Kagiso PMI ends year positively – The New Age
THE key leading manufacturing indicator released yesterday points to improving conditions in November. The latest Kagiso Purchasing Managers Index (PMI) increased by 1.7 points to 52.4. A number of PMIs across the globe have also rebounded over the 50 level mark which indicates positive activity. view article
Did the market misjudge Remgro’s part in Caxton offer? – Moneyweb
Is Remgro making a bid for Caxton? This seemed to have been the market’s initial thoughts on Friday after a consortium, led by entities controlled by RMB and Remgro, announced that it signed a binding transaction implementation agreement to acquire the entire share capital of ElementOne for R2.3bn. Abdul Davids shares his thoughts on this. view […]
Manufacturing production expected to recover in Q4, Nov PMI rises to 52.4 – Engineering News
Manufacturing production would likely, in the final quarter of 2013, recover from the sharp decline recorded in the third quarter as a result of prolonged strikes in the automotive sector, Kagiso Asset Management head of research Abdul Davids said on Monday. view article
Shariah investing: a growing market – Risk SA
Long before responsible investing became trendy, Shari’ah-compliant investment products, catering for a niche Muslim market, had entered the scene. Although the prime target group for this type of investing is the Muslim community (about two per cent of the South African population), Shari’ah investing is seeing increased interest from investors who are keen on responsible investing. Previously, […]
Africa buoys SABMiller, hit by weak rand – Business Day
Africa has once again provided a fillip to SABMiller’s results, which showed solid growth thanks to emerging-market operations – although the weaker rand eroded SA’s contribution. view article
Nampak buys can operation in Nigeria – Business Day
Nampak has bought Alucan Packaging, a beverage-can operation in Nigeria, funding the deal through existing cash resources and debt facilities. Africa’s largest packaging group also said yesterday it had been granted an option to acquire a leading rigid plastics company in West Africa’s largest economy. view article
Hospital groups’ offshore bet ramps up – Moneyweb
If there is one thing South Africans can do well, it’s run private hospitals, and this country’s big three hospital groups are determined to prove that exporting this skill will pay off.view article
Biegsessie oor mikrolener sondes – Sake Rapport
Ellerines was die swak plek, erken Leon Kirkinis, uitvoerende hoof van African Bank (Abil). Abil het hom in 2008 gekoop en daar was altyd ongelukkigheid daaroor onder beleggers. Vroer vanjaar het Abil uiteindelik aangekondig hy is nou ernstig daaroor om Ellerines to verkoop. view article
The case for passive and active investment management – Business Report
In this feature on the case for passive and active investing, Gavin Wood gives his view on whether the case for active management is stronger for some asset classes or markets than for others. view article
What value does your fund manager add? – Moneyweb
The debate around fees in the unit trust industry is an important one. It is right that investors should be aware of how much they are paying and asking questions about what they are getting in return. But they also need to be asking the right kinds of questions. view article