Naked Insurance strips out underwriting profit – Business Day
Naked Insurance, a Hollard-backed start-up, has become SA’s first operative insurer to relinquish underwriting profits through a business model that co-founder Alex Thomson says solves the “conflict of interest” inherent in insurance firms. Justin Floor comments. view article
A bright light at Eskom – Financial Mail
There is a least one pocket of excellence left in the Eskom group and that is the Eskom Pension & Provident Fund. Abdul Davids comments. view article
BAT still glowing for investors – Business Day
Cigarette group has produced the goods over the years but there may be bumps ahead, writes Marc Hasenfuss. Dirk van Vlaanderen comments. view article
Munro expects big things from Liberty – Business Day
Liberty CE David Munro launched straight into a turnaround-strategy speech at Friday’s results, assuring investors the insurer had “all the ingredients for success” as it reported its second consecutive double-digit drop in full-year earnings. Justin Floor comments. view article
Not on fire, but still smoking – Business Day
From a local perspective one might argue that the strong(er) rand environment is muting market enthusiasm for British American Tobacco. Dirk van Vlaanderen comments. view article
AECI to build on solid performance – Business Day
AECI has mainly shrugged off drought and SA’s disastrous mining impasse to deliver a “more than pleasing” result for the year ended December 2017. Aslam Davids comments. view article
Dividend fails to light up BAT – Business Day
Cigarette giant British American Tobacco (BAT) failed to ignite market sentiment despite dividends for the year to end-December increasing 15% to £1.95 a share and a blazing outlook for the group’s new products for smokers. Dirk van Vlaanderen comments. view article
Market approves of Massmart results – Business Day
Retail and wholesale group Massmart’s share price surged almost 9% after the group delivered a surprisingly satisfactory set of annual financial results despite battling weak consumer confidence. Dirk van Vlaanderen comments. view article
Adcock considers expansion to mitigate risks – Business Day
Pharmaceutical company Adcock Ingram is considering exports to the Asia-Pacific and South America as it looks to build its international business. Aslam Davids comments. view article
Miners' mixed blessing – Financial Mail
Gold miners have mixed feelings about the presidency of Cyril Ramaphosa. It could usher in a more investor-friendly mining regime, but at the same time, hopes that SA will be better managed have caused the rand to strengthen. Mandi Dungwa comments. view article