BizNews BizNews Radio

SA's in form fund manager talks MTN, Competition Commission and Exxaro - Piet Viljoen

Loading player...
One of South Africa's in form fund managers and Thursday's BizNews Power Hour regular co-host, Piet Viljoen is the man to talk too in the midst of reporting season on the JSE. MTN's results, which is one of the largest holdings in the Counterpoint Value Fund, was well received by the market with the share hovering around the R120 level almost 4% up on the day. Another talking point was Cashbuild's proposed acquisition of Pepkor-owned The Building Company falling through as the Competition Commission blocked the transaction on anti competitive grounds. Lastly, with South Africa's premier coal producer Exxaro having released it's bumper results earlier this morning, Piet explains the reasons for the stark contrast in valuation between ESG-related renewable energy businesses vs its non-renewable peers, despite the ESG theme being somewhat overdone. Learn more about your ad choices. Visit megaphone.fm/adchoices
12 Aug 2021 11AM English South Africa Investing · Business News

Other recent episodes

Magnus Heystek: Why SA’s middle class is quietly being crushed

South Africans are being told everything is fine. Magnus Heystek says it’s a dangerous illusion. In a wide-ranging conversation with Alec Hogg, the veteran investment strategist warns that falling GDP per capita, rising taxes, weak property returns and flawed retirement structures are steadily hollowing out the middle class. From Regulation…
9 Jan 6AM 41 min

South Africa’s business titans are gone – and David Shapiro explains why

From Brian Joffe to Raymond Ackerman, South Africa once produced business giants who shaped the economy. David Shapiro argues they have been replaced by spreadsheet managers, over-regulation and compliance paralysis, and explains what that loss means for growth, risk-taking and the country’s future.
8 Jan 6AM 54 min
All episodes