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Remgro lifted intrinsic net asset value per share by 10.3% for the six months to December 31, and its management says further work will be done to unlock shareholder value.The investment group, chaired by well-known South African businessman Johann Rupert, includes among its major interests, stakes in Mediclinic International, RCL…

By Richard OldfieldTo start with, my cards are on the table: I run an investment business where we charge fees for the decisions we take with clients’ money. So you will not be surprised that I am a fervent believer in the value of active investment management.I also see value…

Research suggests that there may be long-term benefits for Gen Zs who are embracing “waithood” – staying at home for longer.Market trend analysis firm Flux Trends found that young people are delaying – or foregoing – traditional “adulthood” markers such as moving out and marriage. Instead, they are redefining independence,…

Millions of South Africans are at their wits’ end. For many, it’s starting to feel like financial freedom is an unattainable dream reserved only for the wealthy. Just when we thought we were handling the cost-of-living crisis, VAT goes up.What if making small, thoughtful choices today could empower you to…

A technological revolution is sweeping global finance, and it’s shaking up traditional monetary policy. The US is championing stablecoins, China is pressing ahead with its digital yuan, and our BRICS partners - India, Russia, Brazil - are zoning in on the new wave of digital innovation. This shift isn’t merely…

Ulrik Bengtsson has big shoes to fill as he steps into the CEO role at Sun International, succeeding Anthony Leeming effective  July 1, or earlier pending his work permit.Leeming, 55, will retire early on December 31 after 26 years with the hospitality and gambling group, including eight as CEO. Leeming…

Andile MasukuLast week, Nigerian travel content creator Alma Asinobi attempted to break the Guinness World Record for the fastest journey across the world's seven continents. The current record of 64 hours is held by Johnny Cruz Buckingham of the US, set in February 2025.Asinobi's journey began on March 20th from Antarctica, taking her…

The United Nations (UN) Economic Commission for Africa (ECA) has encouraged African governments to capitalise on the prevailing global economic tensions and fragmentation by fully implementing the African Continental Free Trade Area (AfCFTA). The AfCFTA aims to create a single market for goods, services, facilitated by movement of persons in order…

Economists on Monday said they believed that motorists were in for some relief next month buoyed by a stronger rand and lower international oil prices, with a big cut in the petrol price predicted for April.This will bring some reprieve to financially-constrained consumers after the South African Reserve Bank decided to…

Energy experts on Monday welcomed Eskom announcing the addition 800MW to the grid from Kusile Unit 6, saying this marked a crucial step toward dealing with load shedding, which was surprisingly implemented at Stage 2 last week. Experts were also of the view that Kusile Unit 6 meant the completion of…