Taking a little look
MARC HASENFUSS: PSG finally putting distance between itself and Steinhoff
Gut feel is that the book-build might, in years to come, prove one of those all-too-rare moments when PSG shares offer great value
The recent regime change in Zimbabwe has sparked chatter around an economic recovery, albeit off rock-bottom, that may offer superb investment opportunities. Even if the political will to rebuild the economy holds, it will still take a while for real economic traction to take hold north of our borders. Mainstream investors, understandably wary of political mirages, may also prefer to wait a while for tangible evidence of an economic recovery. But brave(r) investors may find this a most exciting time to back neglected assets in Zimbabwe.With this in mind, I took some time to peruse the latest Sens submission from the Cloud Atlas AMI Big 50 ETF — an exchange traded fund made up of African stocks excluding those from SA. The latest change in key constituents did not reflect any additional Zimbabwean influence, with Grit Real Estate Income Group, STE Assurances Multirisques Ittihad SA and Société de Distribution d’Eau coming into the portfolio, and Custodian & Allied Insurance, Forte Oi...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.