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Moneyweb
Happy Friday John
Fri, 7 July 2023
Week's top stories
R183m damages claim against Spur Corp to be heard in October
R183m damages claim against Spur Corp to be heard in October
Roy Cokayne
Claim relates to rib supply and processing facility GPS Food Group.
Old Mutual readies for high pension savings cash-outs as two-pot day nears
Old Mutual readies for high pension savings cash-outs as two-pot day nears
Ntando Thukwana
Expects a high number of members to line up to make withdrawals on 1 March 2024.
As Steinhoff limps off the market, here’s who made billions
As Steinhoff limps off the market, here’s who made billions
Moneyweb
Shareholders forced to the back of the queue and, bar a token settlement, will walk away with nothing …
Were it not for caps, Investec CEO’s R180m pay would’ve been higher
Were it not for caps, Investec CEO’s R180m pay would’ve been higher
Moneyweb
Remco says an award from the depths of Covid-19 doesn’t constitute a ‘windfall’
New grid rules spike risk
New grid rules spike risk
Moneyweb
Investors 'will go elsewhere' – Saippa chair.
JSE showdown: Dogs vs winners YTD
JSE showdown: Dogs vs winners YTD
Ntando Thukwana
Amplats down the most, while Gold Fields shines.
Hollard ordered to pay client R1.7m after settling only 25% of claim
Hollard ordered to pay client R1.7m after settling only 25% of claim
Roy Cokayne
Plus costs and interest at 10.25% per annum from May 2018.
We track down funds scammed from a Moneyweb reader
We track down funds scammed from a Moneyweb reader
Ciaran Ryan
A dodgy website called MainTrade offered a profit of $80 000 to our reader if he could stump up $100 000 in crypto. He never received a cent back.
Heated debates over imported frozen food
Heated debates over imported frozen food
Amanda Visser
Consumers seem to be at the mercy of conflicting commercial and political interests.
Sanral’s new preferential procurement scoring system challenged
Sanral’s new preferential procurement scoring system challenged
Roy Cokayne
Contractors say it is unconstitutional, irrational, and will lead to ‘obvious and avoidable’ disadvantages for potential tenderers.
Simon’s weekly wrap: SA's thriving state institutions
Podcast brought to you by STANLIB
Simon’s weekly wrap: SA's thriving state institutions
Simon Brown
This week MoneywebNOW looked at 4IR metals, opportunities in the local renewable energy space and the EU's issues with our oranges.
Unions urged to prioritise workplace matters over politics
Podcast brought to you by Peregrine Capital
Unions urged to prioritise workplace matters over politics
Jeremy Maggs
A roundup of news, including a look at how SA could put an end to illegal mining.
Week's top podcasts
RADIO »    PODCASTS »
'If you can pick 6/10 winners, you are doing well'
'If you can pick 6/10 winners, you are doing well'
Be a Better Investor
R15bn Westown developer bets on a 'KZN Comeback'
R15bn Westown developer bets on a 'KZN Comeback'
The Property Pod
Pep offering consumer credit to protect sales
Pep offering consumer credit to protect sales
MoneywebNOW - Brought to you by STANLIB
'Phala Phala will still come back to haunt Ramaphosa'
'Phala Phala will still come back to haunt Ramaphosa'
Moneyweb@Midday
Managing finances while abroad: Expert advice for expats
Managing finances while abroad: Expert advice for expats
Money Rules
Local bitcoin economies sprouting up across SA
Local bitcoin economies sprouting up across SA
Crypto podcasts
Narrow tech rally sees Nasdaq's best H1 since the eighties
Narrow tech rally sees Nasdaq's best H1 since the eighties
MoneywebNOW - Brought to you by STANLIB
Why SA is seeing a structural shift in deposits
Why SA is seeing a structural shift in deposits
SAFM Market Update
When’s the right time to go from renting to buying?
When’s the right time to go from renting to buying?
SAFM Market Update
'Workers urgently need two-pot retirement system': Cosatu
'Workers urgently need two-pot retirement system': Cosatu
Moneyweb@Midday
Hoekom is daar tans minder beurtkrag?
Hoekom is daar tans minder beurtkrag?
RSG Geldsake
RSG Geldsake met Moneyweb – Maandag 03de Julie 2023
RSG Geldsake met Moneyweb – Maandag 03de Julie 2023
RSG Geldsake
EU raises issues with SA’s oranges … again
EU raises issues with SA’s oranges … again
MoneywebNOW - Brought to you by STANLIB
From our Advisors
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Weekly Wrap-up
Achieve your dream retirement with 'The Ultimate Guide to Retirement in South Africa'
Wouter Fourie - Ascor® Independent Wealth Managers
A look at why this book is an absolute necessity for individuals.
Weekly Wrap-up
Special trusts: Understanding their purpose and qualifying criteria
Eric Jordaan - Crue Invest (Pty) Ltd
A look at the legislation detail in respect of Type A and Type B trusts.
Weekly Wrap-up
Regulation 28 of the Pension Funds Act: Your questions answered
Devon Card - Crue Invest (Pty) Ltd
Legislation needs to be fully understood in the broad context of one’s overall investment portfolio without succumbing to fearmongering, greed, or emotional biases.
Weekly Wrap-up
June economic update
Michael Haldane - Global & Local The Investment Experts
The South African economy narrowly missed a technical recession in the first quarter.
Ask an advisor
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Should I transfer funds from a unit trust to a tax-free investment account?
You could. However, the scale of the benefits will depend on a couple of factors.
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Top voted comment
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boepens: “Apart from the astronomical numbers quoted, what strikes me most about the carcass that has been picked clean is that it was one man. Just one. Amazing. This should be a blockbuster movie at some stage.”
106 votes On story: As Steinhoff limps off the market, here’s who made billions
Top viewed companies
JSE SEARCH »
1Sasol Ltd. »
2Transaction Capital Ltd. »
3Sibanye Stillwater Ltd. »
4Steinhoff International Holdings N.V. »
5Renergen Ltd. »
6MultiChoice Group Ltd. »
7Nedbank Group Ltd. »
8Thungela Resources Ltd. »
9Naspers Ltd. »
10Anglo American Platinum Ltd. »
Latest indicators
MORE »    ALL DATA TOOLS »
Current Value 7 Day 1 Month 3 Months 6 Months
JSE ALSI
74,544.07
07 Jul, 13:45
-0.96 %
-3.91 %
-3.89 %
-3.57 %
Industrial 25
103,116.15
07 Jul, 13:46
-2.34 %
-0.62 %
-0.22 %
6.45 %
Financial 15
15,945.33
07 Jul, 13:45
1.08 %
3.56 %
0.98 %
1.66 %
Resource 10
61,047.09
07 Jul, 13:45
-1.06 %
-14.33 %
-12.18 %
-20.68 %
Top 40
69,240.38
07 Jul, 13:44
-1.14 %
-4.20 %
-3.59 %
-2.82 %
Current Value 7 Day 1 Month 3 Months 6 Months
USDZAR
R 19.11
07 Jul, 13:59
2.28 %
0.00 %
4.44 %
11.54 %
GBPZAR
R 24.38
07 Jul, 13:59
3.19 %
2.24 %
7.77 %
17.43 %
EURZAR
R 20.80
07 Jul, 13:59
2.17 %
1.72 %
4.83 %
14.10 %
AUDZAR
R 12.68
07 Jul, 13:59
2.68 %
-0.61 %
4.21 %
7.42 %
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