Catch up on the stories South Africa couldn’t stop reading this week, plus trending podcasts and more.
| | | | | | | Week's top stories | | Standard Bank must pay back the money | | Ciaran Ryan | | It paid out more than R2.1m from a deceased estate to a fake executor and tried to argue that it followed proper due diligence. The court didn’t buy it. |
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| | | | | | | | | | Podcast brought to you by STANLIB | | Simon’s weekly wrap: How the Estée Lauder stock lost its glow | | Simon Brown | | This week MoneywebNOW looked at Warren Buffett's legacy at the helm of Berkshire Hathaway, with Peter Armitage reflecting on his prolific investment style, the investment case of beauty company, Estée Lauder and Sylvania Platinum Q2 performance. |
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| | Moneyweb@Midday | | Jeremy’s weekly wrap: SA's real opportunities in bonds and equities | | Jeremy Maggs | | This week on Moneyweb@Midday, we tackled South Africa’s tough economic realities, with Dion Shango asserting his belief that AI could generate 5% to Africa's GDP by 2035. Dr Katlego Mothudi also slammed the signing of the NHI Act as 'irrational'. |
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| | | | | | | | | | Top voted comment | | TRENDING » SUBSCRIBE » | Sensei: “The ANC's redistributive laws turned municipalities into a "bring and braai" where everybody braais but nobody brings. It glorifies the gatecrashing of taxpayers' rights and allows hooligans and parasites to plunder property owners. Redistributive ideals, which plunder property to support consumption, turned the municipality into a catalytic converter that uses soc... [Read full comment] ”
197 votes On story: Have municipalities crossed the peak of the Laffer curve? |
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| | | | Current Value | 7 Day | 1 Month | 3 Months | 6 Months | | JSE ALSI | 91,736.11 09 May, 13:43 | -0.46 % | 10.19 % | 3.90 % | 6.77 % | | Industrial 25 | 129,943.23 09 May, 13:45 | 0.70 % | 11.50 % | 6.07 % | 11.92 % | | Financial 15 | 20,567.49 09 May, 13:45 | -2.08 % | 11.79 % | -0.88 % | -3.77 % | | Resource 10 | 70,379.58 09 May, 13:45 | -0.87 % | 5.85 % | 10.19 % | 20.07 % | | Top 40 | 84,296.19 09 May, 13:45 | -0.61 % | 10.27 % | 4.81 % | 8.44 % |
| Current Value | 7 Day | 1 Month | 3 Months | 6 Months | | USDZAR | R 18.21 09 May, 13:57 | 0.00 % | 0.00 % | 0.00 % | 0.00 % | | GBPZAR | R 24.17 09 May, 13:57 | -3.08 % | -3.02 % | 5.57 % | 6.12 % | | EURZAR | R 20.48 09 May, 13:55 | -3.30 % | -3.67 % | 7.53 % | 8.44 % | | AUDZAR | R 11.66 09 May, 13:55 | -1.64 % | -2.11 % | 0.83 % | 0.53 % |
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