Let Business Thrive

"With a population estimate of nearly 56 million people in South Africa, 2.85 percent of all South Africans are reliant on the GEPF for their savings and retirement. If you had to say that roughly 1 percent covers another 3 more, it is easy to suggest that this fund is responsible for the well being … Continue reading Let Business Thrive

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Not a good Look

"New Look was once valued (this time last year) at 34.8 billion Rand. By the first half of their financial year, the New Look value was 18.7 billion Rand. Around half. And now? I am afraid ..... 7 billion Rand."   To market to market to buy a fat pig A stronger Rand held back … Continue reading Not a good Look

Lonmin the loser

" . . . the company management suggesting that the Xstrata bid at 33 Pounds a share significantly undervalued the company, and that shareholders must reject it. With the impunity that it deserves, to borrow some trade union speak. That was 7 years ago in 2008. Yesterday the group announced a 407 million Dollar rights … Continue reading Lonmin the loser