Simon Brown recently rebalanced his Momentum stocks and will be holding them.
More civil servants are resigning to cash out their pension savings. Unaware that they are putting their financial future at risk, they may struggle to make ends meet later in retirement.
Homeowners Associations now have the jurisdiction to block the transfer of a property to a new owner, if the current owner has outstanding levies and payments. The decision was granted by the Supreme Court of Appeal.
Low cost airline Mango is set to reduce air fares. The decision comes with the fall in fuel prices and the weakening Rand.
SAA allows an extra kilogram of hand luggage, the airline announced it will start enforcing these regulations soon, which might result in delays at security checkpoints.
Oil prices remain low and the central bank will probably keep rates on hold for longer, which means the average household will have a little more disposable income in 2015, but don’t rely on the retail sector for returns, writes Jaco Visser.
The PPC and Afrisam merger, a Rolfes cautionary, a South African mine facing land claims in Australia, a gold rally and weak local markets all attract the attention of investment specialist Simon Brown this week.
If you missed the big news and markets stories of 2014, fear not. PSG Wealth’s Schalk Louw compiled the A – Z list of investments in 2014.
The recent oil price tumble means Simon Brown sees value in Sasol’s reduced share price. He recommends a buy at R450.
Following the much-publicised Pepkor deal in November 2014, Simon Brown believes a clearer strategic direction might create value in Steinhoff.
There is concern that the announcement of the increase in taxes will hit the production sector the hardest. This will impact economic growth and future investment.