President Ramaphosa’s maiden State of the Nation

State of the Nation Address by the President of the Republic of South Africa, Mr Cyril Ramaphosa, 16 February 2018, Parliament

Speaker of the National Assembly, Ms Baleka Mbete,

Chairperson of the National Council of Provinces, Ms Thandi Modise,
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Mineral Resources Minister, Zwane ‘interferes’ again in a mine sale

Mineral Resources Minister Mosebenzi Zwane has been accused of interfering in a mine sale by giving instructions that his preferred BEE partner be chosen over other prospective partners.

Zwane is said to have told a Chinese-led consortium to overlook one of the prospective BEE partners in favour of another. The identity of that partner is not known.
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Steinhoff implosion staggers SA

The collapse of Steinhoff International’s share price this week, following allegations of accounting fraud, is being described as the biggest corporate failure on the JSE so far, but it may just be the tip of the iceberg. On Thursday afternoon, Finance Minister Malusi Gigaba said he supported a decision by the Financial Services Board (FSB) […]
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Why ‘winter is coming’ for overvalued growth stocks

The immediate prospects of any investment are as uncertain as those of any of the popular television series, Game of Thrones, characters but there is no doubt that, as their valuations rise, even stable businesses can become dangerous to own. The battle continues to rage. It maybe not be as gory as Game of Thrones […]
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