Monday, August 18, 2025

DealMakers

Ghost Stories #71: ETFs are like a box of biscuits – how do you pick a flavour?

Exchange Traded Funds (ETFs) offer diversified exposure through a single investment, just like buying a box of biscuits and getting to enjoy a variety of flavours inside. But if you don't know how to read a fact sheet or assess which ETFs you like, then there's no way of knowing what's in the box. Siyabulela Nomoyi of Satrix joined me to share not just his love of biscuits, but also of researching ETFs.

A lesson in legacy (and courage) from Jo van Gogh

You don’t need to be an art buff to recognise Starry Night, or to know that Vincent van Gogh once famously chopped off part of his ear. More than a century later, van Gogh is a global household name, with his signature style instantly recognisable even to those who’ve never set foot in a gallery. And we have one woman to thank for that. Dominique Olivier tells a story of immense courage and belief through tragedy.

UNLOCK THE STOCK: Orion Minerals

In the 60th edition of Unlock the Stock, Orion Minerals joined us for the first time to talk about the projects that they are in the process of raising money for and developing in South Africa.

Ghost Bites (DRDGOLD | Growthpoint | Master Drilling | MTN Rwanda | Resilient | South32 | Standard Bank)

Resilient and Standard Bank both delivered double-digit growth. DRDGOLD is loving the gold price. Growthpoint sold its stake in NewRiver. MTN Rwanda is flying. Master Drilling gave a wide earnings range. South32's Mozal Aluminium is in serious trouble.

Who’s doing what this week in the South African M&A space?

Weekly summary of Merger & Acquisition activity by South African companies

Weekly corporate finance activity by SA exchange-listed companies

Weekly summary of corporate finance activity by South African exchange listed companies

Who’s doing what in the African M&A and debt financing space?

Weekly summary of all M&A, financial and debt market activity from across Africa (excluding South Africa)

Ghost Bites (Capitec | Grindrod | KAP | Lighthouse | Nedbank | Truworths)

Capitec just doesn't stop growing, but Nedbank is acquiring iKhokha to try get a slice of the action. Truworths has suffered a earnings knock, with SA looking especially weak. KAP is doing worse than expected. Grindrod's core earnings are flat. Lighthouse's dividend is up.

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