Commenting on Canal+ bringing its total ownership to more than 75% of Multichoice, Peter Takaendesa, Chief Investment Officer at Mergence Investment Managers, says that all that is left now for Canal+ is to wrap everything up by buying up minority shareholders and clear a few remaining admin technicalities.
Rand resilience masks a fragile equilibrium
The rand’s recent resilience has surprised many, but it risks being misread. Strength in the currency over the past year