Mr. Sean Summers was previously the CEO of Pick ‘n Pay for 11 years after joining the company as a trainee in the 70s.
Nomtha Ngumbela
If you were to do a simple search on Google about the role of businesses in society, the dominating results would tell you (in numerous ways) that businesses function to provide goods and services to meet the demands of domestic and global communities.
The Argent Group describes its operations as a collection of investments within the manufacturing and commodity trading industries, with operations spread across South Africa, the United Kingdom, and the United States of America.
The company is a global active investment manager offering a broad range of strategies to its regionally diverse client base. Since its first institutional mandate in 1994, Ninety-One has grown its assets under management (AUM) to approximately R2.83 trillion, managed by a team of 251 investment professionals.
There are varying definitions for ‘Just Transition’ that one can find when investigating the topic. The United Nations emphasizes that, ‘no-one is left behind or pushed behind’ as the world moves to a more environmentally sustainable economy and society.
During the last quarter, the Absa Group released its interim financial results for the period ending on June 30, 2023. In this update, we found that Absa’s performance was under scrutiny when compared to their four peers.
The Vodacom brand is no stranger in South Africa or Africa as a whole, servicing over 500 million customers and holding a market-leading position in six countries, including Tanzania, Lesotho, Egypt, and South Africa.
Despite a slew of difficulties and multiple changes, the Group has emerged with the intention of restoring earnings and returns profile back to its former glory, and a performance that signals to Umthombo Wealth that this could well be possible.
The South African minimum wage is a hotly debated topic given that many are of the view that the amount does not represent a figure that any South African can be expected to survive off of as it does not provide the adequate social security a wage should.
In February of 2002, the Capitec share price closed at a price of R1.17. A mere twenty years later, the same company ended August of 2022 at a trading price of R2043.55. A tremendous, mostly upward, trajectory for a company which exhibited a growth path few believed was truly possible.