27 November 2020 It is expected to come into effect in April 2021 and the transaction will be settled in cash. Lulama Qongqo, an investment analyst at Mergence Investment Managers, said the purchase would be a good addition to the Mr Price portfolio as they are complementary to each other.Qongqo said it would provide exposure […]
23 November 2020 The acceleration in the revenue growth rate is a very positive development,” says Peter Takaendesa, head of equities at Mergence Investment Managers. “Of course, SA investors still want to see revenues translating into profit at the e-commerce level – but as long as revenue growth continues to be driven by strong user […]
19 November 2020 Major, a veteran mining engineer and respected mining sector analyst, says that governments in Africa have time and again implemented onerous laws or changed the rules and chased away investors. “South Africa is the poster child of onerous regulations chasing away good mining investment opportunities,” says Major..
19 November 2020 The Green Outcomes Fund is the result of a World Bank Climate Technology Program pilot initiated in 2016, with the Bertha Centre for Social Innovation and Entrepreneurship, GreenCape and WWF-SA as the main design partners. The local catalytic finance partners of the Green Outcomes Fund are: Business Partners Ltd., Conservation International Ventures, […]
17 November 2020 Mergence Investment Managers’ analyst Lulama Qongqo said the group’s results tracked the performance of the country’s major retailers. “The sales growth numbers are tracking behind expectations due to their inability to trade liquor as per normal years where there were no government restrictions. However, this is temporary. The surprise here is that […]