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Richemont’s YNAP deal good for its core business

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[POLL RESULTS] A large number of the twitter community that took part in the MoneywebNow poll say they don’t hold any Tiger Brands shares as a result of the problems that have recently been faced by the group. Download podcast:

Herenya Capital Advisors’s Petri Redelinghuys talks Tiger Brands as its trading update sends it share rocketing higher. Tasneem Samodien from Old Mutual on Richemont and its online strategy as it merges Net-A-Porter with Farfetch.

Allan Gray’s Thalia Petousis talks the commodity boom in Africa.
 

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Market Watcher: Quite the ride[LISTEN] Makwe Masilela of Makwe Fund Managers discusses the JSE's turnaround; a growth recession vs a normal recession; industrials; exposure to UK markets; and how much it's costing Tiger Brands to keep operating. finance markets podcast
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Business Maverick: TikTok deal remains elusive as Biden administration works to solve data concernsThe Biden administration and TikTok are working on an agreement that would let the video-sharing site keep operating in the US, but negotiations have stalled over concerns that the company’s Chinese ownership poses a national security threat, people with knowledge of the matter said. Chinese state owns a stake in Bytedance that owns Tik Tok. The chinese version of Tik Tok is censored and content controlled for Chinese youth. China influences the algos that stream harmful content to western kids, this has been established. Keep your kids off it.
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CURA partners with Afriwise to help companies doing business in Africa, manage compliance riskCURA has partnered with Afriwise to help businesses mitigate regulatory compliance risk and conduct their business processes with confidence.
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