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Economy probably contracted by 7% last year

8 Mar 2021  / Adriaan Kruger
Economists expect further recovery in the final quarter of 2020 to be announced on Tuesday, but it will take years to reach pre-Covid levels.

Court rules an employee attacked at work can sue her employer

8 Mar 2021  / Tania Broughton
'On the facts of this case, the assault took on racial and gendered overtones' - Judge Wallis.

Steinhoff remuneration sure to raise the ire of shareholders

8 Mar 2021  / Ann Crotty
CEO receives a cool R62.2m for the year, in cash.

It’s now firmly a renter’s market

8 Mar 2021  / Moneyweb
Rental growth in Q4 practically non-existent, likely negative …

Be warned: No more land invasions, except for …

8 Mar 2021  / Cathy Buckle
Over 12 000 Shangaan families to make way for a white-owned commercial dairy operation, while white commercial farmer on land protected by a bilateral agreement with Italy subjected to forcible removal on a Friday night.
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Insights into Warren Buffett’s annual letter

8 Mar 2021  / Simon Brown
The CEO of Berkshire Hathaway’s theme, ‘buy the good stuff at the good price and in an ideal world hold it forever’, seems to have wobbled a bit over the past year: Schalk Louw from PSG Old Oak.

Reluctantly-appointed Icasa councillor quits

8 Mar 2021  / Duncan McLeod
Zolani Kgosie Matthews resigned with immediate effect in February, just six months after being appointed.

Old Mutual warns of full-year loss

8 Mar 2021  / Shanima A and Emma Rumney, Reuters
On Covid-19 provisions hike.

Tigon: Judge orders Bennett to get vaccinated

8 Mar 2021  / Moneyweb
While Porritt is in hot water over Sars remark.

Podcasts: The future of storytelling

8 Mar 2021  / AME
AME has secured the SA rights for Wondery podcasts, the world’s largest independent podcast producer.

Absa group deputy CEO dies

7 Mar 2021  / Adelaide Changole and Roxanne Henderson, Bloomberg
After battling Covid-19.

What to watch as China rolls out an economic plan to overtake the US

7 Mar 2021  / Bloomberg News
Laying out plans that could propel the economy into the world’s biggest this decade.

How does the Johnson & Johnson vaccine compare to other coronavirus vaccines?

7 Mar 2021  / Maureen Ferran
Four questions answered.

The vaccine revolution is coming inside tiny bubbles of fat

7 Mar 2021  / Tim Loh, Bloomberg
Tiny lipid spheres are the unsung heroes of vaccines.

Where does plastic pollution go when it enters the ocean?

7 Mar 2021  / Bruce Sutherland, Michelle DiBenedetto and Ton van den Bremer
It’s estimated that around ten million tonnes enters the ocean.

Business trips struggle to recover

6 Mar 2021  / Alex Tanzi, Bloomberg
In the age of Zoom video meetings.

Rethinking risk

6 Mar 2021  / Anet Ahern
Risk assumptions affect how we view opportunity too.

Covid-19: Key questions about South Africa's vaccine rollout plan

6 Mar 2021  / Veronica Ueckermann
A look at South Africa’s targets for vaccine coverage.

Microsoft steps up push to bring virtual reality to the masses

6 Mar 2021  / Dina Bass, Bloomberg
And for more creators to build these digital and holographic worlds.

Platinum stocks soar on kick from recovery in auto sales

5 Mar 2021  / Ciaran Ryan
PGM prices are up on supply tightness and tighter environmental regulations.

Cabinet inaction delays merger of three state energy subsidiaries

5 Mar 2021  / Jan-Jan Joubert
Parliament’s portfolio committee on mineral resources and energy heard this week.

Climate change is front and centre

5 Mar 2021  / Allan Greenblo
Blackrock CEO Larry Fink on the prospect of active portfolios divesting from companies that didn’t commit to achieving net zero carbon emissions by 2050.

Simon’s weekly wrap: Company results, MMT and tax-free investing

5 Mar 2021  / Simon Brown
This week MoneywebNOW looked at modern monetary theory, a better way to invest your tax-free R36 000, results from Sea Harvest and Grindrod, Standard Bank's update, and more.

Grindrod reports headline loss as impairments hit R583m

5 Mar 2021  / Suren Naidoo
No final dividend declared for ordinary shareholders, but preference shareholders will get 312 cents per share.

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READER'S SAY

  He didnt miss BYD, they bought it a decade ago (2008) when EV was in its infancy. It rose to one of the largest holdings because of the Tesla effect pulling up all EVs. Doesn't seem very behind the times if he bought it so long ago? And was actually early to EV......  

  59

  Adriaan, if I am blind, I still would not believe the 7%. Walk around towns/cities (with your eyes open) and see how many businesses are closed. Do a before and after lockdown analysis of open/close businesses....  

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