Has the world mastered the art of steering economies through difficult times?
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 […]
Hospital group Netcare looking healthy
29 July 2021 Mergence Investment Managers thinks Netcare (NTC) is a cheap, quality business that may not need a return to FY19 (pre-Covid) profitability to deliver good investment returns.Mergence’s scenario analysis indicates risk is skewed to the upside and that downside appears limited.Indications that NTC is a quality company include a detailed bottom-up analysis of […]
Mergence Lesotho launches two unit trusts
28 July 2021 Mergence Lesotho launches two unit trusts.
Prosus faces investor criticism over $144 million fee for Naspers share swap
27 July 2021 I wouldn’t want to see such huge amounts of money being paid,” said Peter Takaendesa, head of equities at Mergence Investment Managers in South Africa.
Will CEO still get to unbundle Telkom?
25 July 2021 Including staff at BCX, which Telkom bought in 2016, the group’s total … Peter Takaendesa, head of equities at Mergence Investment Managers, said.
Telkom shares sink after announcing CEO will step down next year
23 July 2021 Peter Takaendesa, head of equities at Mergence Investment Managers, said Maseko’s departure raised some questions..
Bridging the Gap: A PPP victory | FM Infrastructure Report – Water Feature
08 July 2021 Mergence, an institutional fund manager specialising in infrastructure and development, including impact investing, is the only fund manager in SA to be invested in the only two water concessions run by PPPs. Siame says partnerships have been formed between the local municipality and the concessionaire, which is responsible for the operation, repairs […]
E-commerce performance gives Prosus more bang for its bucks
22 June 2021 In a small but important step to break the shackles of being regarded as a proxy for Tencent, Prosus delivered a third straight annual profit from its classifieds unit, which helped narrow losses in the broader e-commerce platforms.
Naspers vows to press ahead with share swap, saying minority shareholder concerns are being addressed
14 June 2021 Peter Takaendesa, head of equities at Mergence Investment Managers adds that while some of their concerns have been addressed, there are some corporate governance aspects of the proposed transaction that remain unresolved. We still do not have visibility on how some of the governance matters will be addressed. We will continue to […]
Prosus aims to become a big player in global e-learning market
13 June 2021 Technology investor Prosus is hoping to become one of the largest global players in online education, demand for which has been driven by the Covid-19 pandemic, underlining its intent with a recent R24bn acquisition — its largest to date since inception almost two years ago.
Mergence Multi-Asset View – Fixed Income
11 June 2021 Mergence Multi-Asset View – Fixed Income
Datatec buys out German 5G specialist operator Siticom
04 June 2021 As 5G, the fifth generation of mobile technology, has begun to take off worldwide, technology firms are increasingly looking to have their own infrastructure in place to help client systems and data centres communicate as quickly as possible, driven by the growth in cloud computing..
