MoneywebNOW

[TOP STORY] Afrimat Q3 Construction Index highest since Q4 of 2016

Dr Roelof Botha considers the interest rate increases ‘unwarranted’ as a result of the Reserve Bank’s emphasis on the inflation expectation survey.

7 Dec 2023 3AM 5 min

Rand weakness is from own goals

Matete Thulare from RMB talks SA's local currency. The dollar is down, EMs currencies are strengthening, yet the rand is weakening. Why? Dr Roelof Botha on the Afrimat Construction Index … have the green shoots of previous updates continued to grow? Careen McKinon from ooba Home Loans on some options…

7 Dec 2023 12AM 19 min

[TOP STORY] Is Q3 GDP a harbinger of a technical recession?

Old Mutual Group chief economist Johann Els takes heart from what he has termed ‘privatisation by stealth’.

6 Dec 2023 2AM 6 min

2023: Maybe not as bad as it feels

Reko Nare from Anchor Capital on where he’s looking for value on the JSE into 2024. Keith McLachlan Integral Asset Management on Transaction Capital results as they shift strategy. Old Mutual’s Johann Els on negative Q3 GDP data, are we on track for a technical recession?

6 Dec 2023 12AM 20 min

[TOP STORY] Capital Appreciation interims show strong growth in annuity income

The products and services that the group provides are all mission-critical, not only for current but for future trading activity, explains CFO Alan Solomon.

5 Dec 2023 2AM 7 min

Gold is a recession hedge heading into 2024

Petri Redelinghuys from Herenya Capital Advisors on what’s driving gold higher and his preferred gold miner. Alan Solomon of Capital Appreciation on results that saw strong growth in annuity income. Bianca Botes from Citadel Global on managing commodity and currency volatility risks in the agri sector.

5 Dec 2023 12AM 20 min

[TOP STORY] The legal and tax implications of virtual emigration

Brandon Naidoo from Liberty Group looks into the growing trend of earning across borders, but from home.

4 Dec 2023 2AM 5 min

Gold hits record highs: Top miner picks for max returns

Chantal Marx from FNB Wealth and Investments on Tiger Brands's results as volumes slip marginally, and a look at her preferred gold stock. Liberty's Brandon Naidoo unpacks virtual emigration and the legal and tax implications. Mario Fisher  from Old Mutual Investment Group on the quantitative approach they use for offshore…

4 Dec 2023 12AM 19 min

[TOP STORY] Purple Group sees trading volumes much lower than a year ago

CEO Charles Savage considers the past year worse than 2008/9, when ‘the solution was swift and almost immediate’.

1 Dec 2023 2AM 10 min

Lewis gross profit margins are outstanding

Independent analyst Jimmy Moyaha on Spar's poor results and Lewis's strong results as it continues to buy back shares. Charles Savage, CEO of Purple Group, talks results as it swings into a full-year loss. Simon offers his thoughts on the Mauritian economy.

1 Dec 2023 12AM 21 min

[TOP STORY] Exploring the success factors of a rule-based investment fund

The fund’s performance is in the top half or better of fund performances 95% of the time on a rolling three-year basis: CIO Kingsley Williams.

30 Nov 2023 1AM 7 min

Declining rates a win for business profits

Faheema Adia from Momentum Securities on Pepkor results as volumes and Heps dropped. Satrix's Kingsley Williams talks a rules-based fund delivering superior returns. Michele Santangelo from Independent Securities talks about bonds … with interest rates set to decrease next year, is there still opportunity here?

30 Nov 2023 12AM 20 min

[TOP STORY] Specialisation in blockchains is occurring

Tokenisation takes a big asset and breaks it down into smaller, more consumable pieces – Mesh.trade CEO and co-founder Connie Bloem.

29 Nov 2023 1AM 6 min

Bidvest was priced for perfection … then came the trading update

Umthombo Wealth's Alex Duys on a tough Bidvest trading update and the latest results of Stefanutti Stocks. Connie Bloem of Mesh.trade shares insights on the rise and potential of tokenisation using blockchain technology. Bryn Hatty of Stonehage Fleming Investment Management SA on the four pillars of capital.

29 Nov 2023 12AM 19 min

[TOP STORY] Invicta: Good numbers in a tough six months

‘When we bring in big capital equipment there's no option to bring it in by freight and we have to just deal with whatever the port throws at us': Invicta CEO Steven Joffe.

28 Nov 2023 2AM 6 min

Exciting outlook for Zeda

Gary Booysen of Rand Swiss on Zeda's maiden annual results and Standard Bank's ten-month trading update. Invicta CEO Steven Joffe shares insights on the group's results that show modest Heps growth in tough trading conditions. Martin Hatidani of NMG Benefits speaks on the process and expectations around retrenchment.

28 Nov 2023 12AM 21 min

[TOP STORY] AME interims reflect revenue up and good cost management

Our plan is to grow on the audio side. That's AME interims reflect revenue up and good cost management. Our plan is to grow on the audio side. That's really worked, because we've almost a national footprint in our sales function – CEO Dave Tiltmann

27 Nov 2023 2AM 5 min

Where to invest when rates start coming down?

Sanlam's Nick Kunze takes a look at which sectors are likely to benefit from interest rates peaking. AME CEO Dave Tiltmann on the group's latest results. Kamal Govan of Allan Gray on cautious optimism as African businesses provide the cocktail for meaningful performance.

27 Nov 2023 12AM 19 min

[TOP STORY] Why is SA’s junk-status credit rating so resilient?

Being a strong beneficiary of the commodity cycle and showing some – albeit slow – economic reforms have kept us ‘floating on water’: Anchor Capital Investment analyst Casey Delport.

24 Nov 2023 1AM 7 min

Stock valuations looking attractive for 2024

Independent analyst Jimmy Moyaha talks commodities, oil, Sarb's repo rate decision, and where he's finding value on the market. Anchor Capital's Casey Delport discusses SA's credit ratings and what this means for investing in the country.

24 Nov 2023 12AM 20 min