JSE ends the week firmer amid mixed international peers
Policies are wedded to a double fiction, that paid work will soon be available to those who seek it and the work will bring security and comfort
Police minister says specialised teams will be deployed to combat ‘zama zamas’
Nomusa Dube-Ncube, Amanda Bani and Mbali Frazer were interviewed for the position of premier on Saturday
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The reforms under way will attract much private investment, says minister in the presidency Mondli Gungubele
Transnet, Telkom and Eskom estimate that thieves and vandals cost them a total of R7bn a year due to metal theft
Cairo-mediated truce comes after three days of violence which left at least 43 people dead
Every time All Black coach Ian Foster fronts the media, he presents it with denial, not truth and honest appraisal
The vehicle is available in a single model boasting top features, enhanced mechanicals and a refined drive
Readers may feel that I have overdone the discussion on London closed-end funds in recent months. The reason I have concentrated on them so much (and probably will for the rest of this year) is that they are a relatively novel asset as far as SA investors are concerned and therefore require a wide introduction.
It’s at times like now, when the current (very uncomfortable) state of equity markets prevail, that a double-edged characteristic of investment trusts comes to the fore. During bear markets, they tend to open up discounts to the underlying asset value. The consequences of this are twofold; on the one hand these fund prices tend to fall further than normal indices, but on the other hand, the upside is that the long-term buyer can obtain excellent assets at discounted prices and the funds themselves can grow their relative NAV by buying back their own units. ..
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