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U misleading the nation, ANC bankrupted VBS not EFF
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South Africa South Africa Latest News, South Africa South Africa Headlines
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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.
Source: dailymaverick - 🏆 3. / 84 Read more »
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?
Source: dailymaverick - 🏆 3. / 84 Read more »
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?
Source: dailymaverick - 🏆 3. / 84 Read more »
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.
Source: dailymaverick - 🏆 3. / 84 Read more »
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.
Source: dailymaverick - 🏆 3. / 84 Read more »
Sale of Aspen’s infant milk business to go through on FridayKey to the Lactalis deal going through was approval by regulators in New Zealand, who gave the transaction the green light only on May 17
Source: BDliveSA - 🏆 12. / 63 Read more »
BUSINESS MAVERICK: Ramaphosa’s Cabinet: Key finance posts largely stay with the incumbents, but is that what the country needs?Despite his ongoing dispute with the Public Protector, Pravin Gordhan remains Public Enterprises Minister. Despite his ongoing disputes with the mining industry, Gwede Mantashe remains Minister of Mineral Affairs, with Energy now added. Despite his ongoing disputes with... well, nearly everybody, Finance Minister Tito Mboweni remains. Even Ebrahim Patel stays despite missing out on a parliamentary seat. That ticks the continuity box. But does it tick the ‘building a dynamic economy box’? I'm starting to wonder if anyone knows what the country needs. It's like everything from government to SOE are just picking ideas from a hat to see what works.
Source: dailymaverick - 🏆 3. / 84 Read more »
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Source: BDliveSA - 🏆 12. / 63 Read more »