BizNews - Latest business & financial news in SA - Sign Up
WEB4 days ago · Novare two-pot investment view. Trustees should wait and assess impacts before adjusting strategies as the two-pot system prompts large withdrawals. September 10th, 2024. Follow daily business, financial & investment updates online. Sign up for our Premium news subscriptions. Home of the Rational Perspective.
Bridge Fund Managers acquired by Counterpoint Asset …
WEBAug 18, 2020 · Bridge Fund Managers media statement: Bridge Fund Managers (), a well-established player in the financial services sector has combined its business with specialist investment manager Counterpoint Asset Management (Counterpoint), to form a multi-strategy investment management company with both the retail and institutional offerings.The transaction sees Counterpoint acquiring Bridge from ...
The real meaning of ‘Woke’ and what it means today - BizNews
WEBMay 6, 2021 · David Brooks (2018) says that “To be woke is to be radically aware and justifiably paranoid. It is to be cognizant of the rot pervading the power structures. [Woke] is the opposite of cool in certain respects.”. Brooks explains that, unlike cool (which is pretty mellow and hands-off) woke implies social activism, nationalism, and collectivism.
Explosive growth for Capitec, with more to come as it shakes up ...
WEBApr 14, 2021 · Explosive growth for Capitec, with more to come as it shakes up business banking – CEO Gerrie Fourie. 14th April 2021 by Editor BizNews. After an early knock by Covid-19 containment measures, JSE-listed Capitec reported a dramatic improvement in headline earnings to just under R4bn for the second six months to the end of February.
Understanding book value: What Buffett REALLY means about
WEBOct 23, 2019 · As reported in Berkshire’s Q2-2019 10-Q, book value as of 30 June was $382.5bn. Adding a gain of $6.3bn from the change in equity values and $6.5bn in operating earnings, he projected Q3-19 book value of $395.3-billion. Longtime readers of his annual shareholder letter would have noticed a significant change in the Oracle of …
Why the WEF's 'Great Reset' is a utopian ideal - BizNews
WEB16th December 2020 by Alec Hogg. ‘The Great Reset’ is a plan drawn up by the World Economic Forum (WEF), an annual conference for high-profile individuals from business and politics. It explores how countries could recover from the economic damage caused by the Covid-19 pandemic. WEF Founder and Executive Chairman Klaus Schwab and …
SA’s rich: where they live, what they studied, how they ... - BizNews
WEBJan 6, 2021 · There are approximately 680,000 mass affluent individuals living in SA, each with net assets of $100,000 or more. There are approximately 35,000 millionaires (HNWIs) living in SA, each with net assets of $1m or more. Most of these HNWIs are based in Johannesburg (Sandton especially), Cape Town, Umhlanga and Pretoria.
CIVH/Vodacom infrastructure merger to unlock strategic …
WEBNov 10, 2021 · Harith supports the strategic rationale for the infrastructure merger and believes that the best partner for CIVH to realise its ambitions of maintaining market leadership in SA, and expanding into the rest of Africa, is Vodacom. The transaction holds a number of strategic benefits for CIVH and ultimately, for Harith’s investors.
“Brutally honest” Rob Hersov is “the hero we deserve ... - BizNews
WEBOct 4, 2021 · Rob Hersov certainly pulls no punches. First interviewed by BizNews in 2020, the community and readers were astounded by the businessman’s frank and astute views on South Africa and what needs to be done.At the second BizNews Investment Conference, the outspoken entrepreneur delivered more of what he’s become known for …
Prosus and Naspers: an unwavering growth strategy - BizNews
WEBNov 23, 2021 · The free cash flow in Prosus after acquisitions etc. was only $118m, so you can clearly see how the Tencent dividends are funding an extensive acquisition strategy in other sectors. In April 2021, Prosus sold 2% of Tencent. The numbers were spectacular, as proceeds of $14.6bn landed in the Prosus bank account and the …
Skip to content