COVER STORY
Cover story 1 - Industrial policy
SA’s industrial development zone (IDZ) programme has been a disappointment. Government is now overhauling and expanding it but scepticism remains, writes Claire Bisseker.
EDITOR'S NOTE
It often seems that SA’s foreign policy is decided not in Pretoria, but in Havana, Harare or Caracas. The country’s interests seem peripheral, even incidental.
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Retailers - Possible battle to meet expectations
As good as it gets
SA retailers as a group have revelled in a decade of remarkable growth, and the high ratings of their shares may suggest there’s more to come. But there are warning signals too.
Retailers
Peermont global bonds
In junk-bond territory
Marc Hasenfuss
Surely only the bravest punter would take a flutter on the offshore listed bonds issued by debt-heavy gaming group Peermont Global.
Alternative Investments - A wild ride
Warrants attention
Stafford Thomas
Investors who turned bullish on the equity market four months ago have reason to smile.
RBA Holdings - On track to deliver more
Recovery play
Joan Muller
Affordable housing developer RBA Holdings is on track to deliver 60% more homes this year than in 2011, a level of building activity last seen four years ago.
Zeder Investments - Another shot at KWV?
Sniffing around
Marc Hasenfuss
A cautionary notice from PSG-controlled agri business specialist Zeder Investments has set tongues wagging on the trading floor, and at farm gates.
Hedge funds - Unscathed
Ready for prime time?
Stephen Cranston
SA’s hedge fund industry has so far escaped the scandals suffered by its counterparts overseas.
Hospitality Property Fund - Under pressure
Choose your pain
Joan Muller
The bad news for shareholders of Hospitality Property Fund just keeps coming.
Nedbank - Looking north
Ambitious plans
Maarten Mittner
Old Mutual’s sale of its Skandia life assurance interests at the end of last year makes it less likely that it will dispose of its majority stake in Nedbank soon.
Altech - Leadership problems?
Cast in a bad light
Larry Claasen
Allied Technology (Altech) CEO Craig Venter is not taking recent media reports that he has an autocratic management style lightly.
Insimbi Refractory & Alloy Supplies
Long-term potential
Charlotte Mathews
Insimbi Refractory & Alloy Supplies, which moved from the JSE’s AltX to the main board last month , is investigating new products and technology that will provide long-term growth.
Ivan Missankov, manager of Prime Equity Fund
Nine questions for...
Stephen Cranston
Stephen Cranston poses nine question for Ivan Missankov, manager of Prime Equity Fund.
Indequity group - Leaping out of obcurity?
Unknown quantity
Marc Hasenfuss
Is the Indequity group’s recent launch of a new line in insurance about to haul it out of obscurity on the JSE?
Dividend stocks - It is the total return that counts
Hard to beat
Stafford Thomas
Even over the past decade, generally a high-growth period for SA equity prices, dividend growth played a big role.
Net asset value - Only one of factors to consider
Beware the bargains
Marc Hasenfuss
NAV could indicate value, but investors should also look at other measures like cash, debt and return on equity.
Bidvest - Strategic means to an end
A bunch of keys
Marc Hasenfuss
Industrial conglomerate Bidvest’s investment arm , BB Investment Co , now holds listed investments worth nearly R3bn, making it a larger entity than a good number of specialist investment vehicles on the JSE.
VIDEO 1:
Retailers
VIDEO 2:
Philips DS9000
VIDEO 3:
Investing offshore
VIDEO 4:
SA’s agricultural industry
VIDEO 5:
Marc Hasenfuss on Oceana
VIDEO 6:
Calgro M3 and new projects
VIDEO 7:
Onelogix
VIDEO 8:
Hot stocks on the JSE
VIDEO 9:
Unison Omicron
VIDEO 10:
Moeletsi Mbeki on Capitalism
VIDEO 11:
Gold mining
VIDEO 12:
Gwede Mantashe, ANC’s Secretary Gen
VIDEO 13:
Simphiwe Dana on recording labels and piracy
VIDEO 14:
Gallo on CD, DVD sales and piracy
VIDEO 15:
Consolidation in the fishing sector
VIDEO 16:
Recession-proof stocks
VIDEO 17:
Capital Investments
VIDEO 18:
Brazil and South Africa and Cop-17
VIDEO 19:
Mxit’s X factor
VIDEO 20:
Mobile trends
VIDEO 21:
Dialogues on carbon economies
VIDEO 22:
FM Editor Barney Mthombothi on the POIB
VIDEO 23:
Google Earth
VIDEO 24:
The Oppenheimers
VIDEO 25:
Cement
VIDEO 26:
Coal
VIDEO 27:
Smaller retailers & dividends
VIDEO 28:
How SA consumers got swamped by debt
VIDEO 29:
Financing SA sports
VIDEO 30:
Gold versus oil
VIDEO 31:
FirstRand Group
VIDEO 32:
Protecting democracy
VIDEO 33:
BlackBerry blackout
VIDEO 34:
Best suburbs in SA
VIDEO 35:
Cash holdings
VIDEO 36:
Samsung solar powered netbook
VIDEO 37:
Census 2011
VIDEO 38:
Investing in Africa
VIDEO 39:
Cisco Cius
VIDEO 40:
FM calls GetMed call centre
VIDEO 41:
Motorists react to 37c fuel hike
VIDEO 42:
Ranking the MBAs
VIDEO 43:
Banks & consumer stocks
VIDEO 44:
Kodak inkjet printers
VIDEO 45:
Rhino horn consumer markets
VIDEO 46:
Dehorning Rhinos
VIDEO 47:
Toshiba AT100 review
VIDEO 48:
Manufacturing - Grinding to a halt
VIDEO 49:
Business Intelligence
VIDEO 50:
The Oppenheimers - A lasting legacy
VIDEO 51:
BlackBerry Bold 9900
VIDEO 52:
Affordable housing - Tokyo Sexwale
VIDEO 53:
The economics of rhino poaching
VIDEO 54:
Construction stocks
VIDEO 55:
Motorola Atrix review
VIDEO 56:
Getting SA to work
VIDEO 57:
Imperial Holding
VIDEO 58:
Pick n Pay
VIDEO 59:
Mergers and Acquisitions
VIDEO 60:
Market Mayday
VIDEO 61:
Living Annuities
VIDEO 62:
Tolling - Highway robbery or justified?
VIDEO 63:
SA transport crisis
VIDEO 64:
New listings
VIDEO 65:
Going global -Where to invest offshore
VIDEO 66:
Anglo American
VIDEO 67:
Land reform
VIDEO 68:
Olympus XZ-1
VIDEO 69:
Gold- Pushing production
VIDEO 70:
The crumbling euro
VIDEO 71:
Listed property
VIDEO 72:
Protests ahead of Shell SA’s planned shale gas fracking in the Karoo
VIDEO 73:
Village Main Reef update since merger with Simmer & Jack
VIDEO 74:
Exchange traded funds and notes
VIDEO 75:
SA’s tax regime
VIDEO 76:
Rupert family investments
VIDEO 77:
Investing in commodities
VIDEO 78:
Property funds
VIDEO 79:
Gigaba and SOEs
VIDEO 80:
Garmin on SA’s navigation trends
VIDEO 81:
Old Mutual Retirement Monitor 2011
VIDEO 82:
Greenpeace dumps 5t of coal in front of Eskom’s offices
VIDEO 83:
SA’s top business schools
VIDEO 84:
Lights on for property listings boom
VIDEO 85:
Khaya Dlanga on creativity in SA
VIDEO 86:
Telkom CEO on annual results
VIDEO 87:
Mackay’s SAB
VIDEO 88:
An inexpensive JSE
VIDEO 89:
Brimstone - BEE burns brightly
VIDEO 90:
Glencore goes public
VIDEO 91:
Police deaths and brutality
VIDEO 92:
Investing in gold
VIDEO 93:
Inflation returns
VIDEO 94:
Consumer Protection
VIDEO 95:
SA’s evolving conversation – Justice Malala
VIDEO 96:
Trends in SA telecoms
VIDEO 97:
High costs in SA telecoms
VIDEO 98:
The rot
VIDEO 99:
Clothing industry
VIDEO 100:
Clothing industry
VIDEO 101:
Rally To Read 2011
VIDEO 102:
Food prices
VIDEO 103:
Black Economic Empowerment (BEE)
VIDEO 104:
Carbon market
VIDEO 105:
ArcelorMittal
VIDEO 106:
Sustainability
VIDEO 107:
Jo’burg in crisis
VIDEO 108:
Property review
VIDEO 109:
Market risks
VIDEO 110:
Telecoms leadership
VIDEO 111:
Edna Molewa
VIDEO 112:
Brian Joffe
VIDEO 113:
Banking fees
VIDEO 114:
Martime industry
VIDEO 115:
State-owned mining corporation
VIDEO 116:
Budget 2011 - Jobs
VIDEO 117:
Collusion in construction
VIDEO 118:
Eskom’s plan
VIDEO 119:
State of the Nation
VIDEO 120:
Mobile Internet
VIDEO 121:
Mines before people?
VIDEO 122:
Soaring medical costs
VIDEO 123:
Mine Safety
VIDEO 124:
Banks fight for business
VIDEO 125:
Hot Stocks
VIDEO 126:
BRICS
VIDEO 127:
Zimbabweans in SA
VIDEO 128:
Rich Givings
VIDEO 129:
Mine closures
VIDEO 130:
Heritage
VIDEO 131:
Mercedes invests in East London
VIDEO 132:
Metropolitan, Momentum merger
VIDEO 133:
Clicks turnaround
VIDEO 134:
Decent jobs vs any jobs
VIDEO 135:
Insuring against child disability
VIDEO 136:
Investment for Fancourt
VIDEO 137:
Standard Bank: still moving forward?
VIDEO 138:
Cutting electricity costs
VIDEO 139:
The Little Black Book
VIDEO 140:
Venture capital and tech start-ups
VIDEO 141:
Mini-budget explored
VIDEO 142:
Gill Marcus on the rand:
VIDEO 143:
Blackberry Torch and new OS
VIDEO 144:
Gauteng to pay for road expansion
VIDEO 145:
KOI opens in Rosebank
VIDEO 146:
Will the government raise taxes?
VIDEO 147:
Review of 2010 Loeries awards
VIDEO 148:
Olympus Pen camera review
VIDEO 149:
ANC on nationalisation
VIDEO 150:
The rand debate
VIDEO 151:
Zwelinzima Vavi
VIDEO 152:
Economy and growth
VIDEO 153:
Tripartite Alliance
VIDEO 154:
The MBA issue
VIDEO 155:
House of Mandela Wines
VIDEO 156:
Pop-up stores
VIDEO 157:
SMEs and Blackberry
VIDEO 158:
Market fears examined
VIDEO 159:
Meet Amman Muhammad
VIDEO 160:
Zuma’s Chinese deals
VIDEO 161:
JSE closing report
VIDEO 162:
Public service strike
VIDEO 163:
Andrew McNulty writes on Jacob Zuma
VIDEO 164:
Public service strike
VIDEO 165:
Mike Brown Nedbank CEO
VIDEO 166:
Larry Claasen on
VIDEO 167:
Northam Platinum’s mine near Lydenberg
VIDEO 168:
Motor industry strike - David Furlonger
VIDEO 169:
Motor Industry Annual
VIDEO 170:
Graham Briggs CEO Harmony Gold
VIDEO 171:
SA’s mining juggernauts in FM 13 August: Charlotte Mathews
VIDEO 172:
Destruction of wheat in Russia’s devastating fires
VIDEO 173:
Exploring Kwa-Zulu Natal and the smallest desert
VIDEO 174:
The implications of Tobin tax
VIDEO 175:
Listen to a podcast on banking in SA and interest shown
VIDEO 176:
Razina Munshi on Tourvest’s lucrative new business
VIDEO 177:
Net#work story -
VIDEO 178:
Ralph Boettger on Sappi results
VIDEO 179:
Carol Paton speaks on climate change
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