Afrimat buys Lafarge – a wise move? Izak van Niekerk, Portfolio Manager at Mergence Investment Managers, comments in Business Report that Afrimat is paying a very good (and hence low risk) price and are likely doing a good long-term transaction at a time of peak pessimism.
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Absa CEO Arrie Rautenbach steps down as the group’s valuation continues to lag that of its peers
Commenting on Absa’s results and the surprise announcement of CEO Arrie Rautenbach stepping down, Mergence Senior Analyst Radebe Sipamla said