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 lets you buy groceries at normal prices – free delivery in an hour

Checkers app lets 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
It is important to get information on COVID-19 from good credible sources - WHO

It is important to get information on COVID-19 from good credible sources - WHO

Director-general's special advisor DR Princess Nothemba Simelela answers callers' questions about coronavirus.

[WATCH] I regret the incident and I am deeply sorry - Stella Ndabeni-Abrahams

[WATCH] I regret the incident and I am deeply sorry - Stella Ndabeni-Abrahams

ANC spokesperson Pule Mabe says the manner in which President Cyril Ramaphosa acted is exemplary.

[LISTEN] Changing the way we see economics

[LISTEN] Changing the way we see economics

Eusebius McKaiser speaks to Alexander Forbes Research Institute head Anne Cabot-Allethauzer.

How is the lockdown affecting informal traders and spaza shop owners?

How is the lockdown affecting informal traders and spaza shop owners?

Eusebius McKaiser highlights the impact of the national lockdown on the informal sector.

Ramaphosa cracks whip, docks Ndabeni-Abrahams pay for violating lockdown rules

Ramaphosa cracks whip, docks Ndabeni-Abrahams pay for violating lockdown rules

President Cyril Ramaphosa has accepted the minister's apology for violating the lockdown regulations by having lunch with friends.

 Regulation on cigarettes doesn't discourage smoking - British American Tobacco

Regulation on cigarettes doesn't discourage smoking - British American Tobacco

The company's external affairs South African head Johnny Moloto says the ban pushes for illicit markets to thrive.

Gauteng Matric Revision 2020: Economics Module 1

Gauteng Matric Revision 2020: Economics Module 1

The Gauteng Department of Education and 702 are handing back the keys to every matriculant’s future.

Gauteng Matric Revision 2020: Business Studies Module 1

Gauteng Matric Revision 2020: Business Studies Module 1

The Gauteng Department of Education and 702 are handing back the keys to every matriculant’s future.

Gauteng Matric Revision 2020: Accounting Module 1

Gauteng Matric Revision 2020: Accounting Module 1

The Gauteng Department of Education and 702 are handing back the keys to every matriculant’s future.

You are not hungry, you are bored shut the fridge door. Can you relate to sign?

You are not hungry, you are bored shut the fridge door. Can you relate to sign?

Khabazela shares some of the videos that went viral on Twitter and Facebook.