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Looking at Amplats, Tiger Brands and Liberty Two Degrees
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Liberty s share price leaps on Standard Bank s plan to acquire all its shares
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Bank Zero still waiting on the sidelines
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Thursday 3 June 2021 - 7:30pm
The rand is at its strongest against the US dollar in more than two years. The last time it was this firm against the greenback was in February 2019. #eNCA Courtesy #DStv403
JOHANNESBURG - The rand lost some ground against the US dollar on Thursday but hovers around its strongest level in two years.
The last time the local currency was this firm against the greenback was in February 2019.
The rand lost some ground against the US dollar but hovers around its strongest level in two years. The last time the local currency was this firm against the greenback was in February 2019. Market analyst Nesan Nair discusses on #eNCA#DStv403#eNCABusinesspic.twitter.com/c08iaYa9kq
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Simonâs weekly wrap: Is now the time to buy bitcoin?
This week MoneywebNOW looked at Pepkor’s interims, Afrimat’s latest acquisition and whether the Naspers/Prosus share swop will work. 11:31
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The deal whereby Prosus will swop its shares for Naspers shares is another attempt to close the discount to the Tencent holding, but will it work? I spoke with Mike Gresty from Anchor Capital on the subject. He has run the numbers and does expect a modest single digit uplift in price. But heâs concerned with the cross-holding complexity and reminds individual shareholders that swopping Naspers shares will results in a tax event which also needs to be considered.