Investment in online platform pays off for Curro – The Sunday Times

Private school group Curro is limiting its exposure to early education and holding off on acquisitions while investing in its online offering as a way of boosting high school enrolment. More than 2,800 pupils have signed up on its online platform, which allows them to take extra subjects not offered by their schools. The extra […]

A new identity for Kagiso Asset Management – FA News

Twenty-year-old Kagiso Asset Management is now Camissa Asset Management. The company changed its name following corporate restructuring, which saw staff acquire shares in the business. Article by Londiwe Buthelezi with comment from Roland Greaver (CEO) and Gavin Wood (CIO) from Camissa Asset Management.

Kagiso Tiso sells controlling stake in Kagiso Asset Management – CityWire

Following the move, the firm will rebrand to Camissa Asset Management. Kagiso Asset Management’s controlling shareholder, Kagiso Tiso Holdings, has announced the sale of its 50.1% stake in the fund manager. The deal will see the shares sold to management, staff and Sinayo Capital for an undisclosed sum. Article by Justin Brown with commentary by […]

Discovery seeks growth tonic in Asia – The Sunday Times

Amplify Health joint venture with AIA Group forecasts a market of 2.6-billion people spending the equivalent of R60-trillion on health care by 2030. Discovery CEO Adrian Gore says the financial services group has ambitious growth plans for its new venture in Asia, and sees the company making acquisitions to bolster its services. Article by Thabiso […]

Spar last to enter delivery race – The Sunday Times

Rivals have a head start in booming business fuelled by pandemic. Competition in the grocery delivery market is intensifying, with Spar, the last listed grocery retailer to offer the service, announcing this week that is it rolling out its e-commerce platform in the northern suburbs of Johannesburg from March. Article by Thabiso Mochiko with insights […]

Demand for second-hand cars lifts Motus’ profit – Business Live

Motus, which runs one of SA’s biggest car dealerships, said on Tuesday it expects its first-half profit to jump by as much as 55%, boosted by disproportionate demand for pre-owned vehicle as worldwide chip shortages dog the production of new vehicles. Written by Andries Mahlangu with insights from Abdul Davids – Head of Research for […]

Raging Bull Awards: all the nominated funds – Argus

The annual Raging Bull Awards will be broadcast by video stream on Tuesday, February 1 and 7pm. The awards recognise the best actively managed unit trust funds on straight performance over three years and on risk-adjusted performance over five years to the end of 2021. There are also awards for the top South African and […]

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