MoneywebNOW

Balwin battles as consumers struggle

Independent analyst Carmen Mpelwane discusses Pick n Pay's horror results as the market anticipates Boxer’s listing. Balwin Properties CEO Steve Brookes comments on their halved profits. Cherryflava Media founder Jonathan Cherry on the art of identifying ineffective strategies.

29 Oct 2024 12AM 20 min

[TOP STORY] SA’s Black Friday 2024 expected to generate spending 17.3% up from 2023

‘There's a lot of what we call shoppertainment happening in store. I'm clicking and collecting, but I also want to go and see what new trend is happening’, explains Gerhard le Roux of Capital Connect.

28 Oct 2024 3AM 6 min

US Inflation Reduction Act good news for Sibanye-Stillwater

Petri Redelinghuys from Herenya Capital Advisors on Sibanye-Stillwater’s positive boost from the latest US Inflation Reduction Act update. Andries van Heerden, CEO of Afrimat, shares insights on the Lafarge integration — any unexpected developments? Gerhard le Roux from Capital Connect discusses the economic impact of Black Friday in South Africa,…

28 Oct 2024 12AM 20 min

[TOP STORY] Spear Reit interims show positive momentum

CEO Quintin Rossi believes it was ‘the first half year that all of our sub-sectoral investment assets have made a contribution towards the performance’.

25 Oct 2024 2AM 8 min

PGMs: Is this the start of a bigger rally?

Schalk Louw of PSG Old Oak on strong results from Clicks, Amplats's update as PGMs creep higher, and Cashbuild's decent update amid tough trading conditions. Spear Reit CEO Quintin Rossi's insights on the group's H1 results. Simon's thoughts on not panicking when long-term investments have a short-term stumble.

25 Oct 2024 1AM 20 min

[TOP STORY] What's hindering China's economic growth?

If China doesn't have any growth ‘that really will impact our exporters, especially our commodity exporters, in terms of their being able to sell stuff into China’ – Ndivhuho Netshitenzhe from Stanlib.

24 Oct 2024 4AM 6 min

Famous Brands or Spur for your portfolio?

Chantal Marx from FNB Wealth & Investments discusses Famous Brands’s modest revenue growth, emphasising their focus on cost control. STANLIB’s Ndivhuho Netshitenzhe highlights key economic challenges China is facing. Meanwhile, Debra Slabber from Morningstar SA shares a fresh perspective on South African equities.

24 Oct 2024 12AM 20 min

[TOP STORY] The role and impact of alternative investing

‘We see ourselves as a business that wants to help build the African continent and make a sustainable difference in those economies in which we operate’ – Steven Rosenberg, CEO of Sanlam Alternative Investments.

23 Oct 2024 2AM 7 min

Sasol still struggling

Matete Thulare from RMB delves into the market's negative response to Sasol's latest production update. Steven Rosenberg, CEO of Sanlam Alternative Investments, will explain the role and impact of alternative investing. Fareeya Adam, CEO of Structured Products and Annuities at Momentum Wealth, will highlight key factors to consider before purchasing an annuity.

23 Oct 2024 1AM 20 min

[TOP STORY] Unlocking alpha: The power of knowing your investment universe

Charl de Villiers from Ashburton Investments believes the big, exciting wins in life come from doing the basics boringly and well.

22 Oct 2024 3AM 6 min

Semiconductor showdown: Mixed signals in industry outlook

Kieran Witthuhn will examine TSMC and ASML's recent results and explore their contrasting outlooks — TSMC’s cautious forecast versus ASML’s optimistic long-term view. Charl de Villiers from Ashburton Investments discusses how mastering your investment universe can help generate alpha. Rex Cowley from Overseas Trust & Pension offers insights on navigating…

22 Oct 2024 1AM 20 min

[TOP STORY] What to expect from the MTBPS: Growth targets, debt, and wage bill challenges

Citadel's Maarten Ackerman looks ahead to next week's mini budget.

21 Oct 2024 2AM 5 min

Standard Bank update confirms bull market

Nick Kunze Sanlam Private Wealth, Standard Bank and Pick n Pay trading update Maarten Ackerman Chief Economist Citadel a look ahead to next weeks mid term budget policy statement Christo de Wit South African country manager Luno on understanding crypto and tax

21 Oct 2024 1AM 18 min

[TOP STORY] Redefine finance chief Ntobeko Nyawo on its R27bn debt restructure

The property group's CFO elaborates and explains that the evergreen funding arrangement has no termination date.

18 Oct 2024 3AM 7 min

Company updates: The good, the fair and the ugly

Schalk Louw from PSG Old Oak discusses the latest updates from Premier Group, Mondi, and ArcelorMittal SA – the good, the poor, and the ugly. Redefine CFO Ntobeko Nyawo on restructuring R27.7 billion in debt into an evergreen funding model. Simon's take on staying the course: Buffett sold down his…

18 Oct 2024 12AM 20 min

[TOP STORY] Will new-vehicle purchases recover after 100 years of SA production?

Marcia Mayaba from Auto SA at TransUnion talks sales and loan data, noting a shift toward used vehicles.

17 Oct 2024 5AM 7 min

Strong inflows for Quilter boosts profits

Chantal Marx from FNB Wealth and Investments discusses Quilter's strong trading update. Marcia Mayaba from Auto SA at TransUnion talks about sales and loan data, noting a shift toward used vehicle purchases. Zak Calisto, CEO of Karooooo, comments on their strong quarter and upgraded guidance.

17 Oct 2024 12AM 19 min

[TOP STORY] 'High interest rates are draining SA households and stifling economic growth'

‘Anybody who thinks that our short-term interest rates are going to entice people to invest in fixed deposits in our banking system must be out of their mind’, reckons ‘Sunshine’ economist Roelof Botha.

16 Oct 2024 3AM 7 min

Why Bytes Technology is now offering opportunity

Faheema Adia from Momentum Securities discusses Bytes Technology's results, with revenue down but operating profits and margins up. Herschel Jawitz, CEO of Jawitz Properties, addresses the housing market and advice for overdue bondholders. Dr Roelof Botha presents the Q2 2024 results of the Altron Fintech Household Resilience Index.

16 Oct 2024 1AM 20 min

[TOP STORY] Reits have had a ‘really good 12 months’

Old Mutual Property Fund manager Evan Robins says South Africa is seeing inflation growth from the sector, certainly in terms of net rental income.

15 Oct 2024 2AM 6 min