Weekly Report: 25 February 2020

Weekly Report: 25 February 2020

IN THIS WEEK’S BOTTOM LINE CONTRIBUTED BY GIELIE FOURIE| OVERBERG ASSET MANAGEMENT There is a Golden Thread running through (1) Min Tito Mboweni’s 2019 Medium Term Budget Policy Statement. (2) Pres. Ramaphosa’s 2020 State of the Nation Address and (3) Mboweni’s 2020...

Weekly Report: 18 February 2020

Weekly Report: 18 February 2020

IN THIS WEEK’S BOTTOM LINE CONTRIBUTED BY KIRK SWART| OVERBERG ASSET MANAGEMENT AFRICA TECH HUB: Africa is fast becoming a notable player in the global tech space. A factory belonging to the Mara Group situated in Kigali, the capital of Rwanda, successfully launched 2...

Weekly Report: 11 February 2020

Weekly Report: 11 February 2020

IN THIS WEEK’S BOTTOM LINE CONTRIBUTED BY GIELIE FOURIE | OVERBERG ASSET MANAGEMENT Why might a country go into an economic or financial crisis? Perhaps it has mismanaged its economic policies. Commodity prices could have collapsed, or it faced a natural disaster. Or...

Weekly Report: 21 January 2020

Weekly Report: 21 January 2020

IN THIS WEEK’S BOTTOM LINE CONTRIBUTED BY GIELIE FOURIE | OVERBERG ASSET MANAGEMENT A BLACK SWAN EVENT: A Black Swan event hit SA on 9 December 2019. Eskom introduced stage 6 load shedding for the first time in history. It was a Black Swan event, meaning nobody, not...

Weekly Report: 11 December 2019

Weekly Report: 11 December 2019

IN THIS WEEK’S BOTTOM LINE CONTRIBUTED BY GIELIE FOURIE | OVERBERG ASSET MANAGEMENT It is wonderful to find a company on the JSE that is immune to bad news, whether it be political instability and corruption, economic downturns or social unrest. A company that won’t...

Weekly Report: 3 December 2019

Weekly Report: 3 December 2019

IN THIS WEEK’S BOTTOM LINE CONTRIBUTED BY KIRK SWART | OVERBERG ASSET MANAGEMENT Previous bottom lines pointed to the fact that South Africa needs structural reforms, not more initiatives. The enormous public sector wage bill and wasteful expenditure at...

Weekly Report: 27 November 2019

Weekly Report: 27 November 2019

IN THIS WEEK’S BOTTOM LINE CONTRIBUTED BY GIELIE FOURIE | OVERBERG ASSET MANAGEMENT REITs (Real Estate Investment Trusts) build wealth. While the JSE has probably recorded its worst five-year period in history, REITs saved the day. REITs are one of the safest...

The rampant bull the medical industry cannot capture

The rampant bull the medical industry cannot capture

One of the major rallying calls for the implementation of the National Health Insurance (NHI) is the fact that medical care in South Africa is excessively expensive. The cost of medical care is mainly driven by the fact that there are no tariffs when it comes to...

Weekly Report: 19 November 2019

Weekly Report: 19 November 2019

IN THIS WEEK’S BOTTOM LINE CONTRIBUTED BY NICK DOWNING | OVERBERG ASSET MANAGEMENT South African confidence is riding the crest of a wave. Not only have the Springboks brought home the Webb Ellis trophy to the delight of nearly all South Africans, the government’s...

Weekly Report: 12 November 2019

Weekly Report: 12 November 2019

IN THIS WEEK’S BOTTOM LINE CONTRIBUTED BY GIELIE FOURIE | OVERBERG ASSET MANAGEMENT After the tough Mini Budget by Min Tito Mboweni, followed by Moody’s downgrade of our economic outlook from stable to negative, we needed good news. After the Springboks’ victory in...