I chatted Curro results with Keith McLachlan of Integral Asset Managers. He’s got concerns about the stock and prefers AdvTech*, which has both higher fee schools and tertiary education, which is in huge demand. Stadio is also liked due to its tertiary and distance learning models, which can benefit from Unisa’s woes.We’ve seen a stream of poor economic data out of China recently with deflation and high debt levels.
I spoke with David Rees, senior emerging markets Economist at Schroders, about how concerned we should be and whether China is at risk of becoming like Japan in the 1990s.BankserveAfrica released its latest take-home pay survey, and I spoke with independent economist Elize Kruger on the data. July saw the first increase in nominal salaries for a long time. Another small piece of good news in what is mostly an often bad news cycle locally.
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