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Mahe Drysdale wants to be an Olympic champion at the age of 42, but getting to Tokyo will be tough.

South Africa's banking sector stocks are cheap and the future looks positive for the big four, according to US lender JPMorgan.

Anne Schrager February 11, 2021Updated: February 16, 2021, 7:11 am Each year Valentine’s Day and Presidents Day are kissing cousins on the calendar. The federal holiday celebrated on the third Monday of February celebrates our first president, George Washington, and all the presidents who’ve led our country. San Francisco’s City Hall typically celebrates the holiday by illuminating the building in red, white and blue. The schedule varies from year to year, but look up and see if you can catch it if you’re driving around the area after dark. This year’s three-day weekend...

MONEYWEB app instead? As JPMorgan sees payouts resuming. 11 Feb 2021  Open: Open: Open: A 60% rally in South African banking stocks from an eight-year low in May has further to run due to valuations far below levels before the coronavirus, according to JPMorgan Chase & Co. “The banks are actually very, very cheap,” John Storey, an equities analyst at the US lender’s Johannesburg-based unit, said in a video call. “We still think this trade actually has legs.” Even after the gains, the price to book ratios of Africa’s biggest lenders are trading at a fraction of ...

(Bloomberg) -- A 60% rally in South African banking stocks from an eight-year low in May has further to run due to valuations far below levels before the coronavirus, according to JPMorgan Chase & Co.“The banks are actually very, very cheap,” John Storey, an equities analyst at the U.S. lender’s Johannesburg-based unit, said in a video call. “We still think this trade actually has legs.”Even after the gains, the price-to-book ratios of Africa’s biggest lenders are trading at a fraction of the premiums they enjoyed over the MSCI Emerging-Markets Ba...