SurenNaidoo
@SurenNaidoo
Deputy Editor @Moneyweb. Published in Business Day, TimesLive, IOL (the heydays), Media24 & @FT. Former biz editor of @TheMercurySA. 🇿🇦 * Tweets are my own
JSE-listed hotels giant Southern Sun confirmed exclusively to @Moneyweb on Thursday that it will take up a large section of the “South Tower” of the #OceansUmhlanga development. moneyweb.co.za/news/companies…
[OPINION] While others embrace digital currencies, the US pulls back. #Moneyweb #DigitalFinance ow.ly/9o5H50WuuhU
REITs continue to take advantage of their gullible shareholders. Hyprop raised R800mn for a tilt at a windmill. When will shareholders say "no mas"? #uninvestable
Hyprop bid terminated! So that's it? They sit on R808 million in equity that they raised because they couldn't get access to a specific doc during an offer with a one week offer period? That's whole situation has been pretty odd. Interested to see what happens next!
[POLL] @SimonPB is chatting with @keithmclachlan on small- and mid-cap stocks. With the all-share at records, are we seeing strong gains in this space? How are your mid- and small-cap stocks doing? Livestream the #podcast: bit.ly/3fj3DO5
Media Statement: 24 July 2025 ACSA TO TAKE ACTION FOR SECURITY BREACH AT O.R. TAMBO INTERNATIONAL AIRPORT
Interesting, no wonder the JSE and other exchanges are considering 24/7 trading 😬 Luno launches tokenised US stocks #MoneywebNews moneyweb.co.za/moneyweb-crypt… via @Moneyweb
'To the Capitec team, it was a tremendous 25 years working with you.' #Moneyweb #Banking ow.ly/3QgR50Wv4rZ
[ICYMI] SA's own Doge? Govt gears up to axe wasteful spend. National Treasury’s new ‘Tars’ tool will target low-impact programmes to free up budget for real priorities. #Moneyweb #BudgetCuts ow.ly/jAm250Wuvm5
The Gupta mansions in Saxonwold are up for auction. #Moneyweb ow.ly/BFv250WuvoU
June inflation signals Sarb policy error #MoneywebNews - By @SimonPB moneyweb.co.za/moneyweb-podca… via @Moneyweb
Nhlanhla Mkhwanazi's address to the nation certainly shook something up. Life in the Republic has not been the same and it is certainly not business as usual.
Lavish homes left by fleeing Guptas up for sale in South Africa #MoneywebNews moneyweb.co.za/news/south-afr… via @Moneyweb @BloombergAfrica @PrineshaNaidoo
Reintroduction of Road Accident Benefit Scheme Bill ‘ill-advised’ #MoneywebNews - By @AntoinetteSlab moneyweb.co.za/news/south-afr… via @Moneyweb
Dear SA media. Do you see how this works? Lawmakers are now contesting and rejecting the bill that got you excited. We are a long way from "US to impose sanctions on SA." You need a bipartisan vote, and all sides must now work on that. The contest is on. Stop your misinformation.
At c.R50/share, Bidvest's stake in Adcock was only c.6% of its market cap. At R75/share, Adcock is now c.8~9% of its market cap, thus this armslength bid arguably adds c.2~3% to Bidvest's sum-of-the-parts fair value.
Well our all share index above 100k for the first time. Quite an occasion! Rand return for 12m around 27% and usd return over 30%, outperforming the main usa markets strongly. Usa markets return between 13% and 16%. This does not happen often so we must enjoy. Can continue?
Bond traders step up 2026 Fed cut bets #MoneywebNews moneyweb.co.za/news-fast-news… via @Moneyweb
JSE All-Share has increased from 10,000 to 100,000 in 21 years. That’s a Compound Annual Growth Rate of 11.6%, excluding dividends. Not too shabby considering the JSE was essentially flat for 6 long years from 2014 to 2020.