BizNews BizNews Radio

Duncan Artus to investors: Stick with it for the long term, if you can!

Loading player...
The movements in stock markets over the last month have been astounding as financial markets react to the despair and hope induced by the coronavirus. There has been a rush for cash with investors pulling an unprecedented amount of  money from the market as Covid-19 spreads. Biznews founder Alec Hogg touched base with Duncan Artus from Allan Gray on what can be expected in the near and longer term. He provides his views on Naspers, British American Tobacco and Sasol, which registered a 46% surge on the Johannesburg Stock today. And although he says he is not allowed to give advice, Artus has been encouraging people to 'stick it for the long term.' - Linda van Tilburg Learn more about your ad choices. Visit megaphone.fm/adchoices
7 Apr 2020 1PM English South Africa Investing · Business News

Other recent episodes

Helen Zille on Joburg, coalitions and the price of power

She said she hadn't exchanged a single word with the ANC about a post-election deal. Helen Zille then told Alec Hogg who she thought was talking to them. The DA's Johannesburg mayoral candidate took on Corné Mulder's claim of a backdoor ANC pact and compared Gayton McKenzie's Patriotic Alliance to…
25 Sep 12PM 34 min

Why Jakkie Cilliers (ISS) guarantees Africa in 2050 will be far more stable than today

At a time when news headlines across Africa highlight political friction, economic distress and security concerns, a guarantee of better times ahead may sound almost provocatively optimistic. Yet Dr Jakkie Cilliers, founder of the Institute for Security Studies and head of its African Futures and Innovation Programme, bases that guarantee…
25 Sep 5AM 35 min

Andy Calitz on Eskom, the job he didn't get, and what came next

He was on the shortlist to run Eskom and lost out to André de Ruyter. Years later, Andy Calitz, who ran South Africa's transmission grid before a career that took him from Shell to Gazprom's control room and the helm of LNG Canada, still thinks about it most weeks. In…
25 Sep 3AM 55 min

Warren Wheatley breaks his silence on his FSCA debarment

Three trades, R301 in total, and a 20-year ban from the financial sector. Warren Wheatley, the chartered accountant who helped put together the Capitec empowerment deal and went on to found Altvest, now Africa Bitcoin Corporation, broke his silence to Alec Hogg days after resigning as CEO. The FSCA says…
23 Sep 12PM 54 min
All episodes