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Top articles and comments, based on the Moneyweb Insiders activity.
The top shared articles of past 24hours.
    Suren Naidoo / 3 April 2020 In a similar move to fellow clothing giant TFG.
     200      34
    Hilton Tarrant / 3 April 2020 And what new CEO Daniel Mminele will earn …
     172      15
    Jesse Morgans / 2 April 2020 Holding your pension fund in cash for an indefinite period could lead to longevity risk in your investment capital.
     80      0
    Suren Naidoo / 2 April 2020 Another new record low.
     67      25
    Larry Claasen / 3 April 2020 As legislation does not allow for a delayed audit.
     41      3
    Ryk van Niekerk / 3 April 2020 Former Orthotouch director and BRP of the Highveld Syndication companies replies to Moneyweb article.
     31      9
    Moneyweb / 2 April 2020 New facility enables people to understand their risk and consult a virtual healthcare professional for evaluation and advice: Mariam Cassim, Vodacom.
     20      0
    Nqobile Dludla, Reuters / 2 April 2020 Shares in MTN leapt as much as 18%.
     17      0
    Nqobile Dludla, Reuters / 3 April 2020 Database will be used to identify the whereabouts of people who may have contracted Covid-19.
     17      6
    Yinka Ibukun, Bloomberg  / 3 April 2020 Despite a shortage of tests.
     16      1
    Footage courtesy of SABC / 2 April 2020 Ministers representing the Coronavirus National Command Council delivered the latest decisions.
     11      10
    Tanisha Heiberg, Reuters / 2 April 2020 "Exemptions to the lockdown restrictions have been granted for certain additional goods which are considered critical to the nation's economy and its revitalisation post the COVID-19 pandemic," ARM said
     10      0
    Emma Rumney, Reuters / 2 April 2020 Decided not to provide any further financial support to its UK-based unit Gourmet Burger Kitchen
     8      3
    Roxanne Henderson, Bloomberg / 2 April 2020 RMB is customising relief packages to clients, Formby said.
     7      0
    Chris Mfula, Reuters / 2 April 2020 "The same patient had an underlying chronic respiratory disorder and a history of travel to South Africa and contact with some cohorts who travelled to high-risk countries prior to his admission," Chilufya said
     6      0
The top shared articles of the past 7 days.
    Ciaran Ryan / 30 March 2020 Jailed last year for owning a Lesotho-registered imported vehicle, Joaquim Alves went to war with Sars and Saps – and won.
     936      5
    Ciaran Ryan / 30 March 2020 Could individuals plead force majeure if they cannot pay their debts?
     897      16
    Larry Claasen / 30 March 2020 Authority urges businesses to remain tax compliant.
     800      7
    Melitta Ngalonkulu / 27 March 2020 R500m-plus R2bn available to assist small businesses.
     748      3
    Melitta Ngalonkulu / 30 March 2020 Applications will open by the end of the week.
     725      24
    Suren Naidoo / 30 March 2020 Edcon is not the only worry as other retailers consider not paying rent.
     588      26
    Paul Burkhardt, Bloomberg  / 31 March 2020 Shares rose as much as 24%.
     517      14
    Barbara Curson / 31 March 2020 This will severely impact its cash position.
     480      8
    Tebogo Tshwane / 28 March 2020 All three rating agencies now place South Africa's sovereign debt rating as junk.
     449      61
    Moneyweb / 1 April 2020 The application process may open before the end of the week.
     371      23
    Citizen reporter / 28 March 2020 The billionaire and his partners have joined the pledges of fellow philanthropists the Rupert and Oppenheimer families.
     369      35
    Alexander Winning and Shafiek Tassiem, Reuters / 1 April 2020 Confirmed cases in the country rise to 1 353 and five deaths.
     324      5
    Ann Crotty / 31 March 2020 No doubt the 100 000 lost jobs will be just a part of the enormous but unknown price to be paid, largely by the poor and vulnerable.
     313      20
    Louwna Erasmus / 29 March 2020 SA futurist advises in fight against epidemic.
     287      1
    Melitta Ngalonkulu / 27 March 2020 For employers who have had to send their workers home because of the lockdown.
     286      1
The top shared articles of the past month.
    Vernon Silver, Alessandra Migliaccio and John Follain, Bloomberg / 14 March 2020 In just days, a Western democracy went from Aperol Spritz to lockdown.
     2740      12
    Ciaran Ryan / 30 March 2020 Jailed last year for owning a Lesotho-registered imported vehicle, Joaquim Alves went to war with Sars and Saps – and won.
     936      5
    Ciaran Ryan / 30 March 2020 Could individuals plead force majeure if they cannot pay their debts?
     897      16
    Sinesipho Maninjwa / 26 March 2020 Poor cost control, no oil price hedge and bad luck all hurt SA's largest industrial company.
     853      36
    Larry Claasen / 30 March 2020 Authority urges businesses to remain tax compliant.
     800      7
    Suren Naidoo / 18 March 2020 There are now 14 cases of 'local transmission' in people who have no known travel history, according to latest official statistics.
     771      46
    Melitta Ngalonkulu / 27 March 2020 R500m-plus R2bn available to assist small businesses.
     748      3
    Melitta Ngalonkulu / 30 March 2020 Applications will open by the end of the week.
     725      24
    Suren Naidoo / 30 March 2020 Edcon is not the only worry as other retailers consider not paying rent.
     588      26
    Hilton Tarrant / 23 March 2020 More than 30% down for 23 of the 40 largest so far this year ….
     530      29
    Bloomberg News / 6 March 2020 Stocks in Shanghai and Shenzhen has jumped 14% in just over a month.
     527      6
    Paul Burkhardt, Bloomberg  / 31 March 2020 Shares rose as much as 24%.
     517      14
    Suren Naidoo / 21 March 2020 ‘Total collapse of demand’ will see around 7700 rooms or 40% of the SA group’s portfolio ‘deactivated’ over the next few weeks.
     503      11
    Janice Kew, Bloomberg / 27 March 2020 Retailer can’t pay suppliers.
     482      35
    Barbara Curson / 31 March 2020 This will severely impact its cash position.
     480      8
The latest 15 comments.
  1. Africa Pragmatist

    3 April 2020 @ 11:34 am
  2. What was the correlation between remuneration and performance??

  3. Vivienne K

    3 April 2020 @ 11:30 am
  4. Really??? Are you SERIOUS????

    DETRACTORS?? This was a word used by ORTHOTOUCH (and those involved since the beginning of the end…2011.

    I’m still not sure who these DETRACTORS are??

    Seeing as you are in the know Investor47, maybe you can enlighten me??

  5. Investor 47

    3 April 2020 @ 11:22 am
  6. Did you read the article objectively?

    He did say: ‘However, in the event that I ever have to testify at any enquiry into the affairs of Orthotouch I will do so without any fear and would gladly submit myself to and welcome any investigation.’

    Also read what he said about Bertelsman’s report.

    What I am reading is someone who has nothing to hide and is willing to testify without fear. Doesn’t that say something about the man.

  7. Bloodsweattears

    3 April 2020 @ 11:21 am
  8. Let’s see if the retailers are able to go back to their shops if it is under lock and key if they do not pay their contractual arrears. The reality is that both need each other – it is a symbiotic relationship. The problem is that the retailers have now unilaterally acted like bullies, yet they are dependent on the guys they are bullying for their lunch.

  9. Sunette du Plessis

    3 April 2020 @ 11:18 am
  10. Thank You Tony and Ryk for asking WHAT HAPPENED TO THE R4.6 BILLION. I agree if he says that there was “to only circa R2,6 billion” why not give that to us?

  11. Sunette du Plessis

    3 April 2020 @ 11:11 am
  12. “In order to carry out their duties, business rescue practitioners need to rely heavily, in making their assumptions and forecasts, on the knowledge of industry specialists with the necessary operational experience in that sphere of business. Without such assistance the business rescue practitioner’s work may be doomed for failure from the outset of taking on the assignment. Such industry specialists sometimes get it wrong as well.”

    You are so right Mr Hans Klopper regarding your last statement “sometimes get it wrong as well” That could happen but in this case I see it not as the old saying goes “s..t happens” I see it as deliberately walking all over us the investors!!!

  13. MichaelfromKlerksdorp

    3 April 2020 @ 11:09 am
  14. Was it not a SAXO Bank ‘outrageous’ prediction at start of this “great new decade” that the ZAR may top R20/US$…

    See article:

    https://www.home.saxo/campaigns/pr/2019-h2/saxo-bank-2020-outrageous-predictions

    (…off topic: it is item number-10 that really makes me to sit up and take notice! China is going to come out stronger after Covid-19, the US weakened. China is stockpiling oil at current low prices & also been hoarding gold for a number of years…)

  15. MichaelfromKlerksdorp

    3 April 2020 @ 10:59 am
  16. Agree HS (and others). This may also mean, if rent is not paid that centre management can order their security to keep the doors of the specific defaulting shops closed under ‘lock and chain’.

    The interim solution is for REITS and Retailers to renegotiate terms under lockdown passes.

    (I wonder if this move from PEP and prior that TFG, are not using this unprecedented Covid-19 event to fight the strong hand of landlords, while retailers now have a more powerful position standing together, they want to weaken the ever-strong negotiation position of landlords once lockdown passes. “…remember what we as retailers did to you landlords during lock-down? Now let’s negotiate”…)

    One can’t also be unsympathetic towards mall owners….those REITS are your & my retirement fund performance to a large extent. But so are shares in retailers. Best to renegotiate and find middle ground.

  17. Investor 47

    3 April 2020 @ 10:57 am
  18. I sincerely hope Ryk van Niekerk and all the other detractors will have the courage and grace to extend an apology to Hans Klopper.

    Taking on any business rescue task is onerous and in the hands of a real expert (Hans is internationally recognised as an expert) the process can be managed more effectively.

    Many have lost money in various schemes and investors in HS would have lost everything if it was not for Hans’s tireless efforts

  19. edalsg

    3 April 2020 @ 10:56 am
  20. She is canning herself laughing at all the comments, whilst sipping Bubbles with the connected one !(all black Supporter )

  21. afewdollarsmore

    3 April 2020 @ 10:50 am
  22. Haha. Sharp

  23. The Oracle 2

    3 April 2020 @ 10:50 am
  24. Please show me one example where the ANC has been successful in anything related to management of funds etc.? Pease – I dare you?

  25. MichaelfromKlerksdorp

    3 April 2020 @ 10:46 am
  26. Perhaps from now on, when new client-accountant contracts are drawn up, a new special provision of FORCE MAJEURE can be inserted…

  27. casi_negro

    3 April 2020 @ 10:33 am
  28. Tobacco taxes really?? more idiotic even!!

  29. casi_negro

    3 April 2020 @ 10:28 am
  30. Oh dear landlord,

    take you plight to your creditor.

    and please leave the taxpayer alone.

The top voted comments of the past 7 days.
  1. FSP

    28 March 2020 @ 5:32 am
  2. So… the chickens have come home to roost at the worst possible time
    Will the authorities ever learn that running a welfare state without a tax base JUST DOES NOT WORK!
    It’s time to part company with Marxist, Leninist political “partners” and create a culture of growth rather than living with the illusion that Government can solve the problem

  3. Chris Stoffel

    28 March 2020 @ 2:39 am
  4. Well then. We had a lot of time to get our act together and we did not. Every time Moody’s did not declare us as junk we were surprised. Now we are junk and we are shocked?
    But what the hell, it’s not our fault, we can blame Corona 19.

  5. Mactheknife

    30 March 2020 @ 8:50 am
  6. The rating agencies will do anything to prop up the dollar in my opinion.
    I’m not saying we aren’t complicit in our own economic demise but…this is a rigged wheel of fortune, they timed it perfectly.
    South Africa has been here before – we can survive this but it will take enormous effort by business SA and a concerted effort by the ANC to rid itself of BEE policies, red tape and municiple corruption just for starters….

  7. gt

    28 March 2020 @ 8:35 am
  8. If ever there was a case to sell non-performing SOEs (is there 1 that is??!) this is surely it!! Time to stand up to the unions!!!

  9. HS

    28 March 2020 @ 2:02 am
  10. A hearty congratulations to the ANC on their fine achievement in record time. It is truly a gifted organisation/government that can take a country with world class infrastructure, abundant mineral resources, as well as unlimited tourism possibility and destroy it all in a paltry 25 years.

  11. Sensei

    28 March 2020 @ 7:39 am
  12. Moody’s took 25 years to realize that Luthuli House is junk. We have known it all along. We did not experience any tsunamis, earthquakes, hurricanes, floods, meteorite strikes, nor did we experience a military invasion by foreign forces. No bombings, sabotage or drone strikes.

    We have got nothing, but the ANC, to blame junk status on. The Tripartite Alliance sabotaged the economy. They undermined economic growth. They plundered the shared resources. They use labour laws to extort money from businesses and to contract economic growth. They use BEE laws to extort capital from entrepreneurs and cashflow from the general public. They use the mining charter to detonate a bomb under exploration and job creation in the mining industry. They use local beneficiation requirements to decimate rural areas and to destroy mining towns. They use the security of tenure laws to demolish workers’ houses on farms. They use cadre deployment to bankrupt SOEs and municipalities and to destroy transport, electricity supply and service delivery.

    They use the expropriation debate to destroy capital formation, to destroy jobs and investments. The destruction of the tax-base, the exploding Debt/GDP ratio, the rising Budget Deficit are all manifestations of the ANC policies.

    Junk status emanates from the Freedom Charter. The “colonialists”, or free-market capitalists rather, handed a country over that was so strong and robust that it took the socialists 25 years to break it down to junk status. Therefore, it is not all citizens who must accept the description of junk status. It is only a certain part of society who is responsible for this description and who should own up to it. We knew it all along, but now it is official, ANC supporters are junk.

  13. TryingToRetire

    28 March 2020 @ 7:52 am
  14. Blame should go to the following: ANC, Zuma, Guptas, Eskom, KPMG, Other SOE’s, Bank of Baroda, Bain, Mckinsey, Bell Pottinger, Bosasa, SAP and Thales.

    They believed that there was no limit to the plunder they could visit on South Africa.

    Sorry if I left off any at the top of the pile. There are so many.

  15. Gone AWOL

    2 April 2020 @ 11:45 am
  16. Well the corruption and cadre credentials were to be expected..

    More interestingly, non seem to have any medical background or applicable epidemiology qualifications to tackle Covid-19.

    Once again, while govmt pushes the giant boulder up the mountain on inflated salaries, the impoverished public will have to tackle this crisis themselves.

    That’s socialism for you.

  17. HS

    3 April 2020 @ 1:01 am
  18. I wonder what TFG, PEPKOR and other retailers will do if we all stop paying our accounts due to the shutdown. This sword cuts both ways…and personally I think they are opening pandora’s box which will backfire horribly on themselves!!! Watch this space.

  19. casper1

    2 April 2020 @ 5:03 am
  20. LOL – Your Economy has stopped.

    It will also do so for a lot longer than the Delusional 21 day period which will be extended ad nauseum.

    Your ANC broke the bank and you do not have any money left for any stimulus – a rate cut will not help as no one has the money to spend and repay in any-case.

    This situation is called checkmate pal !!!!

  21. Chris Stoffel

    1 April 2020 @ 8:31 am
  22. Even if they are legit I don’t let them into my house. They might be the worst carriers of the disease because they are in contact with possible contaminated people.

  23. Seve Roux

    28 March 2020 @ 1:57 am
  24. This was expected and will bring about untod challenges!

    Will we recover?

    Yes if we

    cut the wage bill, shut SAA, involve the Private Sector to assist with Power Supply, abolish BEE to bring back the skill, finalize a decent land reform policy, get rid of all mayors and their perks, cut Government employees to curb the wage bill, bring to book the state capturers and get the unions to tow the line

    A pipe dream? Perhaps

    But so was winning the RWC

    It’s possible even plausible, even the ANC can pull it off

  25. jnrb

    30 March 2020 @ 2:25 pm
  26. It is shocking! What about the billions which the Guptas stole or the R4bn Lucky Montana from Transnet spent on trains that doesn’t fit on our railroads despite being warned about it. And here SARS/SAPS throws a man in jail over duties on a car of R40,000!

  27. Mmmm

    30 March 2020 @ 2:02 pm
  28. ANC Mafia state in action.

    Scum of the earth!

    South Africans are being ripped off by the car industry and a complicite Mafia ANC government.

    Well done for taking them on.

  29. AlapThando

    28 March 2020 @ 11:21 am
  30. Sa winning the rwc was an organized result with many professional administrators and ex rugby players creating a culture of excellence at rass roots levels. Having excellent feedstock withing the schooling and provincial systems and meritocracy playing a role helps. The “natural feedstocks ” at the civil service levels is fraught with poorly educated, morally compromised individuals with little interest in the welfare of many.

The top commented articles of the past 7 days.
    Tebogo Tshwane / 28 March 2020 All three rating agencies now place South Africa's sovereign debt rating as junk.
     449      61
    Citizen reporter / 28 March 2020 The billionaire and his partners have joined the pledges of fellow philanthropists the Rupert and Oppenheimer families.
     369      35
    Suren Naidoo / 3 April 2020 In a similar move to fellow clothing giant TFG.
     197      33
    Tebogo Tshwane / 2 April 2020 And that revenue isn't severely impacted, as SA battles the twin impact of being junked and the Covid-19 pandemic.
     33      29
    Suren Naidoo / 30 March 2020 Edcon is not the only worry as other retailers consider not paying rent.
     588      26
    Suren Naidoo / 2 April 2020 Another new record low.
     65      25
    Melitta Ngalonkulu / 30 March 2020 Applications will open by the end of the week.
     725      24
    Moneyweb / 1 April 2020 The application process may open before the end of the week.
     371      23
    Colleen Goko, Bloomberg / 30 March 2020 Local currency breaches 18 versus the greenback for the first time.
     31      22
    Ann Crotty / 31 March 2020 No doubt the 100 000 lost jobs will be just a part of the enormous but unknown price to be paid, largely by the poor and vulnerable.
     313      20
    Antony Sguazzin, Bloomberg / 29 March 2020 Government is considering an 'emergency budget'.
     27      19
    Suren Naidoo / 30 March 2020 Says decision was not 'taken lightly and has been guided by legal counsel'.
     161      17
    Adriaan Kruger / 31 March 2020 Real people in towns dependent on tourism will be without income for weeks, with weak prospects after the lockdown.
     15      17
    Suren Naidoo / 1 April 2020 Listed property sector worst-hit asset class as lockdown takes its toll, with retail tenants saying they cannot pay rent.
     117      17
    Ciaran Ryan / 30 March 2020 Could individuals plead force majeure if they cannot pay their debts?
     897      16
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