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In this episode of Ghost Wrap, I recapped five important stories on the local market:
- NEPI Rockcastle is seen as one of the better REITs on the local market and a recent update shows why.
- MultiChoice is in for a long journey with Showmax, at a time when the rest of the business is facing substantial other challenges.
- Santam is focused on repricing risk, which means upward pressure on short-term insurance premiums across the industry.
- Shoprite is doing an exceptional job of growing volumes, with further market share gains that look especially impressive when compared to a competitor like Woolworths.
- Richemont saw sales drop in the Americas region and margins are under pressure across the board, so is the online side of the business proving to be a distraction?