Telkom has rejected another consortium bid to acquire a substantial stake – the consortium comprises former CEO Sipho Maseko, the PIC, and Mauritius-based Axian Telecom. The issue is not likely to disappear and shareholders will likely have a chance to hear out the matter at Telkom’s AGM on 24 August. Mergence’s Head: Equities, Peter Takaendesa, is quoted extensively in this article in Business Day, concluding there is still scope for stakeholder interests to be aligned and value unlocked.
Global factor performance and the Mergence Global Quant Equity Portfolio
Factor investing is the practice of investing based on exposure to a range of quantitative factors that have been shown