MTN – commenting on the sale of shares to its Nigerian subsidiary, Peter Takaendesa, Head of Equities at Mergence Investment Managers, said this is a good long-term move for MTN, not least because it empowers local people.

Sasol share price slumps amid operational challenges and global market pressures
Commenting on the retirement of longstanding Capitec CEO Gerrie Fourie and his replacement by Graham Lee, Radebe Sipamla, co-portfolio manager