Wednesday, January 28, 2026

Davos 2026 | Navigating the new disorder

The World Economic Forum Annual Meeting in Davos offered fewer illusions, and more realism. The rules-based order is no longer assumed. Geopolitics is now embedded in balance sheets. Scale matters. Delivery matters more. Jeremy Maggs talks to Investec Group Chief Executive Fani Titi on the final episode of Investec's Davos Debrief series.

When bad art becomes good tourism

From Ecce Homo to Ecce Mono, this is the story of how a mildly shocking attempt at art restoration became an internet meme and subsequently a tourism opportunity for the town of Borja. Dominique Olivier tells this tale of the journey from failure to fame.
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Ghost Bites (Accelerate Property Fund | AVI | Lewis)

Lewis has bucked the retail trend and shown its quality. AVI's reputation for margin expansion has been earned once more. Accelerate Property Fund has sold another property at close to NAV.

Ghost Bites (Cashbuild | Pan African Resources | Spear REIT)

Pan African Resources is quite literally printing cash at the moment. At the other end of the spectrum, Cashbuild has painted a worrying picture about our economy. At Spear REIT, the focus on the Western Cape continues to pay dividends - literally.

 

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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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