UK inflation data and New Zealand rate hike remind investors that global economy still faces many challenges
SA is on the cusp of a possible public service strike
‘Nuggets’, ‘biltong’, ‘sausages’, ‘meatballs’, ‘patties’ and ‘burgers’ are deemed as terms for meat only
The governing party is discussing whether those criminally convicted of a serious crime should still have a home in the ANC
Tech company wants to make more products outside China
This is the steepest fall in retail activity since January 2021, showing the effects of higher inflation and interest rates
The claim by Sars that it costs the country R31bn is wrong — the real cost is about R4bn a year
Vast probe into banking irregularities targets former mayor, now chancellor, for questioning
World cricket is on a precipice and Test cricket must be allowed to survive in order to embed the basic principles of the game
German traffic police are investigating the cause of the incident, which police say involved an autonomous vehicle
The Resilient group of companies, which has regularly out-performed its peers in terms of capital and dividend growth, may be set to face the most intense scrutiny it ever has, if rumours that there is a report about its practices and governance, are true.
However, a number of fund managers have allayed their clients’ fears, saying they will continue to invest in the stable which includes Resilient REIT, NEPI Rockcastle, Fortress Income Fund and Greenbay Properties. They argue the firms are well-managed by experts who found better investment opportunities and took bigger risks than other commercial property owners and that the alleged report is unlikely to find anything dubious.
"I am a long-term buyer of stocks in this stable. The likes of Greenbay is very low geared and is able to grow its dividends by 25% a year without having to increase its debt," said Fayyaz Mottiar, head of property at Absa Asset Management.
US group Viceroy Research said at the end of December it would relea...
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