The Editor's Desk - Tuesday 25 November 2025

36ONE’s Steven Hurwitz says Prosus has finally shifted from promise to profit, with its e-commerce brands now earning real money beyond Tencent. Buybacks are shrinking the discount and a Just Eat turnaround could unlock major upside for South African investors. The only wildcard? China still holds the key to how…

In tonight’s BizNews Briefing, we unpack why Prosus – which makes up over 10% of your equity-linked retirement savings – is turning from a value destroyer into a value creator. Results reveal critical developments in China via Tencent and in Europe through Just Eat Takeaway. Locally, Pepkor impresses despite tougher…

A big battle has begun to overcome the “coalition chaos and instability that has allowed Nelson Mandela Bay to be hijacked by criminal networks”. In this interview, Retief Odendaal, the Democratic Alliance’s mayoral candidate, tells Chris Steyn that the City has the dubious record of having the most irregular expenditure…

Global fund manager Sean Peche says Wall Street isn’t defying gravity — it’s already off the cliff. The AI boom, Nvidia hype, Trump trade, and Bitcoin “hope” have pushed markets into a cartoon-style moment where investors are still running… but there’s nothing under their feet. Peche unpacks why value is…

Global money manager Sean Peche warns of US market fragility while unusually endorsing Pretoria’s diplomatic approach toward Donald Trump. Locally, investors received welcome news as Naspers and Prosus posted robust half-year results, bolstering retirement portfolios. Anglo American gains ground after BHP’s retreat, Netcare shows profit resilience despite high interest costs…