Ann Crotty

Creator

Ann Crotty

Winner of just about every financial journalism prize going, Ann has kept the business sector on its toes for years. Uncompromisingly independent, if there’s a shady executive pay plan out there or shenanigans a company is trying to keep hidden, Ann will find it.

Phil Roux to the rescue?

Spar Guild insiders link the former Nampak CEO to a role at the retailer

Closed doors as Premier shuts out shareholders

The food group may find itself in hot water over its AGM

Under-pressure Libstar buckles

The pressure on food companies like Libstar is unrelenting

How to shrink your AGM: just ask Mr Price  

A short and snappy meeting couldn’t disguise a rising tide of protest from its shareholders

What the Saltzmans’ withdrawal means for Dis-Chem

The founding family are gone, but still influential

Do we really have to buy a share in every listed company?

AGMs may be unexciting but often the interplay between shareholders and executives is revealing at these events, which are less choreographed than results presentations.

Mystery around Spar chair’s exit  

The retailer's shareholders deserve more than just murky platitudes

Pick n Pay: Durban's Musgrave Centre

Pick n Pay: staunching the customer exodus

Chairman James Formby says there’s a strong sense of urgency to the retailer’s turnaround, even as breakeven is further away than hoped

Wage gap CEO pay. Rawpixel/Currency

High to low: how big is Prosus’s wage gap really? 

The CEO-to-worker gap looks fairly modest, until you factor in the exclusion of Prosus’s all-important delivery drivers

AGM. Image by Currency News

Capitec’s chair shoots down questions in another aggressive AGM

The catering outshone the governance at Capitec’s AGM, unlike Ninety One’s more informative shareholder meeting

Spar storefront. spar.co.za

Do shareholders still back Spar?

Spar says it has a turnaround plan in place. But after years of strategic missteps, retailers and analysts aren’t yet convinced

On-demand delivery. Pexels/Markus Winkler; Rawpixel; Currency collage

Decoding retailers’ silence over on-demand drivers

While retailers are keen to tout the success of on-demand delivery services, they’re reticent on details of driver legality and employment precarity

Spar cash register till. Rawpixel/Currency

Spar: our bankers are still behind us

With its shares at a 15-year low, Spar denies market rumours that it’s facing an existential cash crunch

Sekunjalo Independent Online. Rawpixel/Currency

Inside Sekunjalo’s latest media pivot

Sekunjalo, now without PIC money, is shedding its old media assets as it seeks to become South Africa’s New York Times

Bodyguards Shameel Joosub. Vodacom.com; Rawpixel; Currency

The moral hazard inside Joosub’s R7.3m security bill

Executive security has become a costly corporate norm, despite the rarity of CEO kidnappings

Vodacom Shameel Joosub remuneration. Rawpixel/Currency

Vodacom CEO’s R137m: 500 years of work for others

Vodacom is the first to disclose its pay gap under new rules – and first to show how to fudge the figures

Spar cash register till. Rawpixel/Currency

Can Spar finally stop tripping over itself?

Spar’s shares have risen on turnaround hopes, but years of operational failures mean the real test is still to come

Virtual AGMs. Rawpixel/Currency collage

Virtual AGMs: dialling down shareholder democracy

The virtual-only AGM had its heyday during Covid. But it’s time for a format that offers less control and more participation

Pony Ma and Fabricio Bloisi. Supplied; Photo by Visual China Group via Getty Images/Visual China Group via Getty Images; Currency collage

Naspers + Prosus: still all up to Tencent (and its AI agent)

An AI victory for Tencent will be a hit for Naspers/Prosus too – far more than what CEO Fabricio Bloisi might deliver

Spar stock dive. Rawpixel/Currency collage

Spar: it just gets worse  

Spar’s loyalty levels with independent retailers may be worse than officially reported, and help explain its latest, surprise drop in profits