Spar: our bankers are still behind us
With its shares at a 15-year low, Spar denies market rumours that it’s facing an existential cash crunch…
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Bye-bye outcry: 30 years since the pandemonium ended
The weaknesses of the open outcry system were legion, but so was the exhilaration. David Shapiro looks back on a long-gone JSE rite of…
Spar: it just gets worse
Spar’s loyalty levels with independent retailers may be worse than officially reported, and help explain its latest, surprise drop in profits…
Meet Bernard Berson, one of the JSE’s highest-paid CEOs
Berson is making a killing thanks to long-term share incentives that were doled out during the Covid lows…
Balwin’s buyout: the right move, long overdue
The PIC-backed R2.26bn buyout of Balwin Properties was overdue. Its long-cycle model was never well matched to public-market expectations…
Why Spar should not be listed on the JSE
Spar is its network of independent retailers. But their rights are trumped in an environment where shareholder demands count most…
Spar independents push for board overhaul
Spar retailers say they’ve suffered as badly as shareholders through head office’s missteps, and want new management, fast…
Prosus’s iFood gamble spooks markets
Prosus is the latest tech firm to suffer a beating as it ramps up investment into its food-delivery business…
Sibanye: not just a gold and PGM play
Sibanye-Stillwater is coining it, but can the gold and PGM producer become a less volatile profit generator?…
Can Pick n Pay avoid a union war?
The retailer has had to dig itself out of a deep financial hole, but unions are unwilling to play nice after years of management…
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How Ramaphosa lost business
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Northam: digging through the platinum dip
While many miners hold back, Northam is expanding production and…
The Liz Truss theory of municipal finance
Nearly half of South Africa’s local councils are presenting budgets…
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Helen Zille’s DA could top the poll in Joburg’s November…
