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The GameStop revolution - Business


02 February 2021 | Business
Unfortunately in Namibia we don t yet have any opportunities as small investors to participate directly in the stock exchange. Robin Tyson, small investment enthusiast
A Fedex deliveryman prepares a package for a GameStop store amid the Covid-19 pandemic in the Manhattan borough of New York City, New York, US - Nampa/Reuters
AUGETTO GRAIG
Stock markets are not traditionally the realm of the small investor, but recent events surrounding GameStop shares in America may be ushering in a new era. According to businessinsider.com, GameStop stocks soared as much as 2 000% last month.
New terms are surfacing, like ‘meme-stock’ and ‘retail traders’, to join terms once confined to the trading floor, like ‘short sell’, ‘hedge funds’ and ‘day traders’, in conversations on social media platforms between absolute strangers colluding collude for millions and rewards worth even more. ....

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SA medical schemes divided on vaccine - Geschäft - Allgemeine Zeitung


SA medical schemes divided on vaccine
South Africa is expecting its first 1 million doses of the AstraZeneca vaccine to land today and will start immunising health workers from mid-February. Photo Nampa/AFP
Emma Rumney and Alexander Winning - Days before coronavirus vaccinations start in South Africa, medical schemes have still not agreed how and to what extent they will contribute to the cost of inoculations for people without insurance cover, industry executives told Reuters.
South Africa is expecting its first 1 million doses of the AstraZeneca vaccine to land today and will start immunising health workers from mid-February. The country has been the hardest-hit by the Covid-19 pandemic on the continent, with more than 1.4 million cases and over 43 000 deaths to date. ....

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S.Africa's Life Healthcare sees first quarter revenue up 5%


By Reuters Staff
2 Min Read
JOHANNESBURG (Reuters) - South Africa’s Life Healthcare Group Holdings Ltd said on Wednesday revenue for the quarter ended Dec. 31 rose by 5% compared to the same period a year ago, although earnings dipped 15%.
It said non-emergency hospital visits surged in October and November but the company once again saw a drop in visits in December as a second wave of the coronavirus gripped its South African business and parts of international operations.
It did not disclose actual expected numbers for net profit or revenue for the December quarter.
The company, which is amongst the top three private hospital chains in South Africa, said its normalised EBITDA or earnings before interest, tax, depreciation and amortisation, generally considered a metric of profit from operations, took a hit in the quarter due to “operational costs associated with COVID-19.” ....

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Life Healthcare sees first quarter revenue up 5%


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Compared with the same period a year ago, as non-emergency hospital visits surged in October and November.
By Promit Mukherjee, Reuters
27 Jan 2021 
09:36 
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Image: Supplied
Life Healthcare Group Holdings Ltd said on Wednesday revenue for the quarter ended December 31 rose by 5% as compared with the same period a year ago, as non-emergency hospital visits surged in October and November.
However, in December the company once again saw a drop in hospital visits as a second wave of coronavirus gripped its South African business and parts of international operations, it said.
It did not disclose the expected change in net profit or revenue. ....

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