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Busy week for SA Inc

MONEYWEB app instead? Busy week for SA Inc Nerve-wracking time for Tongaat, banking issues at Ayo, another pot of gold for African Rainbow and a ‘revolt’ at Glencore. 00:01  Open: Open: Open: Open: Open: Sweet paypackets for Tongaat executives eclipsed by Glencore CEOs extremely excessive deal. Image: Supplied The Tongaat share price staged a remarkable recovery on Friday although the 11.4% bounce that day was not enough to see it reclaim all the territory it lost earlier in the...
Kwazulu Natal South Africa South African Rob Aitken Peter Staude Gary Nagle

The strange and wonderful ways people think about money

Daily Maverick 168 weekly newspaper. I recently had insight into how I treat money when I was kicking myself for not investing (disposable cash that I don’t have) in bitcoin. A good friend of mine recently quadrupled a sizable sum of money by investing in bitcoin and ethereum and at the time (early February) advised that I invest too. I didn’t. But I stopped being so hard on myself when I realised that if I had the chance again I probably still wouldn’t – I’m too risk-averse. My strat...
Kwazulu Natal South Africa United Kingdom Morgan Housel Peter Staude Markus Jooste

Jenitha John: Don't throw the baby out with the bathw...

weekly newspaper. South Africans are a talkative, argumentative, critical lot. That is good in an emerging and let’s face it, struggling, democracy. We need to have the difficult conversations, we need to point out the frailties in our systems, in our institutions, and in our leaders. To lead in this country means that you put yourself on a pedestal and invite scrutiny of your efficacy in the position — because, God knows, we need good leaders. So scrutiny comes with the territory and requ...
South Africa South Africans Tongaat Hulett Peter Staude Markus Jooste Tito Mboweni

Lessons from Trump for SA's auditors and directors

MONEYWEB app instead? Lessons from Trump for SA’s auditors and directors Also in the past week: more JSE dropouts, a commendable approach to cost-cutting from the top, and SAB in a froth. 00:01  Open: Open: Open: Open: Corporate SA has many examples of ‘Trump moments’, says the author. Image: Andrew Harrer, Bloomberg We had another quiet week on the JSE, which was handy as it gave us all the opportunity to follow the gripping and bizarre goings-on in the US. All in all it wasn...
Kwazulu Natal South Africa United States Kempton Park South African South Africans

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