“There is a very real choice between getting Brexit done and the potential extinction of this great party,” Johnson told a private meeting of Tory members of Parliament, according to his office.
“Sajid was very responsible, Rory was a direct pitch to colleagues, Boris was more subdued, and Andrea was more optimistic,” Morgan said. Javid, the Home Secretary, warned his colleagues against choosing “a leader who thinks the way to lead is to exploit divisions,” according to his office. Talking about the drubbing the Tories had received from Farage at last month’s election, he said: “We will not beat the Brexit Party by becoming the Brexit Party.”May is due to submit her resignation as Conservative Leader on June 7, though she’ll stay on as prime minister until her successor is elected.
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BUSINESS MAVERICK ANALYSIS: SAA: Time for a Business Unusual approachNews of the resignation of SAA CEO Vuyani Jarana has aroused a binary response: If a private sector CEO with the credibility of Jarana cannot turn the airline around, then SAA is a basket case that must be placed into business rescue or sold. Alternatively, the narrative goes that Jarana’s departure is directly linked to Public Enterprises Minister Pravin Gordhan, who interferes and micro-manages, but denies crucial support when needed. The truth, as usual, is likely to be far more nuanced. sashaplanting What bs article, a donkey speaking!!!!!
Herkunft: dailymaverick - 🏆 3. / 84 Weiterlesen »
BUSINESS MAVERICK — INVESTMENT ANALYSIS: Naspers: to infinity and beyondCape Town based internet firm, Naspers, has announced it will list a subsidiary company, Newco, on the Euronext exchange in July. Newco will hold all of Naspers offshore technology assets, including Tencent, OLX and PayU, and will have a secondary inward listing on the JSE. Naspers will remain listed on the JSE.
Herkunft: dailymaverick - 🏆 3. / 84 Weiterlesen »
BUSINESS MAVERICK: Once bulletproof, listed property stocks are flounderingThe listed property sector managed to ride out the economic and political turmoil during the corrosive Jacob Zuma years. Investors backing listed property stocks were consistently rewarded with inflation-beating dividends. However, worsening trading conditions are dampening results and forcing companies to downgrade their dividend growth.
Herkunft: dailymaverick - 🏆 3. / 84 Weiterlesen »
Business Maverick: After gobbling up Lonmin, the Sibanye juggernaut rolls onSibanye-Stillwater and Lonmin shareholders on Tuesday 28 May 2019 approved a takeover offer by the former for the latter. This marks the end of one era in South African platinum as Lonmin, formerly linked to Lonrho, rides off into the sunset, with a history stretching back over a century. And a new era is in the offing, as Sibanye becomes the world’s largest primary producer of platinum group metals (PGMs), with an eye on expanding into battery metals.
Herkunft: dailymaverick - 🏆 3. / 84 Weiterlesen »
BUSINESS MAVERICK — INVESTMENT ANALYSIS: Beyond traditional investments: cranes, planes and rock ’n rollCranes, planes, and rock and roll don’t seem to quite fit into the world of hard-core investments, but you may already have them in your portfolio. What are they doing there?
Herkunft: dailymaverick - 🏆 3. / 84 Weiterlesen »
Business Maverick: Liquidity risks haunts China’s fast-growing bond marketsJust as Beijing is opening up to outsiders its byzantine regulatory framework and patchy trading volumes could cause a shock in the country’s debt market. But pravingordhan must be held account him and PresJGZuma there is no difference all have violated the constitution. Pravin is not above the law. Did u get that clear?
Herkunft: dailymaverick - 🏆 3. / 84 Weiterlesen »
BUSINESS MAVERICK: Why has the JSE performed so poorly?That the local stock exchange has performed spectacularly badly for investors in recent years is no secret. The detail of why is unfortunately too often overlooked.
Herkunft: dailymaverick - 🏆 3. / 84 Weiterlesen »
Business Maverick: Shock as SA’s first-quarter economic growth shrinks by 3.2%Days after President Cyril Ramaphosa pledged to implement his economic reform plans during his inauguration, the latest economic growth figures underscore the urgency in which he has to fix SA’s broken economy. During the first quarter, the economy recorded the largest contraction since the global financial crisis 10 years ago. It’s the first time the impact of recent rolling blackouts on the economy is laid bare. All the fantastic ideas from MYANC led by CyrilRamaphosa led to this, they only think of ways to destroy the economy. Soon they will run out of tax revenue and then uncle Tom cannot be blamed anymore. We need to make SA a tax heaven with no BEEE etc, allow everybody than can create jobs to go wild in doing so, use the army to stabilize security, and then investors may return to create jobs Incompetence reigns supreme !
Herkunft: dailymaverick - 🏆 3. / 84 Weiterlesen »