Some good news with SA’s Q3 GDP coming in at 2%. The Steinhoff saga continues: since Jooste’s resignation R223.8bn has been wiped off the exchange. Naspers is not out of the woods yet as US-based legal firm, Pomerantz starts an investigation and calls for shareholders to come to them for a class action lawsuit. CRH has withdrawn their bid for PPC, EOH is under huge pressure this week, despite no tangible or fundamentally based news stories… and the US economy added 228k new jobs in November.

 

The Steinhoff saga continues & Naspers not out of the woods yet

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