The madness of a bookbuild is a great place for retail investors to learn about the mechanics of the stock market
With its shares at a 15-year low, Spar denies market rumours that it’s facing an existential cash crunch
Most investors confuse familiarity with understanding. Your true circle of competence is probably much smaller than you think
Spar’s loyalty levels with independent retailers may be worse than officially reported, and help explain its latest, surprise drop in profits
Prosus is the latest tech firm to suffer a beating as it ramps up investment into its food-delivery business
How to keep a cool head in asset management when the market has succumbed to emotion and bias
The Naspers chair has offloaded R2.5bn of Prosus and Naspers stock to fund Babylonstoren, The Newt and Vignamaggio
This is the Year of the Horse. Team Currency has brushed down the stable door and picked what we hope will be a portfolio of fleet-footed winners
With a rand at R16.50/$, now is the time to take a sniff offshore
Lithium, uranium, rare earths, fast cars and magazines: these companies could either dazzle in 2026, or dismay
Markets are treating AI-driven cyclicals as defensive while ignoring genuinely stable businesses. When capex slows, those assumptions may not hold
A new generation is taking control of its financial future, one fractional share at a time
Sometimes, the best stock market returns come from having the courage to concentrate – not diversify
Alternative investments are a new(ish) asset class for most South Africans – and becoming increasingly prominent in investor portfolios
Consensus investing still fails. Lessons from a legendary investor on patience, fear and quality reveal why most underperform by following the crowd
Shares from Cairo to Casablanca have had a bumper 2025, giving a few patient investors bitcoin-quality returns
The decision throw in the towel on the MTNZF scheme in June means its long-suffering investors have missed a major recovery in the telco’s share price
The mighty US dollar could finally be due a bear market after 14 years of dominance. But does it even matter for the average investor?
Liquidity is what makes a market a market. And without it, share prices are just a column in a spreadsheet
Ninety One’s John Biccard has beaten the market for 25 years by sticking to value investing. His secret? Discipline, patience and buying what others won’t
