Flash briefing: Cosatu slams ANC for vaccine incompetence; Moderna;...
There were 112,280 more deaths from natural causes than expected in SA from May to January, reports Bloomberg. The South African Medical Research Council said in its latest excess death report...
View ArticleMaking the most of your money in 2021 – insights from Heystek, Segall
Lisa Segall, of GinsGlobal Index Funds, and award-winning independent investment expert Magnus Heystek, of Brenthurst Wealth Management joined BizNews for a vibrant conversation on how to make the most...
View ArticleWhat is the JSE doing to boost stock market activity? Big plans to fire up SA...
The JSE has plans to fire up SA equities after a period in which companies have been delisting from the JSE in their droves and investors have been looking for stock market opportunities elsewhere in...
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South African stocks slide in seesaw start to the week
By Adelaide Changole (Bloomberg) – South Africa’s main stocks index declined 1% by 9:53am in Johannesburg, the biggest intraday decline in 2021, after a slump in Tencent Holdings Ltd. in Hong Kong...
View ArticleBizNews Share portfolio – a sparkling start to 2021 as Xero joins the basket
In the latest BizNews Share portfolio webinar, Alec Hogg announced the addition of Xero into the portfolio. Listen to the full update here. This article is exclusive to Biznews Premium. Members please...
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US investment banks see further upside to SA stocks
By Adelaide Changole (Bloomberg) – South African stocks have made their best start to the year since 2012, even after last-week’s pull-back, and JPMorgan and Bank of America are among those predicting...
View ArticleReddit doubles in value, now worth R88bn – With insights from The Wall Street...
Reddit doubled its valuation to $6 billion in a new round of funding that comes as the social-media company has added users through the pandemic. This article is exclusive to Biznews Premium. Members...
View ArticleAlec Hogg: Revisiting Amazon – tips from ARK
'A re-assessment is sensible, particularly as Amazon now accounts for 22% of our portfolio', says BizNews founder Alec Hogg. This article is exclusive to Biznews Premium. Members please login here....
View ArticleAlec Hogg: Dalio’s ‘bubble indicator’ says US not there
'A bubble, by Ray Dalio’s definition, is an asset trading at an unsustainably high price', writes BizNews founder Alec Hogg. This article is exclusive to Biznews Premium. Members please login here....
View ArticleAlec Hogg: Naspers not among Dalio’s ‘bubble’ stocks
The way Dr Smith explains it, Amazon, Apple, Adobe, Microsoft and Naspers do NOT fall within this “emerging tech” definition, writes Alec Hogg. This article is exclusive to Biznews Premium. Members...
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Naspers slides as Tencent faces regulatory squeeze under intensifying...
Pony Ma’s Tencent is the newest target of scrutiny for China’s antitrust watchdog. Jack Ma waved a red flag in the face of regulators, comparing the country’s financial markets to pawn shops, and...
View ArticleRemgro: A play on the South African economy?
Remgro, an investment holding company which holds a variety of investments over a number of different industries, released its half-year results which underscore a strained South African economy. Part...
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Food delivery – Did Prosus lose out or dodge another costly mistake? – Ted Black
Just over a year ago, Prosus CEO Bob van Dijk told BizNews founder Alec Hogg that the future is bright for Prosus. The company walked away from what some called a hostile takeover of the food delivery...
View ArticleTencent emerges as an Archegos favourite – With insights from The Wall Street...
'Question is whether Archegos is just an accident on a lonely road or a pileup waiting to happen', says James Mackintosh of The Wall Street Journal. This article is exclusive to Biznews Premium....
View ArticleNaspers spin-off Prosus intends to reduce Tencent stake by 2%; shares slip
Naspers spin-off Prosus has announced its intention to reduce its stake in Tencent by 2%, selling over 190 million shares in the process. To put the proposed sale into perspective, Prosus will raise...
View ArticleNaspers’ Tencent share sale in global headlines – With insights from The Wall...
Internet conglomerate Prosus to sell stock in Chinese internet giant worth up to $14.7 billion, reports The Wall Street Journal. This article is exclusive to Biznews Premium. Members please login...
View ArticleAlec Hogg poses the difficult questions to Naspers CEO and CFO, Bob van Dijk...
In this interview with Naspers CEO and CFO Bob van Dijk and Basil Sgourdos, BizNews founder Alec Hogg poses the tough questions surrounding the deep discount inherent in the Naspers and Prosus share...
View ArticleTencent’s excess profits are coming to an end – With insights from The Wall...
"Days after a record fine against Alibaba, China’s tech companies have pledged to adhere to antimonopoly regulations", reports The Wall Street Journal. This article is exclusive to Biznews Premium....
View ArticleNaspers-owned Prosus to invest $80m in European online trader
By Loni Prinsloo (Bloomberg) – Prosus NV and Tencent Holdings Ltd. are investing in European online-trading group BUX, giving the internet giants a greater foothold in the fast-growing sector. The...
View ArticleFlash Briefing: Fresh corruption scandal erupts over SA energy supply; big...
A company called DNG has alleged in court papers that it lost a bid after failing to respond to overtures by a businessman who claimed to have close ties to Energy Minister Gwede Mantashe and other...
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