Vodacom sees explosion in data usage during lockdown
16 November 2020 Peter Takaendesa, analyst at Mergence Investment Manager says Vodacom’s growth in users in SA, buoyed by an uptick in demand for connectivity across the telecoms sector, is “encouraging” but will slow slightly as the growth rate normalises.
It’s digital banking gone crazy as banks join e-commerce – but why?
16 November 2020 Banks are using their apps and digital platforms to win customers over in the fast paced world..
Telkom set to divide and conquer
15 November 2020 The much-anticipated unbundling of Telkom is imminent, with CEO Sipho Maseko saying this week that the group’s first step in the process – the introduction of a third party investor for its mast and towers division – would be completed by the end of March next year.
MultiChoice grows subscribers while managing lower ad revenue
12 November 2020 MultiChoice reported a 41% rise in earnings for the half-year to September, benefiting from higher entertainment demand during the Covid-19 lockdown as it was hit by reduced advertising revenue..
Vet those enticing Black Friday deals, says Cell C
09 November 2020 Mkhize said consumers should read the fine print. Lulama Qongqo, Mergence Investment Managers’ investment analyst, said consumers should look for the best possible deal that was based on their needs, or not buy a new device if they did not need one, because income prospects over the next few years were uncertain..
Motus surges after upbeat profit forecast
08 November 2020 The share of SA’s largest automotive group Motus rocketed almost a third on Friday after it said it expects to hold on to most of its profits even as a surge in Covid-19 threatens more economic pain and reduced travel.
INTERVIEW | We needed home loans to switch more customers to Capitec
04 November 2020 Capitec has started dipping its toes into the home loans market by launching the Capitec home loans offering..
Incorporating infrastructure into multi-class portfolios
03 November 2020 Brad Preston, Joint MD of Mergence Investment Managers, unpacks some research the listed investments team has done, drawing on data from its 10-year track record of infrastructure investing by the manager’s unlisted investments team.
Prosus hopes to close discount to NAV with $5bn share buyback
02 November 2020 Peter Takaendesa, the head of equities at Mergence Investment Managers, said the wider discounts at which Naspers (more than 50 percent) and Prosus were trading compared with the market value of their underlying investments and high valuations of assets in markets they had been looking for acquisitions made share buybacks more attractive […]
Canal doubles its Multichoice stake
30 October 2020 Peter Takaendesa, head of equities at Mergence Investment Managers in Cape Town, said there was focus on Canal + to become and influential minority shareholder…
Standard Bank goes ‘customer-centric’ in executive revamp
29 October 2020 Standard Bank’s biggest criticism in recent years is its net-promoter has been low, so it is probably trying to be more customer-centric,” Nolwandle Mthombeni, an analyst at Mergence Investment Managers, said.
Mboweni tries to stabilise debt as JSE crashes
29 October 2020 Equity markets and the rand had moved stronger over the past few weeks, but it looks like the realisation that both the domestic and the external environments remain quite challenging have resulted in most of the gains being given back today, said Peter Takaendesa, head of equities at Mergence Investment Managers, Cape […]
