David Lerche News Today

Part of the attraction lies in the fact that this region has been grappling with high inflation and political instability for decades, and the consumer market is flourishing compared to other geographic regions.

There are some interesting opportunities out there if you take a medium-term view and look beyond the current pain, says David Lerche of Sanlam Private Wealth.

With parts of the Western Cape already experiencing temperatures as low as 9°C, the new Electricity Minister, Kgosientsho Ramokgopa, has warned the country to brace for possible Stage 10 blackouts this winter as energy use ramps up.

Over the longer term, the returns are superior, and there are residency benefits too.

Unifying the two parent companies into one, BHP has created a potential capital gains tax headache for some shareholders.

Vodacom reaps R100bn revenue from work and study at home trend By Dineo Faku Share JOHANNESBURG - WORKING and studying from home was a major boost for Vodacom during the year ended March 2021, with revenue climbing to almost R100 billion and shareholders receiving a bumper final dividend. Vodacom said group revenue increased to R98.3bn, 8.3 percent higher than the R90.7bn reported a year earlier thanks to the 5.8 percent increase in service revenue to R77.6bn. “This is particularly pleasing i...

Bitcoin: an investor’s guide Subscribe For the past few years, bitcoin – the original cryptocurrency launched in 2009 – has been on a roller-coaster ride of note, says David Lerche, senior investment analyst at Sanlam. After dipping below $5,000 in March last year, bitcoin reached over $52 000 on 17 February following increased publicity after a tweet by Elon Musk that his car firm Tesla had bought around $1.5 billion worth of the digital currency. Its current market capitalisation is aro...