a R2 plus drop in the petrol price

    319
    13. Mike Schüssler / 29 November 2018 Therefore, the Department of Energy can afford to drop the slate levy for December.
     264      11   

  13. Inside the Eskom crisis - a critical analysis

    443
    14. James-Brent Styan / 6 December 2018 The cost and impact of load shedding on South Africa.
     208      47   

  14. Behold, Discovery Bank!

    467
    15. Hilton Tarrant / 15 November 2018 The group finally takes the wraps off its offering. Well, sort of …
     202      53   

  15. Now there are eight stages of Eskom misery

    322
    16. Antoinette Slabbert / 20 November 2018 Likelihood of Stage 8 load shedding 'low'.
     192      26   

  16. Smart Shopper fuel points at BP are hardly rewarding

    231
    17. Hilton Tarrant / 29 November 2018 A comparison with bank and retailer rewards programmes.
     181      10   

  17. Transnet halts Durban port berths project over tender probe

    168
    18. Tanisha Heiberg, Reuters / 23 November 2018 State-owned logistics firm to investigate allegations around awarding of contract.
     163      1   

  18. An open letter to consumers from a financial advisor

    293
    19. Mike Lombard / 21 November 2018 'I expect the same courtesy from you as you expect from me.'
     158      27   

  19. Trading forex for a living

    157
    20. Moneyweb / 22 November 2018 Moneyweb spoke to Erin Peterson, head trader at JustForex.
     157      0   

  20. So you think renting is better than buying?

    346
    21. Ingé Lamprecht / 20 November 2018 Financial decision-making is about more than just the numbers.
     156      38   
The latest 20 comments.

  1. Millionaire portfolio

    14 December 2018 @ 5:49 pm
    2. I am an optimist sa will not go in the way of zim and other africa countries our biggest threat 7s Economic freedom fraud
      Comment on story: If you see a line in Zimbabwe, get in it: Rule for a new crisis

  2. David Melvill

    14 December 2018 @ 5:47 pm
    3. Thanks for sharing your wisdom Liston!
      Comment on story: The retirement feature – part 2

  3. Retired

    14 December 2018 @ 4:34 pm
    4. I agree with Professor Swilling that a more comprehensive policy than we have at present should be prepared by a team including scientists. Stellenbosch has both economists and scientists. They should set an example by coming up with a draft policy for discussion. "Retired manufacturing CEO"
      Comment on story: Ramaphosa is missing an economic policy; here’s what needs to be in it

  4. Realitybites

    14 December 2018 @ 3:16 pm
    5. @MactheKnife......Exactly... ! Crypto is not going away - the whales are going to be piling in soon. Lets check in again in a years time
      Comment on story: 2019 cannot be worse for cryptocurrencies

  5. Realitybites

    14 December 2018 @ 3:13 pm
    6. @TheSpeculator...Nope You dont understand crypto then Sure, its overheated and resetting itself - fantastic !! Lets check in again in a years time my friend
      Comment on story: 2019 cannot be worse for cryptocurrencies

  6. Swazi

    14 December 2018 @ 3:11 pm
    7. So, if you spend less, your money lasts longer. Genius!
      Comment on story: The retirement feature – part 2

  7. Bee Bob

    14 December 2018 @ 2:43 pm
    8. Book is a disaster...other major banks have had a look and walked away...actually a personal loan setup rather than home loan
     5   Comment on story: Eskom is said to mull asset sales as billionaire circles

  8. Bruce

    14 December 2018 @ 2:36 pm
    9. Eskom are such good employers it wouldn't surprise me if the home loans are interest free!
     2   Comment on story: Eskom is said to mull asset sales as billionaire circles

  9. TheSpeculator

    14 December 2018 @ 2:22 pm
    10. Very well explained. Why would some very powerful governments allow competition to their currencies? If they did nothing to them then it was because they knew that the Crypto currencies would implode by themselves.
     2   Comment on story: 2019 cannot be worse for cryptocurrencies

  10. vanatx

    14 December 2018 @ 1:43 pm
    11. "2019 cannot be worse for cryptocurrencies" - YES, it CAN.
     3   Comment on story: 2019 cannot be worse for cryptocurrencies

  11. DeBono

    14 December 2018 @ 12:56 pm
    12. Alcoholics go to rehab. Hard drug (like heroine) users go to rehab. Weed smokers go to Macdonalds.
      Comment on story: SA could combat unemployment by boosting cannabis trade

  12. Paull

    14 December 2018 @ 12:55 pm
    13. I personlly don't know what's so difficult to understand about all these conversations by all these experts, for me it is logical,if interest us 10% and inflation 8% you can not withdraw 5 %, only draw 2 percent etc. ....never touch capital
     1   Comment on story: The retirement feature – part 2

  13. MichaelfromKlerksdorp

    14 December 2018 @ 12:45 pm
    14. Nice choice, performance wise! ;-) Oi...but to expect your poor missus to be contend with a 3-series? She won't be noticed while driving! :-( She needs a trendy & chick FIAT 500 cabrio, that WILL stand out from the crowd! That is style she'll happily accept. Buy "style", not "fashion". "Fashion comes and goes, but style remains". A FIAT 500 is one of those (rare) small/cheaper cars that you can park alongside your Aston Martin or Maserati in your driveway, and it won't look out of place ;-) BMW/MERC/AUDI is like fashion. The cars's shape will be forgotten when the next face-lift arrives. The Fiat 500 is timeless. Your missus will thank you ;-)
     4   Comment on story: New or Used? What you should consider when you buy a car

  14. Paull

    14 December 2018 @ 12:38 pm
    15. Ya, first it was Guptas everywhere, ow lately it is just Motsepe Motsepe everywhere, same story just new actors........I can't believe these people
     10   Comment on story: Eskom is said to mull asset sales as billionaire circles

  15. MichaelfromKlerksdorp

    14 December 2018 @ 12:25 pm
    16. In many cases, the "golden" period is a used vehicle in the 2-3yr age range: generally 60,000km and still "new enough" to last a long time before maintenance becomes as issue, and with a few years of factory warranty still intact. Plus with a large chunk if depreciation (kindly) borne by 1st buyer. The difference in lower cost, usually makes up more than enough to cover sooner maintenance. Strange as it is, you have people that are too afraid to buy (good) used, fearing say a R50K engine, gearbox or turbo replacement job...but at the same time, not afraid to spend say a few hundred thousand more for a brand new vehicle. You'll lose a R100K or R200K after the 1st year or two...so why be afraid of a (potential) large repair job on a used car? Pascal's wager applies: (A) If you buy new, you will be hit (100% chance) by a large drop in initial depreciation (i.e. money you "over paid" the real market), OR (B)...buy used, save 40%-50% in cost, but risk say 10% (or less) on major repairs. If no major repairs, you win. Balance goes to share portfolio....
     7   Comment on story: New or Used? What you should consider when you buy a car

  16. raymondbc

    14 December 2018 @ 12:19 pm
    17. When 70% of the debtors on that book get retrenched, the loans business will fail. Probably getting quotes on insurance now.
     6   Comment on story: Eskom is said to mull asset sales as billionaire circles

  17. JapieM

    14 December 2018 @ 12:17 pm
    18. It will be a boost for crime, NOT jobs. Drug-addicts steel, first out of wallets of family members and later, when they get kicked out and live on the streets, they get into worse crimes. And this is not even looking at the health risks. Maybe people should remember why it was outlawed in the first place.
     1   Comment on story: SA could combat unemployment by boosting cannabis trade

  18. DCFix

    14 December 2018 @ 12:01 pm
    19. and so Joseph..... and all those fancy properties/mansions you live in and move around between to protect your backside. Lombardy Estate mansion amongst others.... all that Union workers money for you and your personal capitalist greed... great performance I must say.
     6   Comment on story: Amcu threatens Sibanye-Stillwater platinum assets next year

  19. Be serious

    14 December 2018 @ 12:00 pm
    20. The answer is "C". What you have to understand is that it isn't a simple case of "failed to disclose." He LIED when he answered specific questions on the application form. That is a big difference. If he had told the truth, the policy would not have been issued at that particular time. Momentum would have called for further medical information. They would then have discovered his dishonesty and the question no-one wants to answer is ... If, at application stage, the insurer finds out you lied about your medical history ? Do they lay a charge of fraud/ attempted fraud ? “The best form of control is self-control.” If only the client had exercised self-control, this situation would never have arisen.
     2   Comment on story: Life insurers have to take control of their reputations

  20. bobsmith

    14 December 2018 @ 11:52 am
    21. We haven't even discussed the most obvious: HEMP! Hemp production will be far better than it's cousin. It is time to explore the advantages of Hemp which is a true crop and can be used for so many things.
      Comment on story: SA could combat unemployment by boosting cannabis trade
The top voted comments of the past 7 days.

  1. Louise BCook

    12 December 2018 @ 4:01 am
    2. The existence of the policy is common knowledge - many suppliers to coal mines also went out of business due to the changes in ownership when the mines were sold. It was astonishing to see how smaller businesses that supplied the mines folded one after the other and people lost jobs. And it may also have been the time that the notion of coal being a strategic commodity over which government wanted control in terms of supplies, was prominently in the news. Yes, government destroys a whole industry and then cry foul over unemployment! No wonder SA's mining sector is where it is today - same as education.
     162   Comment on story: The curious case of Jabu Mabuza and Eskom’s coal policy

  2. oaktree

    12 December 2018 @ 6:54 am
    3. BBBEE, a racist policy that is the breeding ground for fraud and corruption. It is the root cause of the majority of ALL South Africa's econocmic problems. It is time for this to be scrapped.
     102   Comment on story: The curious case of Jabu Mabuza and Eskom’s coal policy

  3. eaeh

    12 December 2018 @ 6:29 am
    4. This country is going down the drain due to one factor. No skills transfer. This is found in all sectors of the economy. The new incumbents think they know it all. There is no understanding how a business or the economy works. Where on earth do you tender for work, get funds up front and have the work completed. Will happen no where else in the world. The upfront funds will be spent and the work will not be completed. There is a basic expectation that wealth is created by receiving funds. Not using funds, doing the work end extracting at the end of the day profits which is the part that is called wealth creation. Wake up brothers no such thing as a free lunch. This is what is coming to roost now. a Bankrupt SA.
     92   Comment on story: The curious case of Jabu Mabuza and Eskom’s coal policy

  4. Rule9

    11 December 2018 @ 5:07 am
    5. Investors beware. Strange and unique ways of calculating interest designed to appeal to your greed and entice you to give this mutual bank your money should be a WARNING to you.
     85   Comment on story: Is Finbond really paying 15.5% interest?

  5. Sensei

    9 December 2018 @ 8:53 pm
    6. Now this is what they call divine justice! ANC supporters (the majority of government employees) are going to pay for their own mistakes! People who vote for the ANC are going to foot the bill for cadre deployment. The looters are going to fund the looters! The dog is chasing its own tail. Let's take it one step further - this means that the assets of government employees are being expropriated without compensation to save their employer! Geees! never a dull moment with this bunch of lunatics.
     84   Comment on story: GEPF would buy Eskom debt, Business Times reports

  6. Beethoven

    13 December 2018 @ 11:18 am
    7. That’s rich IckySoft Survé, about the authorities dealing with Magda. The authorities are going to deal with you much more sharply when you can’t pay back the PIC for your newspaper experiment. A nice cell with a few numbers gang members may jog you away from your hallucinations and petty posturing
     76   Comment on story: Let Wierzycka deal with authorities – Dr Iqbal Survé

  7. Richardthe Great

    9 December 2018 @ 2:12 pm
    8. South Africa still has massive gold resources in the Wits basin. The main issue is cost and political risk. One should note that the last two Wits mines to come on stream were South Deep and Target. These were planned before the ANC took over. Since the ANC took over no new mines were started. In the hundred or so years before the ANC, over one hundred mines were started. Before the ANC took over there was a lot of talk of the next generation of Wits mines. There is a lot of Wits basin that has not been mined. For example the Poplar and Rolspruit areas in Evander. South of Johannesburg there is about 111 million ounces in the Main Reef and Main Reef leader (Argonaut). Deep but not that deep. The down dip extensions of many mines on the West Wits line has further potential but this is deep. The Potch gap has potential. There is a lot of shallow ground in the Free State such as the area between Harmony and Joel. All these plans fell by the wayside with the ANC due to the risk associated with investments in SA. Royalties just compounded the issue and sterilised millions of ounces. Militant labour put the final nail in the coffin.
     62   Comment on story: South African gold industry enters final phase of slow death

  8. Sideways Onion

    13 December 2018 @ 12:12 pm
    9. Yes, Iqbal, Magda will deal with the authorities, and while she is doing that, you take the time to tell us how you are going to pay back the PIC?
     61   Comment on story: Let Wierzycka deal with authorities – Dr Iqbal Survé

  9. Grumpysumpy

    11 December 2018 @ 8:42 am
    10. Kudos to Moneyweb for sticking with this story, it's been a long and tedious journey and many a publication would have lost interest years ago. Keep up the good work!!
     61   Comment on story: Appeal dismissed, Porritt to stay behind bars

  10. talker

    13 December 2018 @ 12:35 am
    11. It could probably help the job market, but the core reason we have huge unemployment is not to do with a lack of opportunities or industries. It is a mix of our rigid labour legislation, aggressive unions, poor education system, bee requirements, red tape and legislation strangling small business etc etc etc. We could have great employment prospects in many of our current industries if these things are just addressed, but it is becoming clear that what is happening is quite the opposite, they are getting worse every year. Bottom line, whether you're selling shoes or pot, employing people is going to be a battle.
     57   Comment on story: SA could combat unemployment by boosting cannabis trade

  11. Sensei

    9 December 2018 @ 3:37 pm
    12. We have got this weird situation in South Africa. The owners of the mining companies are under the impression that they are mining for gold. In reality the true "gold diggers" are Eskom and the mine workers. The mining company merely serves to facilitate the extraction of gold by the ultimate beneficiaries of the whole process - Eskom and mine workers. For its share of the gold, Eskom actually competes with the mine workers. The government-sponsored monopoly gives Eskom the power of extortion. The labour laws give unions the power of extortion. Each of them is busy extorting at the maximum rate. They are fighting over the same carcass like a pack of hyenas. It is a feeding frenzy of cadre against cadre, with the emaciated owners of the mine in the middle. Eventually it will dawn on the legal owners of the mine(investors) that they are not the beneficiaries of this mining process. They are merely sponsoring the extraction for the benefit of true recipients. The vultures(zamma zammas) are circling overhead, ready to take over whatever scraps Eskom and the labour unions leave behind. This situation describes every industry in South Africa. The foreign investors are horrified by this spectacle.
     55   Comment on story: South African gold industry enters final phase of slow death

  12. casper1

    8 December 2018 @ 5:07 am
    13. Dear all - Please stop using the word 'challenge' instead of the real words like - problem, disaster or dysfunctional. eg we do not have a fiscal challenge - we have a serious problem!!!!!!
     54   Comment on story: A tough investing year behind us, what now? 

  13. Davebee

    12 December 2018 @ 6:34 am
    14. TRANSFORMATION, yup, gotta love that 'T'word. Just like the Estate Agents Affairs Board has recently been transformed into an all but in name arm of the state answering in the main to the minister of human settlements.I kid you not. I personally give this industry about 12 months and they will have totally eliminated ANY PRIVATE property sales, in that ALL homes will then HAVE to be sold by a so-called Property Professional (That's sommer an old estate agent to you and I) who is answerable to the EAAB who are in turn governed by....GEDDIT? I find there is a sort of movie script that applies in this country post '94: As soon as you hear Transformation or Charter, here comes twubble. But what would a 73 year old male know anyway?
     52   Comment on story: Property sector under pressure to transform

  14. Africa Pragmatist

    13 December 2018 @ 12:44 pm
    15. Iqbal, there is nothing wrong with oversight ESPECIALLY WHEN YOU ARE USING AND ABUSING PIC MONEY. Answer this.... How would you like it if your pension fund had Billions if Rands of right downs?
     47   Comment on story: Let Wierzycka deal with authorities – Dr Iqbal Survé

  15. boomgloom

    12 December 2018 @ 6:44 am
    16. Eventually machines will do all the work of these people and they will be able to enjoy their free time at home.
     47   Comment on story: Strikes turn violent

  16. Joe elze

    12 December 2018 @ 7:44 am
    17. So, we are to save Escom with a liar in charge. Bleak prospects indeed.
     46   Comment on story: The curious case of Jabu Mabuza and Eskom’s coal policy

  17. Pensioner01

    10 December 2018 @ 7:45 am
    18. Do they think retired people are a bunch of morons? Surely we can decide ourselves how much we want to draw down. We didn’t all suddenly forget how to add up once we retired. I would be very annoyed if they did this.
     46   Comment on story: Concern about proposed maximum drawdowns for ‘default’ living annuities

  18. Christina S

    12 December 2018 @ 8:05 am
    19. You reap what you sow. I for one have no sympathy for this corrupt ANC Government as they've absolutely destroyed South Africa in all aspects.
     43   Comment on story: The curious case of Jabu Mabuza and Eskom’s coal policy

  19. Zokey

    11 December 2018 @ 6:04 am
    20. Well whether he gets convicted and jailed OR stays in pre confinement he is in jail. Merry Christmas THIEF
     43   Comment on story: Appeal dismissed, Porritt to stay behind bars

  20. rebelboer

    10 December 2018 @ 7:10 am
    21. If its about relationships with clients and meeting the needs of clients, you have to empower the branch manager. For the branch manager to be allowed discretion means that the culture where every decision is made at head office or worse still, the client is referred to a call center, needs to change. ABSA has been run in an authoritarian top down military style. This is the way their clients are treated. WE know better. These are the products we have. Just look at banking hours for example. If I am not mistaken, Capitec has the longest most client friendly hours, followed by FNB, then Nedbank and Standard and only then ABSA. That is probably how they rank in terms of performance as well. In addition their record of repossessions and litigious behavior, does not inspire confidence. So rip off the Band Aid and change the culture. From the top. Or continue slowly dying holding onto your rules and regulations manual...
     43   Comment on story: Absa: Here’s what’s wrong with its retail bank
The top commented articles of the past 7 days.

  1. Is active management really better in negative markets?

    186
    2. Patrick Cairns / 13 December 2018 What has the experience been in South Africa over the past five years?
     51      27   

  2. The curious case of Jabu Mabuza and Eskom’s coal policy

    259
    3. Antoinette Slabbert / 12 December 2018 Denies policy that 'drove majors out of industry' ever existed.
     124      27   

  3. Is Finbond really paying 15.5% interest?

    409
    4. Patrick Cairns / 11 December 2018 Well, no.
     279      26   

  4. After ugly year, JSE may be set to rally

    216
    5. Paul Wallace, Bloomberg / 11 December 2018 Could SA's equities market rebound from its worst year in the past decade?
     86      26   

  5. Sygnia CEO speaks out on attempted extortion charges

    145
    6. Moneyweb / 12 December 2018 Magda Wierzycka made an offer to buy back shares from AEEI, which in turn laid criminal charges.
     40      21   

  6. Absa: Here’s what’s wrong with its retail bank

    400
    7. Hilton Tarrant / 10 December 2018 The five not-so-minor problem it aims to fix.
     295      21   

  7. Magda Wierzycka says Iqbal Surve charges a decoy to hide truths

    151
    8. Arabile Gumede / 12 December 2018 Sygnia CEO says charges are laughable.
     56      19   

  8. SA could combat unemployment by boosting cannabis trade

    121
    9. Wandile Sihlobo / 13 December 2018 There is potential for the country to enter the international cannabis trade.
     31      18   

  9. South African gold industry enters final phase of slow death

    114
    10. Felix Njini, Bloomberg / 9 December 2018 Gold industry now employs less than a fifth of the number that used to power the apartheid economy.
     29      17   

  10. Why it’s so difficult to solve the retirement puzzle

    138
    11. Ingé Lamprecht / 11 December 2018 How do you get someone to sacrifice something today so they can have something better tomorrow?
     58      16   

  11. Ramaphosa is missing an economic policy; here's what needs to be in it

    115
    12. Mark Swilling / 13 December 2018 Summits on investments and jobs do not equate to policy.
     35      16   

  12. Concern about proposed maximum drawdowns for ‘default’ living annuities

    171
    13. Ingé Lamprecht / 10 December 2018 FSCA hopes to provide retirees with some basic protection.
     96      15   

  13. Property sector under pressure to transform

    144
    14. Suren Naidoo / 12 December 2018 New BEE deals and a raft of new black appointments could boost transformation.
     69      15   

  14. GEPF: Long-term funding level dropping over time

    111
    15. Barbara Curson / 10 December 2018 The last remaining deep well surrounded by encroaching desert.
     46      13   

  15. Strikes turn violent

    123
    16. Ciaran Ryan / 12 December 2018 Unions are under pressure to deliver for members in a brutal employment market.
     58      13   

  16. Scandal dogs self-styled party of the poor, the EFF

    94
    17. Sam Mkokeli and Amogelang Mbatha, Bloomberg / 12 December 2018 String of improprieties dent party's efforts to portray itself as a voice of the poor.
     39      11   

  17. Eskom is said to mull asset sales as billionaire circles

    159
    18. Loni Prinsloo, Bloomberg / 14 December 2018 Patrice Motsepe in line to buy power utility's home-loans business.
     104      11   

  18. Let Wierzycka deal with authorities - Dr Iqbal Survé

    75
    19. Arabile Gumede / 13 December 2018 Chairman of Sekunjalo explains the extortion charges laid against the Sygnia CEO.
     25      10   

  19. GEPF would buy Eskom debt, Business Times reports

    314
    20. Paul Richardson, Bloomberg / 9 December 2018 The company can't be allowed to fail, says Abel Sithole.
     269      9   

  20. Sexual harassment in workplace is seen differently by men, women

    48
    21. Alex Tanzi and Katia Dmitrieva, Bloomberg / 9 December 2018 More than one in ten women said comments on appearance are harassment, versus less than that for men.
     8      8   
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