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Is there value to be had in the local market?


MONEYWEB
Is there value to be had in the local market?
‘You have to depart from the crowd, think differently, and find those new opportunities’: Hannes van den Berg of Ninety One.
00:02 
NOMPU SIZIBA: For a number of years there’s been a view that the South African equity market hasn’t had that much to offer by way of decent returns, and so offshore [investing] has been all the craze in the interim. But following the Covid equities crash of last year and the improvement in valuations in the domestic market, the conversation is shifting slowly to the notion that indeed there may be value to be had from the local market. ....

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How your investments fared in the first quarter


How your investments fared in the first quarter
WORDS ON WEALTH:
Equity markets continued their upward trajectory during the first quarter 2021 to the end of March. The FTSE/JSE All Share Index was up almost 13% over the three-month period and up 52% for the 12 months to the end of March. Admittedly, the 52% rise was off a low base: the JSE had, in March last year, suffered one of the steepest plunges in its history, from about 58 000 points to about 38 000, a drop of 34%. Nonetheless, after treading water around 58 000 for months and even years before the pandemic, the Alsi was at 66 500 at the end of March, a rise of almost 15% from pre-pandemic times. ....

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Platinum Group Metals Ltd. Reports Further Appeal


Platinum Group Metals Ltd. Reports Further Appeal
Vancouver, British Columbia and Johannesburg, South Africa (Newsfile Corp. - April 14, 2021) -
Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG) ( Platinum Group or the Company ) reports that a further notice to appeal the decision granting Waterberg JV Resources (Pty) Ltd. a mining right was received by the Company on April 14, 2021. The notice is reported to be filed by a local community in the area of the proposed mine infrastructure. The Department of Mineral Resources and Energy ( DMRE ) granted the mining right on January 28, 2021. The Company believes that all requirements specified under the Mineral and Petroleum Resources Development Act ( MPRDA ) have been complied with and that Minister Gwede Mantashe s office correctly issued the notice of the granting of the mining right. Waterberg JV Resources (Pty) Ltd is accordingly opposing the appeal. According to the MPRDA, an appeal can be considered by the M ....

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