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FinancialMail

@FinancialMail

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Follow #FinancialMail for insightful, in-depth & hard-hitting business and finance news. Click the link in bio to read more 🔗

Johannesburg
Joined January 2010
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@FinancialMail
FinancialMail
4 days
The dial has been turned up in the global mining industry. New mines worth an estimated $5-trillion are required over the next 10 years to supply the critical minerals for AI data centres, renewable energy and electric mobility. Read our cover story here: https://t.co/UwybHwMpKy
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@FinancialMail
FinancialMail
4 days
EDITORIAL: Joburg’s crackdown on traders smacks of apartheid "From the most basic level of barter in pre-literate times through to the lightning-like trades of modern investment platforms, there have always been buyers and sellers." https://t.co/KBIo8ge76z
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financialmail.businessday.co.za
Morero’s statement on the ‘forced removals’ suggests a xenophobic agenda that goes beyond decluttering the pavements
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@FinancialMail
FinancialMail
3 days
SPONSORED | Have you ever thought: what if there’s more out there for me? Discover how Sable International can help you and your family unlock opportunities to live, work, study and invest around the world. https://t.co/Sv8kWAroUp
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financialmail.businessday.co.za
This financial and immigration specialist can help you and your family unlock opportunities to live, work, study and invest around the world
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@FinancialMail
FinancialMail
4 days
Wait for it: there are 508 political parties registered with the Electoral Commission of South Africa (IEC). Sixty-two of them were formed over the past 18 months. By @NatashaMarrian: https://t.co/SNSKJDpeFr
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financialmail.businessday.co.za
A multitude of small political parties could be a recipe for messy coalitions
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@FinancialMail
FinancialMail
4 days
The ANC could be the Grinch that spoils Christmas this year. That’s because the ANC goes to a pivotal, anything-can-happen midterm conference in December where resolutions could cause policy uncertainty. Read more by @justicemalala:
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financialmail.businessday.co.za
The ANC’s midterm conference will reveal a party that’s not sure which way to go
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@panicartstudios
Panic Art Studios
4 days
I have been working on this on the side as a hobby project. It is a Pixel Art "Resident Evil" type game taking place inside and around a pharma corporation (MediTech Pharma). The story is quite grim and the farther you go the darker it gets, even grotesque. It is about the
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@FinancialMail
FinancialMail
4 days
JAMIE CARR: Memory chips put chicken and beer on the menu. Diamond: SK Hynix: Lickin’ that chicken and beer Dog: Onset Financial: Red flags over Utah Read more here:
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@FinancialMail
FinancialMail
4 days
Last week, Nvidia became the first company in history to achieve a $5-trillion market cap. It’s impossible to actually understand the concept of that number, as it is so far removed from any rational quantity in our lives. Read more by @FinanceGhost here:
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financialmail.businessday.co.za
In today’s highly disruptive environment, executives should shun complacency and operate in a constant state of fear
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@FinancialMail
FinancialMail
4 days
Balwin builds momentum: For investors looking for exposure to South Africa’s long-awaited housing recovery, small-cap residential developer Balwin Properties deserves a second glance. https://t.co/I1mQnsG5fF
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financialmail.businessday.co.za
But the resumption of dividend payments will depend on how the housing market reacts to rate movements and other macro events
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@FinancialMail
FinancialMail
4 days
"My first job was working during weekends and holidays at a bank’s client enquiries desk. I’d taken out a student loan from the same bank and needed to earn money to cover the monthly interest, so I started repaying it by working there." Read more:
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financialmail.businessday.co.za
The FM chats to Cheree Dyers, CEO of Prescient Investment Management
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@FinancialMail
FinancialMail
4 days
South Africa has 43 deputy ministers. More correctly, 42 deputy ministers, as the vacancy left when the DA’s Andrew Whitfield was fired on June 27 as deputy minister of trade, industry & competition has not been filled. https://t.co/TUHOY28fXn
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financialmail.businessday.co.za
South Africa has more than 40 deputy ministers. They have no independent power to act, so what are they doing, exactly?
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@FinancialMail
FinancialMail
4 days
It’s hardly surprising (though still shocking) to learn that Vusimuzi “Cat” Matlala of criminal underworld and ANC connections fame was asked to fund a campaign to decide the party’s next president. https://t.co/0ZBb8HiVyT
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financialmail.businessday.co.za
Only the bravest of chickens dare to come home to roost in the gangsters’ paradise party that lives in the past as fervently as it hopes the future never comes
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@FinancialMail
FinancialMail
4 days
The WeBuyCars trading update looked a little light on the surface. Headline earnings of between 222.3c and 226.9c a share were down on the expected consensus of about 246c. Definitely not good. Read more by @SimonPB here: https://t.co/CajUAo4F32
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financialmail.businessday.co.za
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@FinancialMail
FinancialMail
4 days
A good week for Barbara Creecy: Transport minister Barbara Creecy basked in the glow of approval for her invitation to private business to revive South Africa’s almost nonexistent passenger train services.
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@FinancialMail
FinancialMail
4 days
DINNER PARTY INTEL: Irma Stern keeps breaking records Her 1946 portrait ‘Malay (Black Headdress)’ has been sold for R21.7m at a Strauss & Co auction in Cape Town https://t.co/1888eWbYao
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financialmail.businessday.co.za
Her 1946 portrait ‘Malay (Black Headdress)’ has been sold for R21.7m at a Strauss & Co auction in Cape Town
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@FinancialMail
FinancialMail
4 days
In 2023, #SouthAfrica had the dubious distinction of ending up on the Financial Action Task Force (FATF) greylist. It’s not as bad as the blacklist, but still, it wasn’t good. https://t.co/lacoKvO1H5
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financialmail.businessday.co.za
FATF forced rapid action in the crypto industry to ensure compliance and regulation are beyond reproach
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@FinancialMail
FinancialMail
4 days
As murk continues to swirl around the former and not-so-grand-old Duke of York, it has emerged that he is to be stripped of his honorary naval rank of vice-admiral, just days after losing his royal title of prince. https://t.co/9GppjqYEf3
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financialmail.businessday.co.za
As Andrew Mountbatten Windsor is stripped of yet another title, how much more scandal can the monarchy endure?
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@FinancialMail
FinancialMail
4 days
At three times ebitda and a double-digit dividend yield, eMedia Holdings looks priced for extinction — a company the market has already switched off. https://t.co/RbfBOpNZCx
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financialmail.businessday.co.za
As South Africa’s last major independent broadcaster, eMedia stands at the crossroads of legacy and reinvention
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@FinancialMail
FinancialMail
4 days
Life always leaves you hankering after more — the perfect home, a bigger car, more clothes, another helping of the stuff you love. Sport is the same. https://t.co/L03RMO7BTN
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financialmail.businessday.co.za
South Africa’s cricketers perform wonders but the pool of talent is still too small
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@FinancialMail
FinancialMail
4 days
Health, beauty and home retailer #Clicks has long been viewed as a high-quality business and has typically traded at a premium. Yet over the past year its share price has largely tracked sideways. https://t.co/d3yaLrGcsF
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financialmail.businessday.co.za
The fundamentals are still robust, but with low GDP growth and increasing encroachment on its territory by rivals, the retailer is tracking sideways
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@FinancialMail
FinancialMail
4 days
Too few people know about Pholetsi Moseki, #CEO of Cricket South Africa (#CSA). This is partly because Moseki, who started the role in an acting capacity in December 2020, is no great propagandist for Pholetsi Moseki. https://t.co/LQ0JO30ssp
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financialmail.businessday.co.za
Pholetsi Moseki may be feeling 15 years older, but cricket in the country is back on track at last
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@FinancialMail
FinancialMail
4 days
Technology group 4Sight Holdings has placed AI at the heart of its business model — and the numbers show the strategy is paying off. https://t.co/DwcqPWiSKN
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financialmail.businessday.co.za
How the technology group aims to ‘copilot’ companies into the future
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