Peter Matlare is stepping down as CEO of Tiger Brands.
News of his departure sent shares soaring.
Why does the market love the fact that he won’t be around for much longer?
The Money Show’s Bruce Whitfield interviewed Hlelo Giyose, the chief investment officer at First Avenue Investment Management.
Scroll down for quotes from the audio below.
His departure was long overdue.— Hlelo Giyose
Tiger Brands has lost market share and its profitability has gone down.— Hlelo Giyose
Tiger Brands under Peter Matlare have invested in 'no return' businesses in Nigeria. This huge amount of money has been written off. I think there should be repercussions for the Board as well.— Hlelo Giyose
Oversight at Tiger Brands is pretty weak.— Hlelo Giyose
Tiger Brands will have to recapitalise and Peter Matlare is not the man to ask the market for more money.— Hlelo Giyose
I think Noel Doyle should groom the next CEO.— Hlelo Giyose
As a small business owner, nobody expects you to be perfect. Because you cannot see them, blind spots could be a real nuisance.
With the political climate as volatile and rife, the US might not be the best country to keep your overseas capital.
Find out how the cryptic currency managed to gain so much momentum so relatively fast and kick yourself for missing out.
The iPhone, Ebay and Facebook, we all know these killer applications but what about their very similar predecessors that flopped.
The Money Show’s Bruce Whitfield interviews Logan Attorneys Consumer Law Specialist Stephen Logan.
Where you won't miss a thing.
"Recognise that it’s not the end, it’s the beginning." Expert advise for school-leavers who want to improve their results.
This week Xolani Gwala's speaks to former Generations actor Pamela Nomvete for #WhatInTheWorldHappenedTo feature.
The EFF lawyer stole the show during the state capture report court battle.
Michiel le Roux speaks about the fascinating story behind the little bank that has the Big 4 shaking in their boots.
Still young(ish)? Consider the single best thing you can do to increase your wealth by much more than the inflation rate.
WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...
Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?
The National Student Financial Aid Scheme (NSFAS) will pilot a new funding model in 2017. NSFAS chairperson Sizwe Nxasana explains.