Browsing: PSG

The story of the JSE so far this year has mostly been the story of Naspers. The media giant’s share price has gained over 75% in 2017 and accounts for the majority of the index gains year to date. It follows that unit trust funds

At the rate foreign investors are deserting South African stocks, the country’s main index should be in decline. It’s not, thanks largely to two shares that draw their strength from Hong Kong and Zurich. The JSE’s benchmark is up 0.6%

The South African retail banking sector is characterised by high barriers to entry. The sector is concentrated, with four of the largest banks – Standard Bank, Absa, First National Bank and Nedbank – accounting for more than 80% of retail

Private education group Advtech has nailed its colours to the mast, saying it is business as usual after it rejected a takeover proposal from PSG-controlled rival Curro Holdings. With a more than usual turnout at the Advtech’s annual general meeting

Private education group Curro claims it is still keen to pursue an acquisition of rival Advtech, and has revealed how much it may be prepared to pay for the company. This comes a day after Advtech’s board rejected Curro’s advances after spending a