FAIR EXCHANGE, NO ROBBERY
By Stuart Theobald
That staple of the investment industry - the unit trust - is facing yet another challenger for a piece of the investment pie. The Financial Services Board (FSB) will soon approve eight new exchange-traded funds (ETFs), adding to the 10...
IT'S DOWN TO CASH
By Brendan Ryan
Pallinghurst, the international investment vehicle created by former BHP Billiton CEO Brian Gilbertson and his partner Arne Frandsen, will be listed on the JSE within a year. Frandsen - formerly CEO of Incwala Resources - tells th...
CLOSING IN ON R100BN
By Stephen Cranston
Metropolitan should achieve R100bn in assets under management by March 2008, says finance director Preston Speckmann. The date is significant: it's when CEO Peter Doyle will step down. Since it listed in 1985, Metropolitan has not...
CASH GIVES CONFIDENCE
By Ian Fife
It looks as if the British commercial property market is about to follow the slide of its residential market. With SA property likely to continue giving double-digit returns over the next five years, should you bother to look offshor...
NEW CLASS OF UNLISTED SHARES
By Sibonelo Radebe
As a late black economic bloomer, Sasol has been able to learn from the past. The petrochemical giant's proposed BEE deal comes with a strong dose of innovation in structure and funding. It seems to have avoided the poisonous factors that have cons...
SPITZ SPATS AND DEBTS
By Rob Rose
FirstRand's glitzy results presentation this week was notable for its determined silence on a simmering dispute with former consultant Barry Spitz. Spitz, a tax expert who has consulted to the SA Revenue Service and US tax agencie...
INVESTMENT OF THE WEEK
By Stephen Cranston
Who it's for: Investors who want to invest in a focused portfolio of 100 global shares with, as they put it, "no padding and no filling". Who runs it: London-based Skandia Investment Management (part of the Old Mutual gro...
BORROW AND BE SORRY
By Jacqui Wilmot
A shift in tax practice looms as a result of a judgment last week by the supreme court of appeal (SCA) in Bloemfontein. After decades of interest-free loans being regarded as nontaxable, a full bench has ruled that such loans cons...
DYNAMITE IN A SMALL PACKAGE
By Andrew McNulty
Good year-end results, a flurry of activity aimed at expansion and a significant black economic empowerment (BEE) deal: these factors offer some explanation for the recent strength in banking and financial services group Sasfin's sha...
DIAMONDS & DOGS
By Jamie Carr
Diamond - 1Time It is difficult to decide whether to honour the stout veterans or the cheeky upstarts. Comair's record of 61 years of consecutive operating profits is an extraordinary achievement in an industry where most operator...
BANKING
By Rob Rose
FIRSTRAND Ord price R22,25...
LIFE ASSURANCE
By Stephen Crasnton
METROPOLITAN Ord price R14,31...
BANKING AND FINANCIAL SERVICES
By Andrew McNulty
SASFIN Ord price R55<...
JOHNCOM
In last week's story on Johncom ("Short on clarity", September 14) the FM wrote that Johncom expects share-based payments to employees to shave R115m off profits next year and R190m in the long term. That is incorrect. Johncom has...
