Ninety One unveils details of plan to rescue SA companies hit by Covid-19

Loading player...
Asset manager Ninety One has launched a R10bn-fund, in partnership with a private equity firm Ethos, targeting South African businesses that have been badly knocked by Covid-19 containment measures. In this interview with BizNews editor-in-chief Alec Hogg, Ninety One's chief commercial officer John Green says his team members are on the look-out for companies in the small to mid-cap sector. These are companies that have promising business models, but whose bosses could not have anticipated the sudden arrival of a global pandemic and its consequences for business activity. Ninety One is attracting long-term investors to plough cash into these businesses, which can include companies listed on the Johannesburg Stock Exchange. - Jackie Cameron Learn more about your ad choices. Visit megaphone.fm/adchoices
9 Jun 2020 11AM English South Africa Investing · Business News

Other recent episodes

Jabulani Khumalo - Threats, a R14-m ransom & the battle for MKP….

In his latest interview with Chris Steyn, the real founder of MKP, Jabulani Khumalo, reveals threats to the actual directors of the “hijacked” party over a picket to distance themselves from the human trafficking of 19 men to Russia. “…our spokesperson… got a call…a threatening call…And also, the people on…
11 Jan 6AM 18 min

Magnus Heystek: Why SA’s middle class is quietly being crushed

South Africans are being told everything is fine. Magnus Heystek says it’s a dangerous illusion. In a wide-ranging conversation with Alec Hogg, the veteran investment strategist warns that falling GDP per capita, rising taxes, weak property returns and flawed retirement structures are steadily hollowing out the middle class. From Regulation…
9 Jan 6AM 41 min