Trending on Moneyweb
Top articles and comments, based on the Moneyweb Insiders activity.
The top shared articles of past 24hours.
    Loni Prinsloo, Bloomberg / 14 December 2018 Patrice Motsepe in line to buy power utility's home-loans business.
     104      11   
    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   
    Antoinette Slabbert / 14 December 2018 And more – a good story to tell.
     38      8   
    Faisal Mkhize / 14 December 2018 Eleven factors to consider ahead of buying a car.
     34      4   
    Moneyweb / 13 December 2018 Amcu president warns: ‘We will never allow the monopoly capital to continue with its injustice.’
     25      2   
    Patrick Cairns / 14 December 2018 Why do they have such an image problem when the statistics are so much in their favour?
     25      5   
    Sasha Planting / 14 December 2018 The Geneva Management Group believes the underlying technology, blockchain, has untapped value.
     15      6   
    Mike Cohen, Samer Khalil Al-Atrush, Henry Meyer and Margaret Talev, Bloomberg / 14 December 2018 It's losing out to China.
     9      4   
    Arabile Gumede and Nastassia Arendse / 14 December 2018 Amcu threatens platinum in the new year.
     5      0   
    Mike Cohen, Bloomberg / 14 December 2018 'We need to look at a number of other options.'
     5      0   
    Patricia Aruo, Reuters / 14 December 2018 Aspen forecast full-year revenue growth of between 1% and 4% in commercial pharmaceuticals.
     4      0   
    Loni Prinsloo, Bloomberg / 14 December 2018 CemAir was operating in contravention of the applicable regulatory prescripts.
     4      0   
    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   
    Moneyweb / 14 December 2018 Eskom, Eskom and more Eskom, gold miners end strikes, rand update.
     2      0   
    Patricia Aruo, Reuters / 14 December 2018 Aspen says the deal is part of efforts to allow 'enhanced operational focus' and reduce complexity.
     1      0   
    Moneyweb / 13 December 2018 Die staking het finansiële verliese veroorsaak vir beide werkers en Sibanye.
     1      0   
    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   
    Moneyweb / 13 December 2018 Die aantal grond onder die rooi tee gewas is 'n geskatte 57 00 hektaar.
     1      0   
    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   
    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.
    Hilton Tarrant / 10 December 2018 The five not-so-minor problem it aims to fix.
     295      21   
    Patrick Cairns / 11 December 2018 Well, no.
     279      26   
    Paul Richardson, Bloomberg / 9 December 2018 The company can't be allowed to fail, says Abel Sithole.
     269      9   
    Antoinette Slabbert / 12 December 2018 Denies policy that 'drove majors out of industry' ever existed.
     124      27   
    Hilton Tarrant / 11 December 2018 Only two banks lead in the vanilla account space.
     105      8   
    Loni Prinsloo, Bloomberg / 14 December 2018 Patrice Motsepe in line to buy power utility's home-loans business.
     104      11   
    Ingé Lamprecht / 10 December 2018 FSCA hopes to provide retirees with some basic protection.
     96      15   
    Paul Wallace, Bloomberg / 11 December 2018 Could SA's equities market rebound from its worst year in the past decade?
     86      26   
    Ciaran Ryan / 10 December 2018 Local communities find themselves in the driving seat.
     84      4   
    Suren Naidoo / 12 December 2018 New BEE deals and a raft of new black appointments could boost transformation.
     69      15   
    Patrick Cairns / 10 December 2018 And the wonder of compounding.
     68      6   
    Nkareng Mpobane / 8 December 2018 Looking back at the year that was.
     59      6   
    Ingé Lamprecht / 11 December 2018 How do you get someone to sacrifice something today so they can have something better tomorrow?
     58      16   
    Ciaran Ryan / 12 December 2018 Unions are under pressure to deliver for members in a brutal employment market.
     58      13   
    Arabile Gumede / 12 December 2018 Sygnia CEO says charges are laughable.
     56      19   
    Patrick Cairns / 13 December 2018 What has the experience been in South Africa over the past five years?
     51      27   
    Antoinette Slabbert / 11 December 2018 'Stratagem for delay ties in with history of case'.
     50      8   
    Hilton Tarrant / 10 December 2018 Everything hinges on a turnaround of its retail bank.
     47      1   
    Barbara Curson / 10 December 2018 The last remaining deep well surrounded by encroaching desert.
     46      13   
    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.
    Julius Cobbett / 7 December 2018 Access to the payment universe was granted by Standard Bank.
     639      27   
    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   
    Ciaran Ryan / 4 December 2018 More than 4 000 bank customers claim they were charged 30% more than whites on mortgage loans.
     320      44   
    Patrick Cairns / 27 November 2018 You can currently get a higher yield from the share than you would in a notice account.
     302      31   
    Hilton Tarrant / 10 December 2018 The five not-so-minor problem it aims to fix.
     295      21   
    Suren Naidoo / 30 November 2018 Spearheaded by two well-known but publicity-shy KZN magnates.
     285      6   
    Patrick Cairns / 11 December 2018 Well, no.
     279      26   
    Patrick Cairns / 22 November 2018 Construction companies are the bourse's real dogs.
     271      20   
    Antoinette Slabbert / 7 December 2018 'We have to serve South Africa better.'
     271      45   
    Hilton Tarrant / 7 December 2018 Expect the gradual 'correction' to continue into 2019 …
     270      35   
    Paul Richardson, Bloomberg / 9 December 2018 The company can't be allowed to fail, says Abel Sithole.
     269      9   
    Mike Schüssler / 29 November 2018 Therefore, the Department of Energy can afford to drop the slate levy for December.
     264      11   
    James-Brent Styan / 6 December 2018 The cost and impact of load shedding on South Africa.
     208      47   
    Hilton Tarrant / 15 November 2018 The group finally takes the wraps off its offering. Well, sort of …
     202      53   
    Antoinette Slabbert / 20 November 2018 Likelihood of Stage 8 load shedding 'low'.
     192      26   
    Hilton Tarrant / 29 November 2018 A comparison with bank and retailer rewards programmes.
     181      10   
    Tanisha Heiberg, Reuters / 23 November 2018 State-owned logistics firm to investigate allegations around awarding of contract.
     163      1   
    Mike Lombard / 21 November 2018 'I expect the same courtesy from you as you expect from me.'
     158      27   
    Moneyweb / 22 November 2018 Moneyweb spoke to Erin Peterson, head trader at JustForex.
     157      0   
    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
  3. David Melvill

    14 December 2018 @ 5:47 pm
  4. Thanks for sharing your wisdom Liston!
  5. Retired

    14 December 2018 @ 4:34 pm
  6. 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"
  7. Realitybites

    14 December 2018 @ 3:16 pm
  8. @MactheKnife......Exactly... ! Crypto is not going away - the whales are going to be piling in soon. Lets check in again in a years time
  9. Realitybites

    14 December 2018 @ 3:13 pm
  10. @TheSpeculator...Nope You dont understand crypto then Sure, its overheated and resetting itself - fantastic !! Lets check in again in a years time my friend
  11. Swazi

    14 December 2018 @ 3:11 pm
  12. So, if you spend less, your money lasts longer. Genius!
  13. Bee Bob

    14 December 2018 @ 2:43 pm
  14. Book is a disaster...other major banks have had a look and walked away...actually a personal loan setup rather than home loan
  15. Bruce

    14 December 2018 @ 2:36 pm
  16. Eskom are such good employers it wouldn't surprise me if the home loans are interest free!
  17. TheSpeculator

    14 December 2018 @ 2:22 pm
  18. 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.
  19. vanatx

    14 December 2018 @ 1:43 pm
  20. "2019 cannot be worse for cryptocurrencies" - YES, it CAN.
  21. DeBono

    14 December 2018 @ 12:56 pm
  22. Alcoholics go to rehab. Hard drug (like heroine) users go to rehab. Weed smokers go to Macdonalds.
  23. Paull

    14 December 2018 @ 12:55 pm
  24. 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
  25. MichaelfromKlerksdorp

    14 December 2018 @ 12:45 pm
  26. 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 ;-)
  27. Paull

    14 December 2018 @ 12:38 pm
  28. 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
  29. MichaelfromKlerksdorp

    14 December 2018 @ 12:25 pm
  30. 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....
  31. raymondbc

    14 December 2018 @ 12:19 pm
  32. When 70% of the debtors on that book get retrenched, the loans business will fail. Probably getting quotes on insurance now.
  33. JapieM

    14 December 2018 @ 12:17 pm
  34. 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.
  35. DCFix

    14 December 2018 @ 12:01 pm
  36. 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.
  37. Be serious

    14 December 2018 @ 12:00 pm
  38. 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.
  39. bobsmith

    14 December 2018 @ 11:52 am
  40. 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.
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.
  3. oaktree

    12 December 2018 @ 6:54 am
  4. 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.
  5. eaeh

    12 December 2018 @ 6:29 am
  6. 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.
  7. Rule9

    11 December 2018 @ 5:07 am
  8. 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.
  9. Sensei

    9 December 2018 @ 8:53 pm
  10. 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.
  11. Beethoven

    13 December 2018 @ 11:18 am
  12. 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
  13. Richardthe Great

    9 December 2018 @ 2:12 pm
  14. 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.
  15. Sideways Onion

    13 December 2018 @ 12:12 pm
  16. 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?
  17. Grumpysumpy

    11 December 2018 @ 8:42 am
  18. 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!!
  19. talker

    13 December 2018 @ 12:35 am
  20. 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.
  21. Sensei

    9 December 2018 @ 3:37 pm
  22. 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.
  23. casper1

    8 December 2018 @ 5:07 am
  24. 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!!!!!!
  25. Davebee

    12 December 2018 @ 6:34 am
  26. 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?
  27. Africa Pragmatist

    13 December 2018 @ 12:44 pm
  28. 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?
  29. boomgloom

    12 December 2018 @ 6:44 am
  30. Eventually machines will do all the work of these people and they will be able to enjoy their free time at home.
  31. Joe elze

    12 December 2018 @ 7:44 am
  32. So, we are to save Escom with a liar in charge. Bleak prospects indeed.
  33. Pensioner01

    10 December 2018 @ 7:45 am
  34. 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.
  35. Christina S

    12 December 2018 @ 8:05 am
  36. 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.
  37. Zokey

    11 December 2018 @ 6:04 am
  38. Well whether he gets convicted and jailed OR stays in pre confinement he is in jail. Merry Christmas THIEF
  39. rebelboer

    10 December 2018 @ 7:10 am
  40. 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...
The top commented articles of the past 7 days.
    Patrick Cairns / 13 December 2018 What has the experience been in South Africa over the past five years?
     51      27   
    Antoinette Slabbert / 12 December 2018 Denies policy that 'drove majors out of industry' ever existed.
     124      27   
    Patrick Cairns / 11 December 2018 Well, no.
     279      26   
    Paul Wallace, Bloomberg / 11 December 2018 Could SA's equities market rebound from its worst year in the past decade?
     86      26   
    Moneyweb / 12 December 2018 Magda Wierzycka made an offer to buy back shares from AEEI, which in turn laid criminal charges.
     40      21   
    Hilton Tarrant / 10 December 2018 The five not-so-minor problem it aims to fix.
     295      21   
    Arabile Gumede / 12 December 2018 Sygnia CEO says charges are laughable.
     56      19   
    Wandile Sihlobo / 13 December 2018 There is potential for the country to enter the international cannabis trade.
     31      18   
    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   
    Ingé Lamprecht / 11 December 2018 How do you get someone to sacrifice something today so they can have something better tomorrow?
     58      16   
    Mark Swilling / 13 December 2018 Summits on investments and jobs do not equate to policy.
     35      16   
    Ingé Lamprecht / 10 December 2018 FSCA hopes to provide retirees with some basic protection.
     96      15   
    Suren Naidoo / 12 December 2018 New BEE deals and a raft of new black appointments could boost transformation.
     69      15   
    Barbara Curson / 10 December 2018 The last remaining deep well surrounded by encroaching desert.
     46      13   
    Ciaran Ryan / 12 December 2018 Unions are under pressure to deliver for members in a brutal employment market.
     58      13   
    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   
    Loni Prinsloo, Bloomberg / 14 December 2018 Patrice Motsepe in line to buy power utility's home-loans business.
     104      11   
    Arabile Gumede / 13 December 2018 Chairman of Sekunjalo explains the extortion charges laid against the Sygnia CEO.
     25      10   
    Paul Richardson, Bloomberg / 9 December 2018 The company can't be allowed to fail, says Abel Sithole.
     269      9   
    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   
GO TO SHOP CART

Follow us:

Search Articles:Advanced Search
Click a Company:

server: 172.17.0.2