Wednesday, July 22, 2026

Aspen’s fat profits from thinner people; Prosus exits Delivery Hero

This episode of the Ghost Bites podcast on YouTube and Apple Podcasts / Spotify features Argent Industrial, Aspen, Coronation, Ninety One, Prosus, South32 - and a dog in a superhero cape!

Satrix expands further into Africa

Satrix, the leading provider of index-tracking investment products in South Africa, has announced the further expansion of its offering into another African country outside of South Africa. The company selected the Botswana Stock Exchange (BSE) as the platform for the secondary listing of three of its JSE-listed exchange traded funds (ETFs), with the listings having gone live on 9 July.
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Ghost Bites (Kumba Iron Ore | Nedbank | Reinet | Sasol)

Kumba is a victim of the rand (and several other things). A big step forward for Nedbank in East Africa. Reinet's underperformance vs. British American Tobacco is incredible to witness. Sasol's business performance metrics for FY26 look encouraging.

Aspen’s fat profits from thinner people; Prosus exits Delivery Hero

This episode of the Ghost Bites podcast on YouTube and Apple Podcasts / Spotify features Argent Industrial, Aspen, Coronation, Ninety One, Prosus, South32 - and a dog in a superhero cape!

 

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GHOST WRAP – Earnings season brings out the bulls and the bears

With the August / September earnings season behind us, it's helpful to look at share price moves over the past 30 days on the JSE to see how sentiment has shifted. The PGMs have driven the Top40 higher, while insurance has taken a breather.

GHOST WRAP – The JSE Winners’ Club in 2025

At the halfway mark in 2025, we've lived through some huge geopolitical shifts. The world's gaze has shifted beyond just the US market. Many investors choose to stick with what they know in times like these. This means homegrown favourites on the JSE. But which stocks have been the big winners thus far this year, and what do they have in common?
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