Platinum group metal producers have suffered a stunning reversal of fortune over the past four months, thanks to a major cost crunch and an impending surplus of 2021’s go-go metal, palladium
CEOs are responsible for making sure the hospital is financially sustainable and to make sure it delivers good quality care
Shoprite challenges Pick n Pay over packaging
There’s a shake-up in SA’s competition landscape, as Competition Commissioner Tembinkosi Bonakele is being replaced by Doris Tshepe. But it comes amid rumblings that the watchdog body is interfering ...
A traditional game is played at an institutional venue while down the road a new future beckons
A good week
For a long time, it wasn’t Bidvest that drew the investor money following the split from Bidcorp, the international food services business spun out and listed on the JSE. Rather, Bidcorp’s obvious rand-hedge appeal seemed a no-brainer for skittish South Africans. Well, as it turns out, that was the wrong call, and results delivered by CEO Mpumi Madisa are a class act. They explain why Bidvest stock is up almost 38% over one year against Bidcorp’s 13% gain. They also vindicate Madisa’s optimism throughout the pandemic.
A bad week
So long, farewell, until we met aga-aaaain. Poor Carl Niehaus, you really have to work exceptionally hard to get fired from the ANC, which appears quite happy to retain all manner of criminals in its midst. Of course, his sacking means that Carl, who now goes by the title "ambassador", is launching charges of theft, fraud, corruption, "and various statutory crimes" against the National Office Bearers (NOBs — you got that, right) of his former employer, with the police. Who says pissing from outside the tent doesn’t work?
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Published by Arena Holdings and distributed with the Financial Mail on the last Thursday of every month except December and January.