Financial Inclusion – We Need To Step Up The Pace
Asset managers need to get innovative when it comes to bringing products to market which will aid financial inclusion, says Bulelwa Nyshinwa, Investment Principal at Mergence.
Mergence rates Standard Bank a screaming buy
Mergence analyst Radebe Sipamla comments on the potential rise in the Standard Bank share price over the next two years as the integration of Liberty and a reorganisation of the business unlock new growth opportunities.
MTN unveils public offer of 3% of shares in its Nigerian unit as it reduces debt
MTN – commenting on the sale of shares to its Nigerian subsidiary, Peter Takaendesa, Head of Equities at Mergence Investment Managers, said this is a good long-term move for MTN, not least because it empowers local people.
Metals gave SA stocks an October lift
Cover Story – MTN is back
28 October 2021 After a difficult few years, MTN has come roaring back, more than doubling its market capitalisation in the last year. While its share performance has brought the company back in line with historical valuations, the path ahead to a genuine rerating of the group remains challenging and will require faultless execution from […]
Hospital stocks: the prognosis
07 October 2021 Mergence Investment Managers portfolio manager Izak van Niekerk says the recovery in private hospital stocks, particularly his preferred picks Netcare and Life Healthcare, is based on operations “normalising” by the end of September 2023 — “factoring in a handicap for the slow vaccine rollout”, he says.
Telkom has plans to list its masts and towers business
22 September 2021 Commenting on the separate listing of Gyro, Peter Takaendesa, head of equities at Mergence Investment Managers, said the listing of mobile network tower assets was long overdue in South Africa. It was an asset class that had been missing on the JSE.
Vodacom details its participation in Ethiopia after winning a lucrative telecoms licence
13 September 2021 Peter Takaendesa, a senior portfolio manager at Mergence Investment Managers, said Ethiopia is a hotly contested country, as “every company wants exposure to the market” because it is “the last remaining large market that hasn’t been explored by international companies.
Investors support new index caps on Naspers and Prosus
03 September 2021 Though Peter Takaendesa, head of equities at Mergence Investment Managers, agreed that capping limits risks, he said the considerations may be different for investors that are restricted to local investments. “For investors who are not allowed to invest outside SA, who are running a domestic fund, the Naspers/Prosus portfolio is somewhat unique. […]
Avoiding the cracks: MTN’s delicate dance is paying off
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 […]
Mergence Investment Managers announces changes to its executive leadership
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 […]
Market lauds Telkom as Maseko hands baton to Taukobong
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..
