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Happy Friday John
Fri, 23 June 2023
Week's top stories
Stage 16 could mean 'more than a day' in the dark
Stage 16 could mean 'more than a day' in the dark
Moneyweb
Revised load shedding rules to be presented to Nersa.
Cybercrime hits Toyota dealership
Cybercrime hits Toyota dealership
Roy Cokayne
Electronic payment for a Toyota Etios diverted to another bank account.
Competition Tribunal dismisses R240m Eskom collusive tendering complaint
Competition Tribunal dismisses R240m Eskom collusive tendering complaint
Roy Cokayne
Four of 31 bids for the tender were signed by the same person and contained similar or the same documents.
Here’s why government must sell its Telkom stake
Here’s why government must sell its Telkom stake
Moneyweb
The operator is stuck in a lose-lose situation.
NHI: 'Yet another act in a pantomime'
NHI: 'Yet another act in a pantomime'
Busi Mavuso
The lack of outcry over the passing of the bill indicates that many people have simply given up caring about it, says BLSA CEO.
The Fed halts and the rand strengthens
The Fed halts and the rand strengthens
Francois Stofberg
US central bank remains committed to bringing inflation down to 2%.
Taxpayers should be mindful of filing season changes
Taxpayers should be mindful of filing season changes
Amanda Visser
Make sure prepopulated information is complete and accurate.
Standard Bank’s bad debt charges up nearly 50%
Standard Bank’s bad debt charges up nearly 50%
Ntando Thukwana
Credit impairments have also increased in its business and commercial banking unit.
Cash-strapped consumers place pressure on food producers
Cash-strapped consumers place pressure on food producers
Akhona Matshoba
The JSE All Share Index has outperformed the listed food producers sector over both a 12-month and year-to-date basis.
Growthpoint eyes R250m CSI-linked BEE deal
Growthpoint eyes R250m CSI-linked BEE deal
Ntando Thukwana
Deal includes entering a special Trust into a loan agreement to acquire the group's ordinary shares at R12.50 a piece.
Tokenisation, the time-travelling concept that became a reality overnight
Tokenisation, the time-travelling concept that became a reality overnight
Jimmy Moyaha
If you are looking to make markets more accessible to investors, this is definitely one way to do it.
Consumers use costly credit to make ends meet – FirstRand
Consumers use costly credit to make ends meet – FirstRand
Ntando Thukwana
Group says it is adjusting affordability checks, with higher interest rates for longer in mind.
Traditionally cash-based Mr Price sees rise in credit purchases
Traditionally cash-based Mr Price sees rise in credit purchases
Ntando Thukwana
Credit sales, which contributed 12.7% to total sales, rose 8.3% – leading to a loan book worth R2.5bn
Institutions’ newfound love of Bitcoin pushes it past $30 000
Institutions’ newfound love of Bitcoin pushes it past $30 000
Ciaran Ryan
Trading volumes on SA exchanges surge.
SA interest-rate hikes needed to tame inflation, Kganyago says
SA interest-rate hikes needed to tame inflation, Kganyago says
Mike Cohen, Bloomberg
The central bank’s monetary policy committee has raised the benchmark rate at its 10 past meetings with the aim of bringing inflation back to the 4.5% midpoint.
Simon’s weekly wrap: Digging into the details
Podcast brought to you by STANLIB
Simon’s weekly wrap: Digging into the details
Simon Brown
This week MoneywebNOW looked at Pepkor's Flash business, the R1bn Afrimat/Lafarge SA deal and why hedge funds remain a small asset class locally.
No sense of urgency to act on Zondo Report
Brought to you by Peregrine Capital
No sense of urgency to act on Zondo Report
Jeremy Maggs
‘I see no problem with what he (Chief Justice Raymond Zondo) said yesterday because a year on from him handing over his final reports to the president, very little has happened...’ says executive secretary at Casac, Lawson Naidoo.
Week's top podcasts
RADIO »    PODCASTS »
‘Put something away every month – and forget about it’
‘Put something away every month – and forget about it’
Investing
Stor-Age could offer great portfolio diversification
Stor-Age could offer great portfolio diversification
MoneywebNOW - Brought to you by STANLIB
The cupboard is bare for Steinhoff shareholders
The cupboard is bare for Steinhoff shareholders
Podcasts
What happened to the expected US recession?
What happened to the expected US recession?
MoneywebNOW - Brought to you by STANLIB
Jannie Moolman on running a successful family property business
Jannie Moolman on running a successful family property business
The Property Pod
Fake CVs : 'It’s an indication of society’s failing ethics'
Fake CVs : 'It’s an indication of society’s failing ethics'
Moneyweb@Midday
Smashing retirement's glass ceiling: Expert tips for women
Smashing retirement's glass ceiling: Expert tips for women
Investing
Sea of red on the markets
Sea of red on the markets
SAFM Market Update
Skills drain poses major challenge to Transnet's recovery
Skills drain poses major challenge to Transnet's recovery
Moneyweb@Midday
What I wish I knew before my first paycheque
What I wish I knew before my first paycheque
SAFM Market Update
Crypto, meet AI … threat or opportunity?
Crypto, meet AI … threat or opportunity?
Crypto podcasts
Helping SMEs walk the labour relations tightrope
Helping SMEs walk the labour relations tightrope
Small Business Conversations
Die Reserwebank se leidende aanwyser voorspel niks goeds vir die toekoms nie
Die Reserwebank se leidende aanwyser voorspel niks goeds vir die toekoms nie
RSG Geldsake
Meta wil Facebook, Whatsapp en Instagram met kunsmatige intelligensie opkikker
Meta wil Facebook, Whatsapp en Instagram met kunsmatige intelligensie opkikker
RSG Geldsake
It is not a disaster if SA is kicked out of Agoa
It is not a disaster if SA is kicked out of Agoa
RSG Geldsake
From our Advisors
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Advisor views
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Weekly Wrap-up
12 things to know before you start investing
Craig Torr - Crue Invest (Pty) Ltd
Before starting out your investment journey, it’s best to know what you could be in for.
Weekly Wrap-up
Value vs growth investing
Sean Kelly - Paragon Wealth Managers
Growth and value investing styles are often pitted against each other as an either-or option. But portfolios do have room for both.
Weekly Wrap-up
Things I've learnt through the first half of 2023
Arin Ruttenberg - Brenthurst Wealth
Things don’t always work out, but most of the time they do.
Weekly Wrap-up
Covid-19 Loan Guarantee Scheme: bridging the gap or widening the divide?
Tiaan Herbst - The Southern African Advisory Company [SAAC]
A critical review of South Africa's pandemic financial response.
Ask an advisor
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SUBMIT A QUESTION »
I’m 61 and plan to retire at 65. Is taking out another RA a good idea?
It makes sense to keep contributing to your retirement funds so as to reduce your taxable income, but there are various factors to consider before taking out a new RA.
Banking crisis: Is my investment at the bank safe?
The risk of collapse at major banks looks extremely slim at this point, but any investment with any financial institution carries a degree of risk.
Top comment
TRENDING »  SUBSCRIBE »
HelloWTF: “It's not the "ageing" plants that are the issue, it's the mismanagement and corruption that is the problem. Thats why the newer plants are also breaking down. All the plants, both old and newer, could operate far more efficiently.”
78 votes On story: SA’s power crisis will continue until 2025
Top viewed companies
JSE SEARCH »
1Steinhoff International Holdings N.V. »
2Sasol Ltd. »
3Sibanye Stillwater Ltd. »
4Transaction Capital Ltd. »
5Renergen Ltd. »
6Afrimat Ltd. »
7Thungela Resources Ltd. »
8Anglo American Platinum Ltd. »
9Omnia Holdings Ltd. »
10Nedbank Group Ltd. »
Latest indicators
MORE »    ALL DATA TOOLS »
Current Value 7 Day 1 Month 3 Months 6 Months
JSE ALSI
73,870.16
23 Jun, 15:11
-3.50 %
-2.14 %
-0.63 %
2.19 %
Industrial 25
101,127.50
23 Jun, 15:13
-2.87 %
-2.93 %
-0.19 %
13.97 %
Financial 15
15,512.41
23 Jun, 15:13
0.27 %
6.84 %
2.98 %
0.36 %
Resource 10
62,437.53
23 Jun, 15:13
-7.47 %
-7.03 %
-2.96 %
-11.89 %
Top 40
68,639.71
23 Jun, 15:13
-3.77 %
-2.42 %
-0.45 %
3.60 %
Current Value 7 Day 1 Month 3 Months 6 Months
USDZAR
R 18.70
23 Jun, 15:25
-0.39 %
-3.44 %
2.33 %
8.45 %
GBPZAR
R 23.77
23 Jun, 15:25
0.62 %
-0.94 %
6.28 %
15.11 %
EURZAR
R 20.37
23 Jun, 15:25
1.01 %
-1.77 %
3.49 %
12.37 %
AUDZAR
R 12.49
23 Jun, 15:25
-0.58 %
-1.38 %
3.46 %
9.63 %
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