[TOP STORY] Karooooo results for 2023 Q1 to end May, 2022

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‘I certainly find there is inflation pressure; not so much on our telematics devices because we have reengineered our devices in the last few years to make sure we can get components:’ CEO and founder Zak Calisto.

1 Aug 2022 4AM English South Africa Business News · Business

[TOP STORY] Coface Economic Risk Review: Downgrades sweep across the globe

'South Africa's economy has been resilient to shocks, but the resilience is also part of why it stagnates' – Aroni Chaudhuri, chief Africa economist at Coface

10 Jul 3AM 9 min

China needs an AI boost to attract investors

China is lagging its global peers more than at any point in 25 years. PSG Old Oak’s Schalk Louw explains why. Coface’s Aroni Chaudhuri on the global outlook, the Iran conflict, and what it means for local GDP growth and inflation. Simon asks: Are Meta and xAI selling data centre…

10 Jul 1AM 22 min

[TOP STORY] What’s driving the surge in short selling on the JSE?

‘Spar is the clearest example of where market concerns are actually firmly grounded in observable fundamentals': AG Capital’s Casey Sprake.

9 Jul 2AM 5 min

Sun International: A bargain in plain sight?

Tourism continues to recover, but where's the investment opportunity? Faheema Adia from Momentum unpacks the latest tourism data, the outlook for local leisure stocks, and what Hyprop's accelerated bookbuild means for investors. Short sellers have been increasing their bets against South African retailers. Casey Sprake from AG Capital explains what's…

9 Jul 1AM 20 min

[TOP STORY] Ignoring tech issues costs financial services industry millions every year

‘We found that technology friction is effectively a hidden productivity tax that never really shows up on any dashboard' – Altron Digital Business MD Craig Stewart.

8 Jul 2AM 6 min