| Shoppers have been quick to return to Liberty Two Degrees' shopping centres around the country, particularly Sandton City in Johannesburg's northern suburbs. In fact, the mall had more foot traffic in March than in the same month in the preceding five years. Tenants in its shopping centres have also reported a recovery in turnover while rent collections have improved as well. An operational update from the property group sent its shares close to 10% higher at their best on Friday after it provided evidence that physical retail still has a future. However, mall owners like Liberty Two Degrees have been adapting the entire shopping experience to draw more visitors to their centres. More on that to follow, along with updates from housing developer Calgro M3, quarterly results from fintech group Net1, and results from tin mining company Alphamin Resources. Most investors will be familiar with the term FAANG as an acronym for some of the most exciting tech companies in the world (Facebook, Amazon, Apple, Netflix and Google).The term BEACH is less common and is used to describe travel and leisure industries that will benefit from a return to normality after the pandemic. In Episode 24 of Magic Markets, hosts The Finance Ghost and Mohammed Nalla (Moe-Knows.com) discuss the companies behind the acronyms and what investors should be thinking about when analysing them. Finally, Chris Gilmour looks back at some of the news that drove market action last week in The Week Ahead. He also lists some of the releases to watch out for in the days ahead. I hope you have a good day. Stephen Gunnion Managing Editor, InceConnect
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