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31 December 2020
Hello Voornaam,

The JSE crossed back above the 60,000 yesterday - before closing just shy of that key level in light trade ahead of the New Year's holiday. Again, Naspers and Prosus did a lot of the heavy lifting, with both shares rising after Chinese associate Tencent closed over 5% higher in Hong Kong.

In a quiet news day for the local market, Afrox outlined the the schedule for its delisting next month. Before that, shareholders will qualify for a special dividend after approving the move at its general meeting earlier this month.

Also in your final newsletter for 2020, Banque Lombard Odier & Cie provides its economic and market outlook for the year ahead.

In The Startup Junto, The Finance Ghost is joined by The Venturing Vagabond in engaging with startup founders, investors and managers. In the first episode, they interview Chris Zietsman and Derick Truscott, the CEO and CFO of SnapScan respectively. SnapScan is an iconic startup in the South African payments landscape. Following the massive success of the Magic Markets podcast series, you don't want to miss this. Click here to listen in.

Finally, Allan Greenblo, editorial director of Today's Trustee argues that pension funds must specify to government precisely their terms and conditions for participation in infrastructure investment.

All the very best for the New Year and stay safe.

Stephen Gunnion

Managing Editor, InceConnect



Todays Latest Headlines
Afrox prepares to delist from JSE
Shareholders approved a full takeover by parent company group Linde earlier this month.
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Go for prescription
Pension funds must specify to government precisely their terms and conditions for participation in infrastructure investment. The boot will then be on the right foot.
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