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The Electoral Commission of South Africa (IEC) noted that represented parties continue to be beneficiaries of bigger donations, however there are indications that unrepresented parties are actively raising funds and do receive some significant donations. ActionSA declared donations bigger than donations received by some of the represented parties for the third quarter of the 2022/23 financial year.
The ANC received a financial boost to settle part of its multimillion-rand tax debt and to fund its national conference when it paid R15 million each to the South African Revenue Service and the Johannesburg Expo Centre.
Despite its uncomfortable position and full-year loss declared last week, AYO, the technology solutions company, elected once again to pay a hefty dividend of 30c a share.
Why having an active money manager is bad investment Wednesday May 19 2021 Summary In the US, which accounts for 46 per cent of the global equities landscape, data shows that 60 per cent of large cap equity fund managers underperformed the S&P 500 in 2020. It was the 11th straight year the majority of fund managers lost to the market. It’s becoming notoriously difficult for active managers to “beat” markets. A 2020 report by S&P Dow Jones Indices, the de facto scorekeeper of the ongoing active versus passive debate since the first publication of the S&P Indices Versus Active Funds (Spiv...