Acsa’s recovery takes flight

This evening, we round up the latest market movements with Otto1890, unpack Growthpoint’s property pivot, examine Acsa’s continued recovery, explore how Allan Gray turns investment ideas into returns, look at Hyprop’s boost in distributable income and, in our Executive Lounge, we speak to Unathi Kildase of Game Africa Massmart.

David Shapiro of Otto1890 unpacks the sea of red across local and international markets, including pressure on consumer stocks such as Clicks, WeBuyCars and Cashbuild. He also discusses oil prices above $100 a barrel, the impact on interest rates and inflation, as well as positive developments in US markets, including…

Norbett Sasse – Outgoing Group CEO, Growthpoint Properties

Tim Acker – Portfolio manager, Allan Gray

Brett Till – CFO, Hyprop Investments