LentilSoup

Boom! Don't care what the bloggers say, nothing beats owning property. Welcome to the club.

EOH has announced that a number of its board members have resigned, including Pumeza Bam, Zunaid Mayet, and Rob Godlonton. Bam resigned from the EOH Holdings Board and various other EOH subsidiary boards and trusts with effect from 12 July 2019. She served as executive director for seven years and non-executive director for two years. Executive director and Nextec CEO Zunaid Mayet also resigned from both of these positions effective from the same date. Mayet was at EOH for 10 years and had been a member of the board for the last two years. “In order to ensure a smooth transition, Zunaid will assist with the handover of Nextec by 31 October 2019,” EOH said, “He thereafter intends embarking on a new entrepreneurial venture.” Executive Director and CEO of EOH’s ICT business, Rob Godlonton also resigned from the company with effect from 12 July 2019. “Rob has been at EOH for over 11 years and has been leading the EOH ICT business in South Africa with energy and dedication,” EOH said. “In order to ensure a smooth transition, Rob will assist with the handover of the ICT business by 31 October 2019.” EOH Group CEO Stephen van Coller and Financial Director Megan Pydigadu will assume caretaking leadership roles for the ICT and Nextec businesses on an interim basis, the company said.

The Minister of Public Enterprises, Mr Pravin Gordhan, and the Chairman of the Eskom Board, Mr Jabu Mabuza, address the media on Eskom and the current electricity supply problems. Watch live:

I have been seeing some news about them lately, do any of you have stocks in Trustco? Is this a company worth looking into, I am struggling to find info on whether they are good or bad the articles seems to be a mix bag of opinions.

I assume generators accross the country will require a lot of Diesel. Is it possible that we will have a Diesel shortage?

Bank or Pick n Pay I don't know where to get discounted airtime, I think the retailers are all full price.

MTN is up 12% at the moment.

I bought some BLU today, I glanced over their financials (I do not understand anything), but what seems to be the case is that they have cash and generate it quickly and I like a business with cash. Then my main motivation is Cell C, I think with the right strategy they can easily compete with other networks especially given their MVNO structure.

Do we know when they are launching? I am really interested to see what they can offer to match or beat Tyme.

I assume Naspers' shares will go down now as Multichoice moves off its books or does that not effect share price?

2019 banking fees Fees at Standard Bank, Absa, and Nedbank have all been hiked this week. FNB updates its fees in June, while Capitec’s fees will be updated in February 2019. Old Mutual’s Money Account fees are effective from October 2018, while Bidvest Bank’s new Grow account launched in December. The tables below show how fees for South Africa’s five major retail banks have changed, year-on-year, taking into account the April 2018 change in VAT to 15%. The accounts used are the respective banks’ mid-market accounts, where applicable. The calculations are based on an R500 transaction, which the banks have said is the most common range for cash-based transactions in the country. One of the big changes between 2018 and 2019’s fee schedules is the restructuring or ’rounding’ of fees that were raised to be in line with the new VAT rate. In some cases, this has led to a slight decrease in prices, which appear to be have been absorbed by hikes elsewhere. Nedbank’s fee structures for 2019 have changed significantly, bringing it more in line with competitors, and seeing a significant reduction in some fees. Bidvest Bank’s Grow Account is a new account that will ultimately replace the current transactional account, so its fees are compared to the standing fees for the latter account. Other new entrants that qualify as traditional retail accounts (such as African Bank’s myWORLD) will be included upon launch. Digital-only banks (Discovery Bank, TymeBank, BankZero and FNB eWallet eXtra) will have a separate feature when the banks have launched. You can review Capitec’s full 2018/19 pricing here. You can find FNB’s 2018/19 pricing guide here. Absa’s full 2019 pricing can be found here. Nedbank’s Savvy Plus 2019 pricing can be found here. You can view the Old Mutual Money Account fee schedule for 2018/19 here. Standard Bank’s full Elite 2019 pricing can be found here. You can view the Bidvest Bank Grow fee schedule for 2019 here. Source: https://businesstech.co.za

Hello! Welcome to the forum. (also a mybb lurker.)

Makro Black Friday 2018 Deals 2BLACK 5 DAY.pdf

Open for beta users I think: https://www.discovery.co.za/bank/join-discovery-bank