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Daily Investor

@DailyInvestorSA

Investing and business news, financial data, and insights for intelligent South African investors.

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linkhttps://dailyinvestor.com calendar_today26-07-2022 06:10:39

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Capitec CEO Gerrie Fourie said limiting coalitions post-2024 elections would benefit South African businesses.
dailyinvestor.com/south-africa/4…

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Impala Platinum has initiated a restructuring that could see the platinum miner cut as many as 3,900 jobs.
dailyinvestor.com/mining/50211/i…

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Eskom expects limited load-shedding this winter, likely capped at stage 5 in the worst-case scenario.

dailyinvestor.com/energy/50205/w…

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South Africa's stock market has underperformed globally in the past decade, but there are still undervalued investment opportunities, says Allan Gray's Rory Kutisker-Jacobson.
dailyinvestor.com/investing/5017…

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The FSCA warned the public about a group called 'Coin Max' that allegedly offered unrealistic returns through crypto investments and is not authorised to provide financial services in South Africa.
dailyinvestor.com/cryptocurrency…

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Eskom's reliance on expensive diesel to manage power supply has cost South Africa nearly R65 billion in the past 5 years.
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South African petrol prices are expected to rise again in May, while diesel prices might decrease.

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Anglo American’s board has rejected BHP’s bid for the company, saying the offer is 'opportunistic' and undervalues the company. dailyinvestor.com/mining/50168/a…

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Former deputy chief of the South African Army, General Roland de Vries, warned that any trigger event around the elections could cause unrest and violence, similar to the July 2021 riots.
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BHP’s proposal to break up Anglo American and cherry-pick its best assets marks a humbling moment for the mining house founded by the storied Oppenheimer dynasty and owner of the iconic De Beers diamond business.
dailyinvestor.com/mining/50130/h…

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Government effectiveness has taken a dive in South Africa over the past few decades while corruption is escalating.
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Minister of Mineral Resources and Energy Gwede Mantashe signaled his opposition to BHP Group’s proposed takeover of Anglo American.

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A Nedbank economist said South Africans are ‘feeling the pressure’ as their savings are depleted and debt defaults skyrocket.

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South African asset managers have shifted their investment allocations significantly in the past five years.

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MultiChoice’s chairman, Imtiaz Patel, initially postponed his retirement to oversee the Canal+ takeover deal, but abruptly stepped down this week, prompting speculation about the timing of his departure.

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DFA and Vumatel have plummeted to last and second last, respectively, in the latest Internet Service Providers’ Association rankings, pointing to problems at these two operators.
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Schroders says South African investors do not need to look outside the country for world-class companies.

dailyinvestor.com/investing/5002…

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Despite a recent break from power cuts, South Africa’s electricity crisis continues, and the country remains vulnerable to future load-shedding.

dailyinvestor.com/energy/49761/l…

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