MyMoney Online

Why FNB is buying Shoprite, Sasol and Equites

The Money Show’s Bruce Whitfield asked Edgar Mafoko (a Portfolio Manager at FNB Wealth and Investments) for his stock picks of the week.

Right now, Mafoko is buying these three companies:

  • Shoprite

  • Sasol

  • Equites Property Fund
Picture: Twitter @Shoprite_SA

For more detail, listen to the interview below.

Enjoy The Money Show, but miss it sometimes?

Get the best bits emailed to you daily, right after it ends:

Subscribe to our Business Wrap Newsletter


Recommended

by NEWSROOM AI
Read More
Sars is going to destroy a R6.75 million mountain of clothes on Friday

Sars is going to destroy a R6.75 million mountain of clothes on Friday

It feels immoral in a country where so many people are too poor to buy their own, bemoans The Money Show’s Bruce Whitfield.

Why Pepkor gave up on Zimbabwe (where it once had 200 stores) after decades

Why Pepkor gave up on Zimbabwe (where it once had 200 stores) after decades

Leon Lourens (CEO, Pepkor) discusses his company’s financial results with Bruce Whitfield on The Money Show.

Checkers app let’s you buy groceries at normal prices – free delivery in an hour

Checkers app let’s you buy groceries at normal prices – free delivery in an hour

The new Sixty60 app gives you access to more than 5000 grocery items from its stores and products from the Checkers LiquorShop.

Earn R4500+ per month by renting out your car to Uber drivers

Earn R4500+ per month by renting out your car to Uber drivers

Flexclub pays you to rent out a car you don’t use to Uber drivers struggling to obtain finance, says cofounder Tinashe Ruzane.

Gift of the Givers' Dr Imtiaz Sooliman – angel amongst men – talks about money

Gift of the Givers' Dr Imtiaz Sooliman – angel amongst men – talks about money

"I have no desire for clothes. I have no desire for holidays. I have no desire for outings. All I see is the suffering of people…"

13 tips for saving hundreds (nay, thousands!) of rands each month

13 tips for saving hundreds (nay, thousands!) of rands each month

The economy is toast. Personal finance expert Warren Ingram shares 13 highly effective tips for making ends meet.

Popular articles
[WATCH] Woman sharing her most embarrassing moment at parking lot goes viral

[WATCH] Woman sharing her most embarrassing moment at parking lot goes viral

Khabazela shares tweets and Facebook posts that have gone viral.

Made in South Africa: The Mara smartphone now sells at Vodacom

Made in South Africa: The Mara smartphone now sells at Vodacom

Mara smartphones are now available from Vodacom participating outlets. Bruce Whitfield interviews Ashish Thakkar, Mara's CEO.

Why Anchor Capital is buying MTN, Sibanye and Transaction Capital

Why Anchor Capital is buying MTN, Sibanye and Transaction Capital

The Money Show’s Bruce Whitfield asks Peter Armitage (CEO at Anchor Capital) for his stock picks of the week.

Stage 6 loadshedding:  'I am surprised at the shock'

Stage 6 loadshedding: 'I am surprised at the shock'

Bruce Whitfield interviews economist Dr Thabi Leoka on Eskom's shock announcement late Monday afternoon.

[WATCH] Fikile Mbalula's funny interview has social media in stitches

[WATCH] Fikile Mbalula's funny interview has social media in stitches

Khabazela shares tweets and Facebook posts that have gone viral.

 Eskom buys fine coal that looks like baby powder when wet, says expert Ted Blom

Eskom buys fine coal that looks like baby powder when wet, says expert Ted Blom

Energy analyst Ted Blom weighs in on the energy crisis in South Africa as load shedding stage 2 is implemented.

SA's Zozibini Tunzi simply the best, crowned Miss Universe 2019

SA's Zozibini Tunzi simply the best, crowned Miss Universe 2019

The 26-year-old is the third South African to be crowned Miss Universe and has made the country proud.

Did you know? SA exports electricity to seven countries in Southern Africa

Did you know? SA exports electricity to seven countries in Southern Africa

Senior Researcher at Africa Check Kate Wilkinson shares their latest from their fact-finding missions.