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,…
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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…
How Pick n Pay shortchanged retail investors with Boxer’s IPO
A new listing on the JSE is about as rare these days as an honest ANC politician. So you’d think any company going public…
Naspers: New CEO, old grievances
It wasn’t quite the Paris Olympics, but Naspers set a few records of its own at its AGM in August. Record levels of opposition to…
The exchange … with Thungela’s July Ndlovu
The one-time wonder of the commodity market, Thungela, is grinding its way through an unspectacular market after an extraordinary couple of years. Weaker coal…
Will Caxton ever pull the Mpact trigger?
There’s still no sign of a firm offer from Caxton for all or part of the 65.1% of packaging company Mpact that it does…
The Companies Amendment Act is a go, isn’t it? Maybe not
It’s happened again. Excitement, as well as much dread as President Cyril Ramaphosa signs off on another piece of controversial legislation. Then slowly comes…
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Sars sharpens expat tax scrutiny: Here’s what to do
Expats beware: coming home could be costly if your tax…
Serial offender Sasol strikes again
An evergreen contract is at the heart of a new…
Why is the South African Civil Aviation Authority grounding planes?
The regulator has grounded 3,000 aircraft, claiming their engines are…
Rescuing business rescue
In the decade since business rescue was first introduced, thousands…
