Monday, February 9, 2026

Ghost Stories #91: Building sonar for navigating private credit

Ian Norden, CEO of Intengo Market, returns to Ghost Stories to talk about the sector of the market that he is passionate about: listed and private credit. In a world of shrinking public issuance and growing demand for yield, will private credit be able to fill the gap? Learn about themes like hedge funds and alternative assets, along with how Intengo Market is building the data systems needed for this evolution of credit.

Satrix helps investors maximise yield with new Actively Managed Income ETF

The newly listed Satrix Income Actively Managed ETF is designed to offer investors a higher yield than traditional money market funds, along with all the benefits that come with ETF structures. Yusuf Wadee explains how to turn lazy cash into enhanced returns.
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Ghost Bites (Gold Fields | Discovery – Growthpoint)

Gold Fields' HEPS more than doubled in 2025 as the gold sector continues to print cash. Discovery and Growthpoint have announced a deal for the Discovery head office - is it possible that they are both winners in the transaction?

Ghost Bites (Anglo American | ArcelorMittal | Boxer | Glencore | Hudaco | KAL | Kumba | Lesaka | MTN | Prosus – Naspers...

Glencore has walked away from Rio Tinto discussions. MTN and Super Group are busy with acquisitions. Anglo American, Kumba Iron Ore and Valterra Platinum gave production updates. Sasol is suffering with weak oil prices. ArcelorMittal is just suffering with everything. Prosus released a shareholder letter. Lesaka Technologies reported its first positive net income. Boxer, Hudaco and KAL also gave important trading updates.

 

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GHOST WRAP – Earnings season brings out the bulls and the bears

With the August / September earnings season behind us, it's helpful to look at share price moves over the past 30 days on the JSE to see how sentiment has shifted. The PGMs have driven the Top40 higher, while insurance has taken a breather.

GHOST WRAP – The JSE Winners’ Club in 2025

At the halfway mark in 2025, we've lived through some huge geopolitical shifts. The world's gaze has shifted beyond just the US market. Many investors choose to stick with what they know in times like these. This means homegrown favourites on the JSE. But which stocks have been the big winners thus far this year, and what do they have in common?
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