Author Ciaran Ryan

News

Sanral writes off old e-toll debts

Roads agency Sanral has thrown in the towel over e-toll debts older than three years and written off R3.6bn in the 2017 financial year relating to this debt. However, it will continue in its attempts to recover unpaid e-tolls by pursuing

In-depth

E-tolls mess just got even messier

Last week, the Organisation Undoing Tax Abuse (Outa) barred roads agency Sanral from pleading 55 cases against its members in court on the grounds that it had not followed court procedures and had delayed presenting its cases in court

In-depth

Naspers: the elephant in the index

With SABMiller out of the JSE Top 40, Naspers now accounts for roughly a fifth of the index – a risk for anyone tethering their savings to the index. Naspers trades on a price-earnings multiple of about 100, which is perilously close to

In-depth

Altron’s spectacular fall from grace

At some point, JSE-listed Altron’s bombed out share price is going to look like a bargain. But it’s hard to know when that will be. The Venter-run family business last week announced a loss of R1,1bn for the year to February, drowning the previous