PSG Financial Services

On 20 May 2025, Sasol held a Capital Markets Day, providing a comprehensive update on its corporate strategy, operational performance, emissions reduction roadmap, and financial framework. Some key highlights are: Sasol anticipates adjusted its EBITDA to rise from R60 billion to a range of between R64–R71 billion by FY28. Cost savings of R10–R15 billion (relative to inflation) are a major contribu...

Barbara Creecy : Minister of Transport Facilitated by Alishia Seckam : Broadcast and financial journalist. In July 2024 Ms Barbara Creecy was appointed as the Minister of Transport in the new Government of National Unity. Ms Creecy served as the Minister of Forestry, Fisheries and the Environment between 2019 and 2024. In November 2019, Ms Creecy was also elected as the President of the African Mi...

For our latest Event Impact Assessment, our team of skilled analysts reviewed Aspen. Based on their analysis, they have issued a hold recommendation for this share. Click here to find out more. The opinions expressed in these podcasts are the opinions of the series and not necessarily those of PSG. The information in these podcasts is provided as general information. It does not constitute financi...

For our latest Event Impact Assessment, our team of skilled analysts reviewed British American Tobacco. Based on their analysis, they have issued a hold recommendation for this share. Click here to find out more. The opinions expressed in these podcasts are the opinions of the series and not necessarily those of PSG. The information in these podcasts is provided as general information. It does not...

PSG Wealth has a team of skilled analysts who produce regular research on the companies in our universe. In this recording they outline the reasons for their sell recommendation for Renergen. The opinions expressed in these podcasts are the opinions of the series and not necessarily those of PSG. The information in these podcasts is provided as general information. It does not constitute financial...

Dr Frans Cronje : Director of DNA Economics Facilitated by Alishia Seckam : Broadcast and financial journalist. Dr Frans Cronje is an analyst with 20 years of experience advising corporations and government agencies on South African and global strategic risks. He runs an advisory firm, chairs South Africa’s Social Research Foundation, sits on the advisory board of the BRE-DE-RE think-tank in Germa...

In this report, we review Harmony Gold’s interim results for the period ended 31 December 2024, released in March 2025, alongside the current global macroeconomic environment. Financial: Gold revenue increased from R29 705 million to R35 447 million, an increase of 19% over the period. Headline earnings per share increased by 33% to 1 270 cents in 1H25, up from 956 cents in 1H24. An interim divide...

Our team of skilled analysts recently reviewed their Redefine recommendation. Listen to this recording to find out which factors they considered to reach their buy recommendation. The opinions expressed in these podcasts are the opinions of the series and not necessarily those of PSG. The information in these podcasts is provided as general information. It does not constitute financial, tax, legal...

Our team of skilled analysts recently reviewed their Nedbank recommendation. Listen to this recording to find out which factors they considered to reach their buy recommendation. The opinions expressed in these podcasts are the opinions of the series and not necessarily those of PSG. The information in these podcasts is provided as general information. It does not constitute financial, tax, legal...

Matthew Stern: Director of DNA Economics Facilitated by Alishia Seckam: Broadcast and financial journalist. Matthew Stern is the founder of DNA Economics and is currently the head of the company’s Trade and Investment Practice. He has previously worked for First National Bank, the South African Department of Trade and Industry, the National Treasury of South Africa and the World Bank. He has led m...

For our latest Event Impact Assessment, our team of skilled analysts reviewed PPC. Based on their analysis, they have issued a hold recommendation for this share. Click here to find out more. The opinions expressed in these podcasts are the opinions of the series and not necessarily those of PSG. The information in these podcasts is provided as general information. It does not constitute financial...

Our team of skilled analysts recently reviewed their Standard Bank recommendation. Listen to this recording to find out which factors they considered to reach their buy recommendation. The opinions expressed in these podcasts are the opinions of the series and not necessarily those of PSG. The information in these podcasts is provided as general information. It does not constitute financial, tax,...

Our team of skilled analysts recently reviewed their Old Mutual recommendation. Listen to this recording to find out which factors they considered to reach their buy recommendation. The opinions expressed in these podcasts are the opinions of the series and not necessarily those of PSG. The information in these podcasts is provided as general information. It does not constitute financial, tax, leg...

Our team of skilled analysts recently reviewed their Aspen recommendation. Listen to this recording to find out which factors they considered to reach their buy recommendation. The opinions expressed in these podcasts are the opinions of the series and not necessarily those of PSG. The information in these podcasts is provided as general information. It does not constitute financial, tax, legal or...

Mr Christopher Axelson : Acting Deputy Director General: Tax and Financial Sector Policy Facilitated by Alishia Seckam : Broadcast and financial journalist. Mr Christopher Axelson, Deputy Director at National Treasury and Acting Head of Tax and Financial Sector Policy, will provide an in-depth analysis of the budget speech delivered by the Minister of Finance on 12 March. He will cover key changes...

Our team of skilled analysts recently reviewed their Sasol recommendation. Listen to this recording to find out which factors they considered to reach their buy recommendation. The opinions expressed in these podcasts are the opinions of the series and not necessarily those of PSG. The information in these podcasts is provided as general information. It does not constitute financial, tax, legal or...

The recent transaction and events from Sibanye Stillwater: The long-term platinum price is expected to range between $900 and $1 100 due to an increasing demand for Electric Vehicles (EVs) making up a larger percentage of global car sales. Lower prices Platinum Group Metals will reduce supply, supporting prices. The ZAR platinum price has shown consistent growth over the long term, indicating a fa...

After two years of declining cigarette volumes, the revocation of the menthol ban should mitigate declining volumes, although negative volumes are still expected. Key points in the investment thesis are: Management states that illicit vapour in the US account for 60% of sales. The FDA is moving too slowly at the frustration of management. Aim for 50% smoke-free products by 2035. US cigarette sales...

Justice Malala : Renowned South African political journalist, commentator and best-selling author Facilitated by Alishia Seckam : Broadcast and financial journalist. Justice Malala is a political analyst, best-selling author, newspaper columnist, media entrepreneur, talk-show host and public speaker. He is regarded as one of Africa’s most prominent independent political voices with a reputation fo...

• This is the pre-eminent food retailer in South Africa, with the best margins and the most effective management, but its sheer size limits the potential for above industry growth (even market share gains will become limited) and its valuation is full. • Key points in the investment thesis are: a. Group revenue growth of 9.5%, however, this was mainly driven by acquisitions as like-for-like revenu...

Listen to Wealth CIO, Adriaan Pask as he summarises the SONA of last night where President Cyril Ramaphosa spoke about international relations, growth reforms and crime.

For our latest Event Impact Assessment, our team of skilled analysts reviewed Naspers and Prosus half-year results for FY25. Based on their analysis, they have issued a hold recommendation for this share. Click here to find out more. The opinions expressed in these podcasts are the opinions of the series and not necessarily those of PSG. The information in these podcasts is provided as general inf...

Our team of skilled analysts recently reviewed their MTN recommendation. Listen to this recording to find out which factors they considered to reach their buy recommendation. The opinions expressed in these podcasts are the opinions of the series and not necessarily those of PSG. The information in these podcasts is provided as general information. It does not constitute financial, tax, legal or i...

Teboho Nthoana: 2024 PSG Think Big SA competition winner Facilitated by Alishia Seckam: Broadcast and financial journalist. As a township entrepreneur, Teboho, who holds a Master's degree and currently pursuing his PhD, has experienced firsthand the challenges of township small businesses and is determined to use his journey to inspire others and promote inclusive economic growth. The series is a...

Our team of skilled analysts recently reviewed their Redefine recommendation. Listen to this recording to find out which factors they considered to reach their buy recommendation. The opinions expressed in these podcasts are the opinions of the series and not necessarily those of PSG. The information in these podcasts is provided as general information. It does not constitute financial, tax, legal...