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Top articles and comments, based on the Moneyweb Insiders activity.
The top shared articles of past 24hours.
    Zoë Postman / 30 September 2020 After Sassa refuses to back down over the debt it's owed.
     20      6
    Melitta Ngalonkulu / 30 September 2020 Getting rid of my ego helps me to make the best decisions. 'Vanity metrics' don't actually pay the bills – Nic Haralambous, founder of nicharry.com, speaker and writer.
     16      1
    Larry Claasen / 30 September 2020 But Covid-19 crisis takes its toll.
     15      3
    Felix Njini, Taonga Clifford Mitimingi and Matthew Hill, Bloomberg / 30 September 2020 Royalty tax introduced last year makes the projects unviable, according to an industry lobby group.
     12      1
    Ilya Khrennikov and Alex Sazonov, Bloomberg  / 30 September 2020 Playrix revenue gains outpace the mobile-games market.
     10      0
    Dudu Ramela / 30 September 2020 We've seen a complete avoidance of the healthcare system by patients and doctors for everything non-Covid-19 related - a pattern we've never seen before: Dr Ryan Noach – CEO, Discovery Health
     6      0
    Mfuneko Toyana, Reuters / 30 September 2020 Phiri said the DOJ had not received any ransom demands.
     5      1
    Suren Naidoo / 1 October 2020 The group will now be taking on the likes of Ackermans, Pep and Mr Price with its more than 400 new stores.
     4      0
    Mark Gurman, Bloomberg / 30 September 2020 The new packages are the first equity awards issued to Cook since he was named CEO in 2011.
     2      0
    Fiona Rutherford, Bloomberg / 30 September 2020 The vast majority of the thousands of ventilators manufactured under an emergency UK programme to treat Covid-19 patients have gone unused.
     2      0
    Simon Brown / 30 September 2020 Mia Kruger of Kruger International on luxury markets, the Palantir listing and Ascendis results. Alviva CEO, Pierre Spies talks the company's financials and the shift into services. Hilary Dudley of Citadel Fiduciary on the ins and outs of wills.
     2      0
    Tim Cocks, Reuters / 30 September 2020 'We will review the data every two weeks,' Pandor said
     2      5
    Jennifer Epstein and Jennifer Jacobs, Bloomberg / 30 September 2020 As insults drown out issues.
     2      0
    Loni Prinsloo / 30 September 2020 The company will now publish its financial results in the week of October 5.
     2      0
    S'thembile Cele, Bloomberg / 30 September 2020 Three more people are expected to be detained by the end of the day.
     1      2
The top shared articles of the past 7 days.
    Tony Beamish / 25 September 2020 R492m default judgment unheard of.
     334      46
    Yanga Nozibele / 26 September 2020 But what if you knew that your weekly takeout meals could be worth an extra million rand in your retirement pot?
     199      15
    Ciaran Ryan / 25 September 2020 By expropriating its 802 private shareholders without compensation.
     189      30
    Suren Naidoo / 29 September 2020 The group’s CEO previously worked for Massmart, Mr Price – and even Edcon.
     175      3
    Ann Crotty / 29 September 2020 But Tongaat can’t have ‘that’ discussion now because it still needs the audit firm.
     173      11
    Melitta Ngalonkulu / 29 September 2020 Despite the newly upgraded system still struggling to verify over 90 000 employers' banking details.
     160      6
    Larry Claasen / 25 September 2020 Crowdfunding bid keeps troubled state-owned airline afloat.
     145      19
    Jaco Prinsloo / 27 September 2020 Many South Africans find themselves living from payday to payday.
     119      1
    Ciaran Ryan / 28 September 2020 Westdawn is seeking to liquidate Optimum Coal Mine. This attempt hit a wobble in the Joburg High Court.
     102      3
    Melitta Ngalonkulu / 25 September 2020 4 800 jobs will be saved from the Edcon sale.
     91      6
    Melitta Ngalonkulu / 29 September 2020 Unemployment soars to over 40%.
     86      36
    Roy Cokayne / 28 September 2020 Claim against WBHO, Aveng and Stefanutti Stocks relates to collusion and bid-rigging ahead of 2010 Fifa World Cup.
     85      8
    Nicholas Riemer / 26 September 2020 Excess funds present an ideal opportunity to reduce debt.
     69      0
    Ann Crotty / 28 September 2020 It’s a bit sad when your first anniversary comes along and all anyone has to say is 'What was the point? Why do you exist?'
     63      15
    Ann Crotty / 28 September 2020 Tongaat hangs on to Deloitte and African Rainbow Capital Investments' management continues to rake in fees.
     61      7
The top shared articles of the past month.
    Hilton Tarrant / 14 September 2020 Haters will say 'told you so'.
     967      44
    Danny Dorling / 13 September 2020 Your chances of dying with Covid-19 depend primarily on age.
     707      10
    Ciaran Ryan / 21 September 2020 The data dump suggests MTI has taken in deposits of R4bn, while founders reportedly received R309 million.
     497      60
    Larry Claasen / 4 September 2020 Attorneys want the high court to wind up insolvent fund.
     409      32
    Melitta Ngalonkulu / 10 September 2020 A day after it was announced that it would be extended to September 15.
     390      6
    Tony Beamish / 25 September 2020 R492m default judgment unheard of.
     334      46
    Stealthy Wealth / 7 September 2020 You can be a bond-free property owner in 13 years instead of 20.
     327      13
    Barbara Curson / 15 September 2020 The National State of Disaster has been just that. A disaster. And it's a state that extends beyond just the pandemic.
     275      30
    Suren Naidoo / 17 September 2020 Amid Covid-19 economic fallout.
     247      7
    Ann Crotty / 21 September 2020 New CEO to get R161m worth of Sanlam shares.
     231      24
    Michael Haldene / 10 September 2020 The decision is not as simple as one might think.
     228      0
    Ann Crotty / 8 September 2020 Bell Equipment makes an offer to buy out John Deere.
     224      4
    Suren Naidoo / 4 September 2020 Group’s founder increases his stake to 31.26%, ahead of rival Zunaid Moti
     213      5
    Roy Cokayne / 8 September 2020 Ombud says he acted wrongfully and negligently.
     212      10
    Yanga Nozibele / 26 September 2020 But what if you knew that your weekly takeout meals could be worth an extra million rand in your retirement pot?
     199      15
The latest 15 comments.
  1. Dadape

    30 September 2020 @ 11:35 pm
  2. Once this kicks in, South Africa will once again soar to New heights! They just need to speed it up. Time is money and we need more efficiency in government. We must understand the value of time to our people.

  3. Johan_Buys

    30 September 2020 @ 10:52 pm
  4. If you believe these accounts I have a statue in NY for sale

  5. Paining

    30 September 2020 @ 9:17 pm
  6. Money into the exchequer from all except connected cadres and taxi drivers.

  7. Paining

    30 September 2020 @ 9:15 pm
  8. Indeed. Science is deeply offended. But let’s just call it the Dunning-Kruger Effect, shake one’s head and look for the next laugh – before we cry in desperation.

  9. Contrast and Reality

    30 September 2020 @ 7:57 pm
  10. Sr. Sensei, your content is at times overtaking the article, great read Sir.
    My take on this construction sector I’ve repeated few times
    bla, bal, bla, construction = political, so not reading the article word for word was enough to fool one into thinking there must also be a new political dispensation coming then ?!

  11. Contrast and Reality

    30 September 2020 @ 7:51 pm
  12. in China yes, in africa they are a complete and total farce. Go look next door in Moz and Angola and other locations. All good fronting the bodywork of a German import but cant then fix it on to a Lada framework.

  13. MeyerDeon

    30 September 2020 @ 7:28 pm
  14. Why not open the borders to all on condition that they present a valid medical certificate declaring the “Covid-19 free when entering SA?Why is China not on the banned list?

  15. MeyerDeon

    30 September 2020 @ 7:24 pm
  16. They are even stealing more and more time that they could and should have spend in jail.

  17. Sir Thomas van Es

    30 September 2020 @ 7:17 pm
  18. I think that people might be threatened by clean energy completely wiping fossil fuel energy off the planet. I think that fossil fuel can still play a role, but hopefully a much smaller one that it is playing now. And that the presence of green energy grows year by year. It is far away, but realistic.

  19. boepens

    30 September 2020 @ 6:23 pm
  20. “You have an infection rate one of the highest in the world and the highest in Africa”.

    Maybe that’s why it’s called a pandemic … ? As in everyone eventually gets infected.

    More importantly the recovery rate is 90%.

  21. IAAD54

    30 September 2020 @ 6:08 pm
  22. South Africa was way,way too slow to close its borders to the USA and EU.
    As a result they brought with them the worse form of COVID 19 in the world via the western cape and KZn from their slavemasters or so called
    americans and europeans

    You have an infection rate one of the highest in the world and the highest in Africa.

    These negligent americans and europeans some who live in south africa
    many who are tax dodgers should be deport back to where they come from.

  23. mountainboy

    30 September 2020 @ 6:00 pm
  24. Sounds like the advisors who always stated that the JSE is the only place to be. Stay put, don’t panic, it’s a blip, it’s cheap to buy etc etc

    And got absolutely decimated.

  25. boepens

    30 September 2020 @ 5:35 pm
  26. “No African countries will be subjected to restrictions in the high-risk category.”

    Thousands of tourists from South Sudan will welcome this, I am sure.

  27. Claudeee

    30 September 2020 @ 5:16 pm
  28. As I’ve stated before, having an ID book or card proving that one is 18 years of age or older, + the ability to mark an X on a piece of paper gives someone a say as to who rules the country???

    Does anyone else see the stupidity in this system?

  29. AfriqueDS

    30 September 2020 @ 4:52 pm
  30. No end to their idiocy. this so called Guberment seems hellbent on destruction.

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

    25 September 2020 @ 6:01 am
  2. I don’t know where the full R492m is but have some suggestions: the mayor’s new car, his wife’s new car, the new cars of various councilors and their families, various items of bling purchased from several local stores, recent very expensive funerals in the area???

  3. Richardthe Great

    25 September 2020 @ 2:37 am
  4. Why am I not surprised. I think I am going to roll over and die from “not surprise”. The reason government at all levels is a disaster is simply there are no market forces and no accountability. The local government is voted in largely by those who do not pay for services or pay rates and the election of these cadres is contingent on maintenance of the status quo. Those who do pay rates are expected to carry the can. Tax is SA, at all levels, is an extortion racket and wealth redistribution exercise. Government employees are largely incompetent and appointed on the basis of who they are not what they can bring to the table. Over staffing, theft, graft and corruption are commonplace. There are no consequences for these actions apart from cash cow ratepayers moving to greener pastures and property values collapsing along with all semblance of modern western civilisation. Having implemented tried and trusted socialist policies with highly predictable outcomes, there is indeed a special place in hell for the ANC.

  5. Darwin

    25 September 2020 @ 7:27 am
  6. Emfuleni is the old Vereeniging and surrounds. It used to be the heartland of heavy industry in SA. Now, it is a proud monument to one of the biggest achievements of the ANC – the total de-industrialisation of South Africa.

  7. Sensei

    25 September 2020 @ 7:07 am
  8. The Reserve Bank is a national asset. So are the JSE and all the listed companies, private farms and small businesses that provide employment opportunities, a regular income, social stability and food security. These institutions are national assets because they are in private hands. They belong to individuals through the pension funds and they serve the consumers by delivering the best products at the best price. Everybody who deals with a bank, or buys a product that has been produced by an institution that uses a bank, or uses the rand as a means of exchange, already has a vested interest in the Reserve Bank. By simply owning a currency that has purchasing power, the average citizen already enjoys all the benefits of the Reserve Bank. Nationalisation will destroy this most important benefit.

    Eskom, SAA, 80% of municipalities and all the SOEs are national liabilities. They cost more than they produce. These state entities consume capital and act as a drag on society and impoverish the nation. These entities will consume pension fund assets and deliver a substandard service at an unaffordable price. These self-serving government monopolies exploit the consumers and their only purpose is to act as a special social grant to politically connected cadres and labour unions. These entities consume and destroy the assets of the nation and cause rising inequality and poverty. If the Reserve Bank loses its independence to become another SOE under the control of Luthuli House, the rand will be worth less than toilet paper.

    The EFF is a dangerous mob of self-serving fascists that target people with the slave mentality to exploit their ignorance.

  9. Darwin

    25 September 2020 @ 7:05 am
  10. Just another attempted bank heist by Julius et co. Clearly the millions stolen from VBS bank has all been spent. On luxury cars, designer clothes and KFC, no doubt. And still the voting public has not wisened up to the EFF’s shenanigans.
    The following must be the most cynical statement in democratic South Africa’s blighted history: “and we are proposing a law, an amendment that will take shares from 800 odd private shareholders [and give] to 57 million South Africans”. No Julius, the 57 million will not see one cent of the stolen loot. Only the robber politicians and their obsequious hangers-on will.

  11. Sensei

    28 September 2020 @ 7:51 am
  12. Anti-capitalist policies = Unemployment + rising inequality

    The unemployment figure proves that the ANC has successfully “redistributed” the capital base in the country. Rising capital formation is a prerequisite for job-creation. Employment opportunities depend on new factories, new mines and new investments in plant and equipment. Anti-capitalist policies like labour laws that incentivise and condone militant labour action, the redistributive rates and taxes regime, the high company tax, BEE requirements and the cost of electricity, punishes capital formation and motivates the flight of capital. Unemployment rises as capital formation shrinks.

    This is the law of unintended consequences. The policies that are supposed to bring equality and social justice, delivered rising inequality, more poverty and the injustice of joblessness. The ultimate destination on this highway of the political-economy is fascism. The ANC policies create very promising opportunities for the EFF. The ANC is creating the environment in which the EFF will become the majority in parliament. It will be the staunch ANC supporters, through their support for ANC policies, who will ensure that Malema becomes president. The ANC supporters, because of their ignorance and short-sightedness, are their own biggest enemies. ANC supporters will put the EFF in power, not by voting for them, but by creating the socio-economic environment that supports the rise of National Socialism and fascism.

    It was the policies of the previous Weimar Government that created the environment for Hitler to gain control.

  13. pwgg

    25 September 2020 @ 7:42 am
  14. The EFF is totally irrelevant in SA, they have made no meaningful contribution to SA.

    Just another bit of grand standing seeing they got no attention during lockdown.

    First Clicks now this, only good for kicking over rubbish bins.

  15. AlapThando

    29 September 2020 @ 1:27 pm
  16. A better life for (all) those in Civil service!

  17. TheSpark

    29 September 2020 @ 1:04 pm
  18. Bunch of utter imbeciles in government

  19. Gibberish

    25 September 2020 @ 1:17 am
  20. The greatest “wow” factor in all of this. Is…put it simply. “Wow, why am I not surprised?”

    Then I remembered, wherever the ANC and other such ‘commie-revolutionary’ parties roam, nothing besides a trail of destruction lies in their wake! From Chernobyl and throughout Africa a toxic wasteland & mental state are all that remain!

  21. Mmmm

    25 September 2020 @ 6:59 am
  22. I am invested offshore in foreign currency.

    So go for it. Will make life a bit cheaper around these parts and will be the cause of greater inequality.

    Inequality is what the EFF wants????? Do they know what they want?

    It will just be another EISH!!! moment.

  23. Reggwat

    24 September 2020 @ 7:10 am
  24. In view of recent, COVID-19 et al, developments eg.
    – zero dividends from JSE investments;
    – 4% (inflation being 10%) interest on money in the bank.So I lose more than I earn.
    – tenants at our properties requesting rent relief, thus reducing rate of return to 2%;
    – Sanlam RA stagnant. No growth for obvious reasons. Sanlam’s financials the other day showed big losses. Despite this, Sanlam the losses Sanlam paid some dude R160m.
    – the chap that owes me R500 said that b/c Covid-19 he cannot pay me.
    So for me, any investment (cANCer govt generated or not) that is going to pay market related returns (and protecting capital) will be more than welcome.

  25. Sensei

    29 September 2020 @ 2:14 pm
  26. According to Trading Economics, we have got ten million people in formal employment. Our population size is 60 million. That means 83% of citizens are unemployed. 3 million individuals pay 98% of taxes. This implies that 95% of society contributes very little to nothing, while they are living like queen bees. The 5% of citizens who are worker bees are forced to fly all over the place to keep the rest alive.

    Every time the exhausted worker-bee enters the hive, he gets abused as a privileged WMC. I honestly can’t see how this beehive can survive. The swarm is cannibalising itself. The majority are squatting on the honeycomb where they can steal their own honey.

  27. Paul Kearney

    25 September 2020 @ 9:59 am
  28. This view could be mistaken. I think the EFF are just the ANC’s stormtroopers, 5th Brigade or Brown Shirts and hence a lightning rod for the bad stuff that is going to destroy SA.

  29. TaffyDee

    24 September 2020 @ 12:36 pm
  30. Whatever communistic speak you want to use, there are no rabbits to be pulled out of the hat.
    They just want your money, and the ANC have demonstrated their prowess in dealing with other people’s money.
    No, no and again NO.

The top commented articles of the past 7 days.
    Tony Beamish / 25 September 2020 R492m default judgment unheard of.
     334      46
    Melitta Ngalonkulu / 29 September 2020 Unemployment soars to over 40%.
     86      36
    Ciaran Ryan / 25 September 2020 By expropriating its 802 private shareholders without compensation.
     189      30
    Larry Claasen / 25 September 2020 Crowdfunding bid keeps troubled state-owned airline afloat.
     145      19
    Roy Cokayne / 30 September 2020 But it's concerned about projects taking too long to be awarded, the skills flight and corruption.
     31      15
    Yanga Nozibele / 26 September 2020 But what if you knew that your weekly takeout meals could be worth an extra million rand in your retirement pot?
     199      15
    Ann Crotty / 28 September 2020 It’s a bit sad when your first anniversary comes along and all anyone has to say is 'What was the point? Why do you exist?'
     63      15
    Barbara Curson / 30 September 2020 The CEO of the company that won the contract paid R650 000 into the family trust of the head of the provincial department that awarded it.
     20      13
    Busi Mavuso / 28 September 2020 The IRP sets out procurement plans for the next 10 years but we need a visible pipeline longer than that.
     11      12
    Alexander Winning, Reuters / 29 September 2020 Until funding for a restructuring plan is found.
     18      11
    Prinesha Naidoo, Bloomberg / 28 September 2020 The country's unemployment crisis is out of control.
     49      11
    Ann Crotty / 29 September 2020 But Tongaat can’t have ‘that’ discussion now because it still needs the audit firm.
     173      11
    Emma Rumney, Reuters / 26 September 2020 After SAA Technical suspends services to SAA.
     26      11
    Ryk van Niekerk / 28 September 2020 AB InBev and Discovery are two top holdings in the PSG Balanced Fund, co-managed by Justin Floor.
     34      9
    Roy Cokayne / 28 September 2020 Claim against WBHO, Aveng and Stefanutti Stocks relates to collusion and bid-rigging ahead of 2010 Fifa World Cup.
     85      8
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