Talks conclude between Massmart and OneCart

On Wednesday, 6 October 2021, after months of talks, Massmart Holdings Limited announced a successful negotiation between the retail Holdings Company and online grocery shopping platform, OneCart. Massmart, owner of Game and Makro reached an agreement to buy 87.5% of OneCart. The acquisition falls in line with Massmart’s strategy which seeks to bolster its e-commerce […]

Bell Equipment bounces back

Bell Equipment Limited announced and released its unaudited interim results for the period ended 30 June 2021. The percentage change in performance represents a percentage change in performance compared to the 30 June 2020 financial year. For the interim period ended 30 June 2021 the Bell Equipment group has recorded a profit after tax of […]

Strong performance from ARB Holdings

ARB Holdings Limited announced and released its summarised audited consolidated annual financial statements of the company for the year ended 30 June 2021. The percentage change in performance represent a percentage change in performance compared to the 30 June 2020 financial year. To download the annual financial statements click the link: https://drive.google.com/file/d/1MopjFFZ7mBHCveoGg-Vp78MBxaTYfETB/view?usp=sharing Divisional review Electrical […]

2021 Public Economics Winter School – Apply here

Aspirant policy makers and economists will get an opportunity to learn from some of the most brilliant minds on the African continent during the 2021 edition of the Public Economic Winter School hosted by Government Technical Advisory Centre (GTAC), National Treasury and the Department of Planning, Monitoring and Evaluation (DPME) on 17 to 19 August […]

Daily Indicators


Sim Wealth

Company Overview SimWealth was founded with the intent of changing the financial landscape for anyone who is trying to better their financial situation. We stand for making financial planning simple. The accessible and informative solution based nature of the company creates a platform where financial services has no bounds. We are here to create solutions […]


Finance Results


Bell Equipment bounces back

Bell Equipment Limited announced and released its unaudited interim results for the period ended 30 June 2021. The percentage change in performance represents a percentage change in performance compared to the 30 June 2020 financial year. For the interim period ended 30 June 2021 the Bell Equipment group has recorded a profit after tax of […]

The World Bank Group

The World Bank Group revised South Africa’s 2021 GDP growth outlook from 2.6% to 3%. As the world continues to recover from COVID-19, the GDP numbers largely reflect a rebound reaction from a low base. The forecast is conservative compared to the South African Reserve Bank which forecasted a 3.3% expansion and the National Treasury […]


Articles


Can you afford it?

To watch the contents of this article on video, click the link: https://www.youtube.com/watch?v=JAhwW98YEPo&t=136s “Just because you can buy it doesn’t mean you can afford it” is a statement uttered by one of my friends in a conversation I participated in. And yet, when we make financial decisions, they are purely based on whether we can […]

Individualism vs Collectivism

There are many definitions of Individualism and Collectivism. For this article, these are the definitions that I opted to use as they best drive the point across. Individualism is when one has a habit or principle of being independent or self-reliant, whereas Collectivism can be seen as the opposite; one having a habit or principle […]

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