On paper, Anglogold's had the worst year among listed gold companies, but a ruthless handle on costs and a mine-by-mine review should start to pay off
It would seem like the main job of most municipal officials is to look for increasingly creative ways to suck residents dry. If only they applied this diligence to their actual job
It’s ‘highly unusual’ for such farms to have $4m cash on hand
An FM survey shows that even the prices of basic foods has rocketed more than 20% in a year, putting SA’s already-tenuous social stability at risk. But hiking grants, while a temporary relief, won’t ...
A new book asks why certain cities became the epicentre of the world at a specific point — and speculates which ones might lead in the future
Parachuted in by his old school chum — SA’s wannabe Warren Buffett, Sean Riskowitz — Tyrone Moodley was never an obvious choice as the man to lead Taste Holdings out of the financial swamp in which it finds itself.
The appointment of Moodley (32), whose only experience in the working world has been at investment firms like Sasfin and various Riskowitz-related outfits including Conduit Capital, Constantia Insurance and Protea Asset management, wasn’t exactly the deliverance that Taste’s shareholders may have hoped for after the abrupt exit of founder Carlo Gonzaga in February.
Gonzaga’s ignominious departure followed a failed rights offer and mounting financial losses. Moodley, Gonzaga and Riskowitz declined to be interviewed for this article. But Taste’s future hinges on whether its inexperienced CEO can convince the world’s second-most valuable food brand, Starbucks, to stick with the once-promising fast-food firm, its exclusive franchise partner in SA. That goes for Domino’s too. ...
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