Markus did the crime – now this man is doing the time
All of a sudden, prosecutors have got serious about Steinhoff. For seven years after the retailer imploded in December 2017, having copped to “accounting…
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Capitec: Everything, all at once
A quarter of a century ago, Henk Lourens was in charge of acquisitions at the PSG arm that would later grow into Capitec. His…
Aspen: Still a case of ‘when’, not ‘if’?
The least favourite part of Aspen CEO Stephen Saad’s job, it seems, is delivering the firm’s twice-yearly results presentations. It’s hard to blame him…
Short-changed shareholders: A tale of AGMs gone bad …
How difficult can it be to hold an AGM? These meetings have been a requirement of company life for almost as long as company…
What South Africa’s largest fund is buying now
Kabelo Rikhotso, the chief investment officer of South Africa’s largest pension fund manager, the Public Investment Corporation, says that if he could, he’d buy…
Bell’s most baffling move yet
Just days after the Bell family had been offering minority shareholders in heavy equipment manufacturer Bell Equipment R53 a share to buy them out,…
Shades of greylisting: Behind Old Mutual’s bloody nose
The South African Reserve Bank (SARB) will be hoping that global money-laundering authorities, weighing up whether to keep South Africa on a terrorism financing…
The exchange … with John Biccard, Ninety One Value Fund portfolio manager
Back in July, Currency interviewed one of South Africa’s legendary value investors about the post-government of national unity (GNU) stock market rally. Since then,…
Can Naspers’s new CEO reignite the Bekker magic?
Table Mountain in the background, Cape Town’s business core a dozen storeys below, and Naspers’s newly minted CEO is lamenting how the tech giant…
Burning the small fry: Steinhoff’s unlikely first South African convict
When you picture the first conviction for the grand R106bn Steinhoff fraud in South Africa, you probably wouldn’t have imagined the man up against…
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Eskom’s R92bn ‘gift’ for South32
South32’s Hillside smelter gets a 50% discount from Eskom. The…
Bourse blues: Can a new plan reverse the JSE’s vanishing act?
With only three companies set to list this year, the…
How to secure intergenerational wealth
Wealth, once earned, needs to be preserved. Learn how South…
Daybreak: A stain on South African business
Daybreak Foods, where 350,000 animals were culled while board members…
