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
Chinese companies are the big winners in brand values ranking
Zille doesn’t rule out a coalition with the ANC after 2024 even though “the ANC wants to be in government to loot”, she tells Peter Bruce
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
It was hard to imagine, at the start of 2021, that Naspers shares would be among the worst performers on the JSE’s top 40 index come September, having dropped 22%, while Prosus would be 26% weaker. With their biggest asset still Chinese group Tencent, their share prices have been clattered by an increasingly interventionist Chinese state, intent on some heavy-duty social engineering. The FM asked Vestact’s Bright Khumalo and Old Mutual Investment Group’s Neelash Hansjee what all of this means for investors.
The statement last week from the Chinese Communist Party around gaming — that companies like Tencent were "urged to break from the solitary focus of pursuing profit or attracting players and fans" — sent Naspers and Prosus share prices crashing further. Does it diminish the investment case?..
A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
Already subscribed? Simply sign in below.
Questions or problems? Email email@example.com or call 0860 52 52 00. Got a subscription voucher? Redeem it now
Would you like to comment on this article? Register (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.