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Investments

PUNTING THE LEADERSHIP MODEL
By Marina Bidoli
JSE-listed software high-flier Ixchange faces a daunting task. If it is to continue succeeding in the intensely competitive US market, it must forgo earnings in favour of market growth. Not a popular option with local shareholders. But Ixcha...

NO NEED TO GULP; IT'S NOT
CLOSING TIME YET

By Jabulani Sikhakhane
Graham Mackay, CE of London-based and listed beverage group SA Breweries, describes the consolidation of the global beer industry as a marathon and not, as it appears to some analysts, the final stages of a sprint. The recent spate of acquisiti...

SHARES FOR EXPERTISE
By Khuitsemang Diseko
Recent setbacks of some black empowerment groups have cast a cloud over current empowerment models. But a deal between supply-chain management company DNA and predominantly black-owned consultancy Letsema could suggest a fresh approach. D...

HOPE SPRINGS FROM US-AFRICA TRADE BILL
By Elizabeth van Rensburg
The travails of SA's clothing and textile industry have drawn protest from business executives and labour union members since the late Eighties. Tariff protection, trade restrictions and an export incentive scheme that protected the industry...

PILING IT INTO FEWER HEAPS
By Brendan Ryan
Anglo American may be paying over the top for Shell Coal - up to US900m (R6,3bn) - but the group's competitors aren't surprised. It was expected that Anglo would bid handsomely for the mines. Shell Coal's Australian mines produced a total of...

ENTER THE DRAGON
By Brendan Ryan
Billiton has joined the throng of Western businesses eager to grab a slice of China's booming economy through a deal that chairman Brian Gilbertson describes as a first for the Chinese minerals industry. The agreement is for the development ...

JUST ENOUGH TO LIFT THE GLOOM
By Jean Temkin
The JSE Overall had pushed strongly up though its short-term moving average by the end of last week, not by enough to confirm a buy signal, but enough to lift the gloom that has surrounded the market recently. It was the financial group that post...

ELECTRONIC REVOLUTION IMMINENT?
By David Gleason
There's a whiff of revolution in the air. A group representing small broking firms, none of whom is willing to be identified for fear of attracting the wrath of their institution, intends examining urgently the possibility of establi...

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