Finweek English November 2020.pdf

(17786 KB) Pobierz
GOLD
DOLLAR
$2,061.50/OZ
as at 03 August 2020
Depicted here is the fall of the price of the Dollar against the price of Gold per ounce over the past 10 years.
The Dollar Gold price has increased over 90% in the past four years. Gold is the safest store of
wealth (and trouble) in the world. Whilst past success is no guarantee of future success, another
four years may continue the gold bull run. Buy and sell gold coins and bullion with the market
leaders, today. In Gold We Trust. Since $300 an oz.
VISIT US AT:
BROOKLYN MALL
·
SANDTON CITY
·
WALMER PARK
EASTGATE
·
ROSEBANK
·
SOMERSET WEST
·
GATEWAY
MALL OF THE NORTH
·
LIBERTY MIDLANDS MALL
THE GLEN
·
PAVILION MALL
·
CANAL WALK
CALL 011 784 8551 · SHOP ONLINE AT SCOINSHOP.COM · T’S & C ’S APPLY
INVESTMENT
SPOTLIGHT
MARKETS
HOW TO MANAGE
A
MARKET
COLLAPSE
ENGLISH EDITION
MICK DAVIS
ON THE FUTURE
OF MINING
WHY
INFLATION
IS SO STICKY
FIND US AT:
fin24.com/finweek
5 November - 25 November 2020
EVERY TWO WEEKS
HOW SA’S LISTED
LIFE INSURERS
NAVIGATED
COVID-19
FUND FOCUS:
FINDING THE RIGHT INVESTMENT FILTERS FOR 2021
contents
from the editor
o
 
JANA JACOBS
Opinion
6
What sport can tell us about inequality
In brief
8
10
12
13
News in numbers
Mastering the real world, virtually
Outdated notions of beneficiation won’t cut it
China to the rescue again
October, the Orlando electricity substation in Johannesburg went
wn, causing a widespread power outage in the city that affected several
as. The cause wasn’t clear. As it seems to be the best source of updates
when it comes to municipal problems, residents scoured the City of
Joburg’s Twitter feed for news on the cause and the estimated time of repair.
Power was eventually restored approximately six hours later. By power outage
standards, this is a walk in the park compared to durations of over 24 hours –
which also happened during that week in other suburbs of Johannesburg.
These severe power outages (not related to load shedding) have become an
unacceptably regular occurrence in Joburg, and the ripple effect this has is immense.
One being that residents were also left without water. Due to the lack of
electricity, Rand Water’s Eikenhof pump station couldn’t operate, which meant
that all Hurst Hill reservoirs were almost empty. Over a week after the initial
power outage, residents are still being urged to use water sparingly. Some had
little to no water for days. Some ten hospitals, including Helen Joseph and
Baragwanath, were affected. Water tankers were dispersed, and local ward
councillors were left desperate as no answers were forthcoming from the mayor
or the city regarding the crisis.
What this highlighted is just how concerned we should be about the effects
of water shortages – not just because of poor infrastructure. An opinion piece
published by Sowetan Live in August, points to estimates “that Johannesburg and
even South Africa as a whole could run out of water as soon as 2030 if more effort
is not put into conserving water and changing the attitudes and behaviours of
Johannesburg’s citizens”.
According to data from Rand Water on 28 October, The Vaal Dam, Gauteng’s
main water supply, was at 28.7% of full capacity.
As illustrated by Cape Town’s water crisis two years ago, water-saving efforts
need to be spearheaded by city management. Strategies need to be put in place
because we cannot rely on snow- or rainfall to fill our dams.
It is still not clear why citizens had to wait so long for water to be restored
after the Orlando outage. What is clear is that we need city management to do
more than update us via social media. And we need to wake up to the fact that
Johannesburg needs a plan.
■
Marketplace
Fund in Focus:
Riding the Chinese market rally
House View:
EOH, Reunert
Killer Trade:
Curro, Stadio
Invest DIY:
Technical analysis tools for long-
term investing
19
Invest DIY:
How to handle the shock of a
market collapse
20
Investment:
Is there something brewing?
31
Technical Study:
The bull raises its head
32
Simon Says:
Balwin Properties, Cashbuild,
Caxton, Clicks, Combined Motor Holdings,
Coronation, Distell, EOH, ETFs, Metrofile,
Omnia
34
Markets:
Will inflation pick up in the US?
14
16
17
18
Fund Focus
21
Finding the right investment filters:
Getting on track for 2021
Cover
35
The outlook for SA’s major life insurers
On the money
41
Spotlight:
Mick Davis: A history of steely
determination
44
Management:
The ethics of monitoring your
employees
45
Quiz and crossword
46
Piker
Please visit psg.co.za to find an adviser near you.
For more information contact your financial adviser,
call 0860 774 566 or email psgnewbusiness@psg.co.za
Seeing the
bigger picture
tells the
full story.
While you have many
financial goals, we have one –
to help you achieve yours.
Wealth
Asset Management
Insure
Affiliates of the PSG Konsult Group are authorised financial services providers.
PUBLICISMACHINE 16901MMS/ E/3

Plik z chomika:

Inne pliki z tego folderu:

Inne foldery tego chomika:

Zgłoś jeśli naruszono regulamin