Trending on Moneyweb
Top articles and comments, based on the Moneyweb Insiders activity.
The top shared articles of past 24hours.
    Ciaran Ryan / 23 October 2019 To prevent township from 'sliding further into lawlessness' over electricity disconnections.
     99      37
    Barbara Curson / 24 October 2019 'There is a material uncertainty relating to whether the RAF is a going concern' – AG.
     25      5
    Ciaran Ryan / 23 October 2019 Predicting dizzying prices in 2020 and beyond.
     20      7
    Roy Cokayne / 24 October 2019 Set to invest in a R3.5bn biogas facility.
     19      5
    Felix Njini, Bloomberg / 23 October 2019 While gold miners face a dearth of new discoveries globally, large parts of West Africa have barely been explored.
     15      0
    Nqobile Dludla and Wendell Roelf, Reuters / 23 October 2019 The announcement comes days after Herman Mashaba announced his resignation from the party.
     14      12
    Staff reporter / 23 October 2019 Cartrack reaches a million subscribers for the first time.
     12      0
    Patrick Cairns / 24 October 2019 People don't make unethical decisions because they are greedy.
     10      2
    Henry Meyer, Bloomberg  / 23 October 2019 Russian leader to host more than 50 African states on Wednesday in bid to become strategic player on the continent.
     9      2
    Roy Cokayne / 23 October 2019 Pressure from manufacturers for dealers to hold more inventory 'unrelenting' – CMH.
     5      2
     Prinesha Naidoo, Bloomberg / 23 October 2019 It still, however, remains within the central bank’s target range.
     3      3
    Roy Cokayne / 24 October 2019 Unisa's former head says learners should be paid to stay in school.
     3      0
    David Hellier and Amy Thomson, Bloomberg / 23 October 2019 Delivery Hero joins the party.
     3      0
    Elena Popina, Bloomberg / 23 October 2019 Stock down as much as 2% on Wednesday.
     2      1
    Susan Mathew, Reuters / 23 October 2019 Brexit worries overshadow hopes for progress in US-China trade relations.
     1      0
The top shared articles of the past 7 days.
    Peter Armitage / 17 October 2019 Why these 20 high-profile companies' share prices have tanked, with billions of rands vaporised.
     542      34
    Ryk van Niekerk / 22 October 2019 Section 417 report makes stark findings against business rescue practitioner Hans Klopper and corporate lawyer Connie Myburgh.
     395      25
    Jonty Sacks / 19 October 2019 With some careful planning investors' tax liabilities could be vastly reduced by combining the two investment vehicles.
     209      14
    Reuters and Moneyweb / 17 October 2019 The plan must still be publicly gazetted, cabinet says.
     147      25
    Ryk van Niekerk / 22 October 2019 Business rescue practitioner harshly criticises Section 417 report.
     136      40
    Adriaan Kruger / 22 October 2019 Some spectactular cases, with at least 40% unable to account for their finances properly.
     122      34
    Patrick Cairns / 18 October 2019 Here's one way in which advisors can reimagine what they have to offer.
     117      8
    Ciaran Ryan / 23 October 2019 To prevent township from 'sliding further into lawlessness' over electricity disconnections.
     99      37
    Patrick Cairns / 23 October 2019 Assessing the value in local mid-cap shares.
     93      21
    Suren Naidoo / 18 October 2019 R1.5bn investment will see smartphones manufactured in new Durban plant and sold to the local and export market.
     93      6
    Roy Cokayne / 18 October 2019 Civil engineering segment sees confidence slump to record low in Q2.
     91      2
    Adriaan Kruger / 18 October 2019 Naspers and friends still rule the roost in the index, indicating that investors should look a bit wider than only tracking the Top 40.
     82      3
    Chris Yelland / 22 October 2019 Myriad problems at the power plant led to load shedding last week.
     66      30
     Loni Prinsloo, Bloomberg / 18 October 2019 Vast Networks, which is majority owned by MultiChoice, will go into liquidation next week.
     65      5
    Suren Naidoo / 23 October 2019 SA Property Index delivers just 1.3% in the first nine months of 2019.
     65      4
The top shared articles of the past month.
    Hilton Tarrant / 15 October 2019 About a quarter of the base has disappeared over the past five years.
     894      62
    Suren Naidoo / 4 October 2019 Watch a clip of what the development, east of the city centre, is planned to look like.
     724      16
    Peter Armitage / 17 October 2019 Why these 20 high-profile companies' share prices have tanked, with billions of rands vaporised.
     542      34
    Ray Mahlaka / 9 October 2019 Says a more appropriate sanction if they are found guilty of contempt of court would 'among other things' be a suspended sentence, a fine or a warning.
     438      37
    Ryk van Niekerk / 22 October 2019 Section 417 report makes stark findings against business rescue practitioner Hans Klopper and corporate lawyer Connie Myburgh.
     395      25
    Patrick Cairns / 10 October 2019 The differing fortunes of Old Mutual and Sanlam.
     357      5
    Ryk van Niekerk / 16 October 2019 The board claims the resignation of Derek Cohen as trustee of the Nova Debenture Trust was 'unlawful'.
     316      14
    Suren Naidoo / 14 October 2019 Year-on-year increase of 4.9% in August bodes well for the property sector.
     289      12
    Ryk van Niekerk / 25 September 2019 The sale of 31 'Orthotouch Properties' to Accelerate – the murky dimension.
     277      28
    Adriaan Kruger / 14 October 2019 House of Monopoly offers 20% monthly returns, but is keeping mum on how this is possible.
     256      56
    Stealthy Wealth / 27 September 2019 SA's personal finance community opens up.
     250      23
    Stealthy Wealth / 11 October 2019 How to get your investment running while not paying too much in fees.
     237      17
    Hilton Tarrant / 26 September 2019 Strong growth in clients, transactions, lending and earnings, despite a fiercely competitive market.
     230      7
    Suren Naidoo / 12 October 2019 Home affairs minister confirms that unabridged birth certificates will no longer be required for foreign minors travelling to SA.
     227      18
    Patrick Cairns / 8 October 2019 The market has been predictably unpredictable.
     220      28
The latest 15 comments.
  1. UrbanMan

    24 October 2019 @ 6:38 am
  2. There RAF is a gravy train for many legal firms who exist merely to loot the fund.
    Same thing is going to happen with the NHI fund and medical practitioners

  3. Johan_Buys

    24 October 2019 @ 6:37 am
  4. Across VW and the supplier park, 35MW sounds possible.

    Since you worked in this, do you have an idea what the levelized cost of energy would come out at?

  5. supersunbird

    24 October 2019 @ 6:37 am
  6. If the road accident fund was smart, they would have focused a great deal on road safety initiatives, alas, they aren’t smart.

  7. ratecompare.co.za

    24 October 2019 @ 6:35 am
  8. As of October 2019, AfricanBank still offers the best fixed deposit rates in South Africa (5 year effective annual rate is 10.76%), well ahead of SA Retail Bonds at 8.68% and Capitec’s 8.19%.

    Nedbank (7.44%) and Standard Bank (7.66%) are offering the worst five year fixed deposit rates.

  9. deon31751

    24 October 2019 @ 6:28 am
  10. By the time the ANC fools are going to get Eskom sorted, it will have no cutomers left

  11. eaeh

    24 October 2019 @ 6:08 am
  12. This is the first good news I have seen in SA for a long time. VW must have done the sums carefully if competing with Spain in production costs.

  13. TaffyDee

    24 October 2019 @ 6:07 am
  14. You can thank the legal profession for this, in part anyway.

  15. Andrew Grieveson

    24 October 2019 @ 6:03 am
  16. What a lot of intellectual mumbo jumbo . If you want to stop corruption you can’t go to wrong if you follow what the FBI and the IRS do to you when you get caught . We have gone so far the other side of bonkers that we
    starting to feel corruption must be dealt with in a PC way . God help us if we think we can solve this scourge by making the Guptas write a thousand lines after school …………

  17. Hachmet

    24 October 2019 @ 6:02 am
  18. All politicians should retire at 65 years old, Helen’s retirement will be welcomed by many.

  19. GinaSchroeder

    24 October 2019 @ 5:58 am
  20. Having worked in the biogas and energy industry this is an odd article.

    R3.5 billion would be at least a 35MW biogas facility- that is enormous. Are you sure your figures are correct

    Also 1000 jobs that has to be in the construction not operating

    Lastly $400 per ton for compost mmmh. In Gauteng that’s R3000 retail for 10m3 which would be about 3 tons. So unless they can convince farmers this is special fertiliser I think Not.

    Great news though that this is happening and VW are serious about sustainability.

  21. Mmmm

    24 October 2019 @ 5:58 am
  22. Great Idea and break-even after 28 months is spectacular.

    They will save billions in the long run.

    F Eskom.

  23. GinaSchroeder

    24 October 2019 @ 5:44 am
  24. Why do we need a Road Accident Fund in particular. There are approximately 500 000 deaths per year in RSA of which 50 000 deaths are not from normal causes ie not health related.

    15000 of the deaths are road accidents. How can it be fair that these accidents get allocated R42billion. That is over R2 million per person involved.

    What do the other 35000 accidental deaths e.g. murders, falls, drowning etc receive? What do the health related deaths receive?

    Also 25% of the RAF goes to legal costs. The system must be too complex even if one takes the view that it should still exist.

    What do other countries do?

  25. SPAP

    24 October 2019 @ 1:50 am
  26. What! People don’t make unethical decisions because they are greedy. Well we know that they don’t do so for the benefit of others or to donate their ill gained spoils to charity.

    Informal fallacies rule the roost here. Prof Piet thinks the corrupt, the crooked, the dishonest are not after money, they are after the end. The end being social status which is built on what they have, and what they have (or want) is in turn directed by a society that accords massive social power to material wealth which equals private wealth.

    How is material wealth / private wealth not about money and greed and the size of the bank account? Either learn to call a spade a spade or pull the other one.

  27. HS

    24 October 2019 @ 12:58 am
  28. Not sure what the news is here? Surely the RAF is a SOE? In which case it would obviously be mismanaged, broken, looted and dysfunctional. The only thing missing from this article is where the board members and/or politicians blame apartheid.

  29. Nowandthen

    24 October 2019 @ 12:29 am
  30. I think one should be fair to him.
    The DA is the modern version of the PFP, except that along the way it picked up the baggage of the NP voters etc.

    In other words a once largely english liberal party has become an all embracing umbrella under which stand former apartheid supporters and racists together with those who do accept a new SA and do have a different approach. They are all in the same party and that’s what we see playing out. NP voters and PFP voters couldn’t stand each other and now most of the NP supporters are in the same bed and quite frankly, we don’t like each other anyway!

    A party that was totally opposed to the death penalty started calling for referendums on it well knowing that there was no constitutional basis. The DA has become too all encompassing including liberals and racists and it needs to find proper roots and the racists must find another home if the DA is to succeed and gain black support.

The top voted comments of the past 7 days.
  1. casper1

    18 October 2019 @ 4:14 am
  2. No Hilton- It did not “suddenly” come to us.
    This crises has been brewing since 1994 when the ANC took over this country. In the late 90’s the real problems started with their affirmative action programs and the retirement of senior experienced staff.
    During the mid 2000’s I attended quite a few meeting of the Energy Intensive User Group as an alternate member representing a large Gold Mining Company and already the build program was looking quite stretched as the large projects of the time was being pushed out because of over capacity.

    We warned on numerous times that the delays will result in a deficit of power given the growing economy of the time. Still in 2006 this could still have been avoided had Ingula been on time and Medupi started on time with “Bravo” in final planning for tender.

    All this was then derailed by exceptionally poor executive decision making and non existing design and project management skills.
    Only the weak economy of the last 8 years have spared us a worse fate. If the growth had not plateaued/tapered off we would have been a lot worse off.

  3. Gibberish

    22 October 2019 @ 2:02 am
  4. SA has come off the rails and complete collapse is imminent!

    Only once this train wreck has come to a complete halt can it be righted, sadly it usually takes events like Rwanda to reach this point. (Zim is close, but not quite)

    How many of our politicians and affiliates, at all levels(municipal, national, diplomatic, ‘et al’….), can even read our constitution? Let alone know what is contained therein? Yet, they swear to uphold it! Even to God, they swear!

    Zombies, hold the power in this country, for they have no soul and therefore, have no remorse or guilt when they enter that church on a Sunday!

  5. DogEatDog

    17 October 2019 @ 12:45 pm
  6. The Rand rally is from dollar weakness. No one believes ANC plans anymore.

  7. Dr Gonzo

    18 October 2019 @ 12:38 pm
  8. The PRIVATE healthcare sector is a BUSINESS. It has been created because the PUBLIC healthcare sector is terrible. Government takes BILLIONS in public money every year for healthcare and does what with it, exactly? The answer to SA’s healthcare problems is not to drag private healthcare down to the level of public healthcare, its to get rid of the utterly useless ANC and put a competent party in charge who can fix public healthcare with the money they already have by employing honest, efficient public servants who will do their jobs and expand on the training programmes we have.

  9. Mmmm

    17 October 2019 @ 1:02 pm
  10. Agreed.

    Also don’t understand why the great “relief”. Its the same people that messed it up in the first place. Does anybody really belief they can come up with a workable solution?

    Laughable.

  11. Saibotkram1988

    23 October 2019 @ 10:42 am
  12. “and others who are entitled to free or subsidised electricity are also being disconnected.”

    Where do I sign up? What entitles someone to free electricity.
    This is an absolute joke. The whole country has good reason to sue eskom EXCEPT SOWETO!!!

  13. Boombang

    17 October 2019 @ 6:57 am
  14. The problems are still coming, I am a living example of why the tax revenues are dwindling. I was retrenched a year ago, my PAYE was over R300k. For at least the last 5 years before my retrenchment I never paid SARS anything less than R300k. All that money they will never get from the business that employed me. That position will never be replaced as the work will be absorbed by the existing team. Thats one example… the banks are looking at retrenching more than 10 000 people in the next 36 months (with SBSA closing 100 branches). Mines are planning retrenchments of over 20000 people in the next 5 years. How many will the SOE’s put out of employment in this current admistration?What about failed businesses, we see them in business rescue day in day out. The biggest single problem is the rampent corruption in the country in general…. Where in hell does SARS expect to see revenue growth from?

  15. Mmmm

    18 October 2019 @ 7:06 am
  16. They should be tattooed on the forehead. “Please don’t ever reproduce”

    Kusile and Medupi should soon be retired and still not working.

    Must be terrible to realize you just have no ability whatsoever.

    What is annoying is when they talk they make out as though they know exactly what is going on. From the top to the bottom they know nothing.

    CR say’s ESKOM was severely damaged by state capture. Wonder where he was? Oops I forgot. Before being NO1 SOE’s fell directly under him.

    No idea. He is trying to run it like a union. The socialist way.

    Tattoo him please.

  17. The Hun

    18 October 2019 @ 6:44 am
  18. It turns out that wearing a funny hat indoors is not enough to be able to run Eskom.

  19. TaffyDee

    23 October 2019 @ 10:44 am
  20. If I don’t pay I am disconnected- immediately.
    Why did Eskom allow things to get out of hand, as with Municipalities?
    Was the ANC making the call?

  21. davestew

    23 October 2019 @ 10:50 am
  22. “..just 10% of residents are paying for electricity in Soweto” and residents want to take Eskom to court!? My f0k Marelize..

  23. pwgg

    22 October 2019 @ 6:58 am
  24. In 1994 under pressure from the world, who would not be held accountable, we gave the keys of the Rolls Royce to the kids.

    Expect nothing less, in churches after the collection is done it is not given to the poor, underprivileged or uneducated to count.

    Travelling in this country used to be a pleasure stopping in little dorps that were clean and had nice hotels and corner cafes to have a meal or a cool drink. staying over was fun, nice dinner a walk in the silent street before bed. A peaceful sleep and a nice breakfast before your days drive.

    Alas no more……………….thanks ANC.

  25. teamed209

    21 October 2019 @ 11:16 am
  26. What utter nonsense reasons given by Herman.

    Zille is the chairman but she does not decide on policy and she has never been anti-poor either.

    Childish from Herman or perhaps there was another reason but resigning because the chairman you wanted didn’t get elected is very odd.

    Trying to do further damage by saying the DA will no longer be pro-poor is shocking, can see him in red overalls soon.

  27. Zokey

    22 October 2019 @ 6:23 am
  28. When do you apportion blame to the political party that has put these losers in place and leaves them to destroy the country??? This is the ANC at work. You know the peoples’ party, helping the poor. OR helping make people poor

  29. Incitatus

    22 October 2019 @ 11:58 am
  30. Many years ago, I was taken on a tour of Lethabo power station, circa 1986. Funny thing that we were able to do a proper design with rather primitive computers, compared to today’s, and that Lethabo is still working without major issues. So what, pray, has changed since 1986, when good old Boere en Soutie engineers could design power stations that actually worked? (And please don’t tell me it was foreign companies who made it a success. Hitachi and Alsthom were also involved at Kusile and Medupi.)

    Oh, wait…..

The top commented articles of the past 7 days.
    Hilton Tarrant / 18 October 2019 The numbers make for grim reading.
     57      47
    Ryk van Niekerk / 22 October 2019 Business rescue practitioner harshly criticises Section 417 report.
     136      40
    Tebogo Tshwane / 21 October 2019 He has confirmed his exit as Joburg mayor and the party.
     27      39
    Ciaran Ryan / 23 October 2019 To prevent township from 'sliding further into lawlessness' over electricity disconnections.
     98      37
    Adriaan Kruger / 22 October 2019 Some spectactular cases, with at least 40% unable to account for their finances properly.
     122      34
    Peter Armitage / 17 October 2019 Why these 20 high-profile companies' share prices have tanked, with billions of rands vaporised.
     542      34
    Chris Yelland / 22 October 2019 Myriad problems at the power plant led to load shedding last week.
     66      30
    Ryk van Niekerk / 22 October 2019 Section 417 report makes stark findings against business rescue practitioner Hans Klopper and corporate lawyer Connie Myburgh.
     395      25
    Reuters and Moneyweb / 17 October 2019 The plan must still be publicly gazetted, cabinet says.
     147      25
    Melitta Ngaonkulu / 21 October 2019 Former president says it failed to read his land reform report.
     49      23
    Patrick Cairns / 23 October 2019 Assessing the value in local mid-cap shares.
     93      21
    Paul Vecchiatto, Felix Njini and Mike Cohen, Bloomberg / 18 October 2019 Coal will continue to play a significant role in electricity generation, accounting for 59% of output.
     20      21
    Sarah Green Carmichael, Bloomberg Opinion / 20 October 2019 'Women are banging their heads on the glass ceiling, but it seems many men don’t even hear the commotion.'
     14      20
    Ryk van Niekerk / 21 October 2019 Government needs to pull the trigger on tough decisions.
     40      20
    Moneyweb / 21 October 2019 SA’s long-term energy plan is based on 4.3% average GDP growth over next decade.
     40      17
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