THE FINANCE GHOST: How the Royal Bafokeng cracked the BEE code

  • 📰 FinancialMail
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

Business News News

Royal Bafokeng Holdings has been one of SA’s savviest BEE investment firms — which would make it a brilliant addition to the JSE, writes FinanceGhost.

PSG’s departure from the market means there’s one less investment holding company to choose from. As the universe of investment opportunities on the JSE continues to shrink, it’s never good to see another major group using the exit door.

Though the problem of a discount to NAV plagues many such companies, the likes of Sabvest Capital show that these can be solid investments. The key is to offer an appropriate cost base and a solid mix of investments that aren’t easy to access elsewhere. These are critical in narrowing the discount to NAV to an acceptable level...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

FinanceGhost I have lost so much through investing cause I was new and didnt meet the right Account manager to invest with I was at the verge of quitting till I was introduced to Austin_Netzley1 and my story changed. It’s worth a try I can testify this platform Austin_Netzley1

FinanceGhost I stayed at home for several months after I lost my job,I felt really bad at first, but a friend of mine introduced me to this Man I really counted on him because l needed to feed my kids, I just want to appreciate him for integrity. Join him now Austin_Netzley1

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 20. in BUSİNESS

Business Business Latest News, Business Business Headlines