News flash Steinhoff

News Flash – Steinhoff, MultiChoice, Naspers

This News Flash casts a spotlight on  private sector practices in South Africa –  from MultiChoice, to Naspers, to SAP, to Steinhoff –  we are well aware of the prevalence of corruption in our state institutions, but our private sector has been allowed to point fingers for some time. It is positive that mismanagement and corruption is being revealed and practices questioned across the board. 

News flash Nasdaq Blowout

News Flash – Powell, the ALSI and Tech

Last week Friday, 27 October 2017, American tech had an incredible day with the Nasdaq Top 100 companies adding $200 billion in market cap. Amazon, Microsoft, and Alphabet Inc. were some of the big performers. The South African ALSI had strong returns, but it may not be as healthy as it seems.