17 November 2020
“Mergence Investment Managers’ analyst Lulama Qongqo said the group’s results tracked the performance of the country’s major retailers. “The sales growth numbers are tracking behind expectations due to their inability to trade liquor as per normal years where there were no government restrictions. However, this is temporary. The surprise here is that the liquor impact was material way beyond expectation,” Qongqo said..”
16 November 2020
“Peter Takaendesa, analyst at Mergence Investment Manager says Vodacom’s growth in users in SA, buoyed by an uptick in demand for connectivity across the telecoms sector, is “encouraging” but will slow slightly as the growth rate normalises.”
16 November 2020
“Banks are using their apps and digital platforms to win customers over in the fast pased world..”
15 November 2020
“The much-anticipated unbundling of Telkom is imminent, with CEO Sipho Maseko saying this week that the group’s first step in the process – the introduction of a third party investor for its mast and towers division – would be completed by the end of March next year.”
13 November 2020
Robbie Gonsalves and Sholto Piek, from Mergence Corporate Solutions, takes a look at the impact of COVID-19 on company valuations.
12 November 2020
“MultiChoice reported a 41% rise in earnings for the half-year to September, benefiting from higher entertainment demand during the Covid-19 lockdown as it was hit by reduced advertising revenue..”
09 November 2020
“Mkhize said consumers should read the fine print. Lulama Qongqo, Mergence Investment Managers’ investment analyst, said consumers should look for the best possible deal that was based on their needs, or not buy a new device if they did not need one, because income prospects over the next few years were uncertain.”
08 November 2020
“The share of SA’s largest automotive group Motus rocketed almost a third on Friday after it said it expects to hold on to most of its profits even as a surge in Covid-19 threatens more economic pain and reduced travel.”
04 November 2020
“Capitec has started dipping its toes into the home loans market by launching the Capitec home loans offering…”
03 November 2020
“Brad Preston, Joint MD of Mergence Investment Managers, unpacks some research the listed investments team has done, drawing on data from its 10-year track record of infrastructure investing by the manager’s unlisted investments team.”
02 November 2020
Peter Takaendesa, the head of equities at Mergence Investment Managers, said the wider discounts at which Naspers (more than 50 percent) and Prosus were trading compared with the market value of their underlying investments and high valuations of assets in markets they had been looking for acquisitions made share buybacks more attractive than pursuing acquisitive growth.
30 October 2020
“Peter Takaendesa, head of equities at Mergence Investment Managers in Cape Town, said there was focus on Canal + to become and influential minority shareholder…”
29 October 2020
“Standard Bank’s biggest criticism in recent years is its net-promoter has been low, so it is probably trying to be more customer-centric,” Nolwandle Mthombeni, an analyst at Mergence Investment Managers, said.
20 October 2020
Retail Engage has been announced as a finalist in the 2020 DMA Assegai Awards in two categories – Integrated Direct Marketing Campaigns and CRM Programmes.