13 August 2021 These are disappointments, but are not material in the bigger picture,” says Peter Takaendesa, head of equity at Mergence Investment `Managers. “They are doing the right thing by exiting the Middle East — though arguably MTN hung on in countries like Iran for too long. Investors will be more comfortable if they […]
11 August 2021 Boutique asset manager Mergence Investment Managers, who manages R35bn in assets, has promoted Yoza Jekwa to CEO, among several changes to its executive team.The appointment of Jekwa, who has been a joint-MD since November 2019, is part of a number of changes to its executive leadership team.She has 17 years of experience […]
05 August 2021 Takaendesa comments: “Today [Wednesday] was a difficult day for domestic stocks as most of them closed in the negative, while Telkom shares still managed to hang on to a small gain. We expected that Serame would be in a strong position to take over if the board decided to appoint internally..
04 August 2021 Change has always been part of life. However, some changes are so dramatic and significant they alter the course of life and history for ever. The global financial crisis (GFC) of 2008/09 put the global financial system at risk, triggering a great recession and raising the risk and fear of deflation by […]