Sasol’s coal sale mystery – Financial Mail
Sasol’s silence on the possible sale of its local coal assets has stoked speculation that its balance sheet is in worse shape than feared. Article by Lisa Steyn with insights by Abdul David’s, head of research for Kagiso Asset Management. view article
Lower prices and soft demand hit Mondi – Business Day
Paper and packaging group’s earnings dive 18% in the three months to end-September. The lower average prices and reduced demand for its products that Mondi experienced in the three months to end-September are likely to spill into the fourth quarter. Article by Karl Gernetzky and Siseko Njobeni with commentary by Dirk van Vlaanderen, associate portfolio […]
Hunt for palladium riches sends SA miners abroad – Moneyweb
The volatility in SA has miners seeking to balance exposure. Southern Africa is home to the world’s richest platinum deposits, but when Impala Platinum pondered how to invest its windfall profits, it chose North America instead. Article by Felix Njini (Bloomberg) with commentary by Mandi Dungwa, portfolio manager at Kagiso Asset Management. view article
Conditional investing calls for a creative approach – Moneyweb
Investors should expect a different return profile from local Shari’ah funds. There are currently 1 607 unit trusts and exchange-traded funds registered in South Africa. According to analysis by Glacier, just 24 of those are Shari’ah compliant. Article by Patrick Cairns with commentary by Jihad Jhaveri, head of process at Kagiso Asset Management. view article
