South African stocks plummet after budget speech

28 October 2020 Equity markets and the rand had moved stronger over the past few weeks, but it looks like the realization that both the domestic and external environments remain quite challenging have resulted in most of those gains being given back today,” said Peter Takaendesa, head of equities at Mergence Investment Managers in Cape […]
Alcohol sales ban exposed just how big liquor has become for food retailers

21 October 2020 The restriction of alcohol sales during lockdown has given a glimpse of just how important the alcohol sales has been to Pick and Pay..
GBK bust in UK knocks Famous Brands’ shares in South Africa

15 October 2020 Nolwandle Mthombeni, an investment analyst at Mergence Investment Managers, said the GBK business was already struggling before the Covid-19 outbreak and they should not have bought the business to start with.
Telkom cries foul over Rain, Vodacom spectrum deal

15 October 2020 Mergence Investment Managers head Peter Takaendesa said the outcome of the case could have implications for the MTN-Cell C deal, as well as the proposed new spectrum allocations scheduled for early next year. The outcome of the Telkom challenge on the Vodacom-Rain agreements is likely to depend so much on the technicalities […]
Will online shopping and rental economy boom be a permanent threat to retailers?

09 October 2020 Lulama Qongqo, an investment analyst at Mergence Investment Managers, said ..
Snail-paced rollout of business banking – Capitec has a few tricks up its sleeve..

08 October 2020 Nolwandle Mthombeni, an investment analyst at Mergence Investment Managers, said..
Datatec shares fall on earnings warning..

07 October 2020 Shares in technology group Datatec fell 5% in afternoon trade on Wednesday as the group said the Covid-19 pandemic has had a mixed effect on its various businesses, resulting in a slight fall in group revenue during its six months to end-August..
INTERVIEW | Christo Wiese: ‘Skin in the game’ builds better companies

06 October 2020 The announcement of Christo Wiese stepping down, as the chairman of Shoprite..
MultiChoice shares soar as Canal+ takes 6.5% equity stake

05 October 2020 French broadcasting group Canal+ has built up a 6.5% stake in Africa’s biggest satellite TV group Multichoice, setting off speculation of deeper ties between the two companies and sending shares in Multichoice their highest close in nine months.
Shoprite bids farewell to Christo Wiese

02 October 2020 However, Lulama Qongqo, an investment analyst at Mergence Investment Managers, said the appointment of Lucas-Bull was a tough one to call, given her lack of experience in the retail sector. Lucas-Bull comes with a lot of financial industry and other industrial sector experience, but no experience in the retail sector or directly […]
The Money Show with Bruce Whitfield: Peter Takaendesa discusses three stocks

Listen to Peter Takaendesa, Portfolio Manager at Mergence Investment Managers, talking to Bruce Whitfield about MTN, PPC and Tiger Brands.
Moneyweb: Naspers N shareholders unhappy with remuneration policy

Brad Preston, Mergence CIO, adds to the Naspers shareholders debate.