The Money Maze: Investing in South Africa

Ever wondered why the JSE Top 40 moves even when half the shares are sleeping? Or why Naspers acts like the Springbok captain of your ETF? In this episode, we unpack Market Breadth, Index Weighting, and Free Float in plain English, with a side of South African humour. The Money Maze helps South African retail investors stop drowning in jargon and start navigating the market like someone who actual...

AngloGold Ashanti just dropped a quarter hotter than a KZN curry: free cash flow up 149%, gold production surging 21%, and an 80c interim dividend to sweeten the pot. Plus, their Nevada land grab signals big growth plans. We unpack the numbers, strategy, and risks behind this JSE giant. The Money Maze helps South African retail investors stop drowning in jargon and start navigating the market like...

Ever wondered why some JSE-listed companies also trade in London or why others delist altogether? In this episode, we unpack dual listings, the reasons behind delistings, and why big South African firms love a UK passport. We keep it simple, with real-world examples and that SA flavour. The Money Maze helps South African retail investors stop drowning in jargon and start navigating the market like...

Ever had a company ask you for more cash, offer shares instead of dividends, or buy its own shares like it’s running a Black Friday special? This episode breaks down Rights Issues , Scrip Dividends , and Share Buybacks in plain South African English. Learn what they are, why they happen, and how they affect your portfolio. The Money Maze helps South African retail investors stop drowning in jargon...

Hyprop’s bold bid to take over MAS Real Estate ended faster than payday cash at a braai. We break down why the R24 per share offer collapsed, what went wrong with the DJV agreements, and why governance risks can sink even the biggest deals. The Money Maze helps South African retail investors stop drowning in jargon and start navigating the market like someone who actually knows what they’re doing....

Why do offshore ETFs and REITs trade below what they’re worth? And why doesn’t your return ever match the index you bought? In this episode, we break down NAV discounts, ETF premiums, and tracking error—with plenty of South African humour. If you’ve ever scratched your head at your EasyEquities statement, this one’s for you. The Money Maze helps South African retail investors stop drowning in jarg...

Analyst reports love them, and M&A deals swear by them, but what do EV, EV/EBITDA and Price-to-Book actually mean? In this episode, we unpack these powerful valuation tools, why they matter beyond P/E, and how to use them when looking at banks, property stocks, and takeover targets. The Money Maze helps South African retail investors stop drowning in jargon and start navigating the market like...

Stefanutti Stocks just sold its Mozambique and Mauritius businesses for $4 million, but with a R1.3 billion hole between current assets and liabilities, is it enough? In this Maze Dive, we unpack the deal, rising profits, a healthy R8.6 billion order book, and that looming Eskom R138 million claim. We also examine the auditors’ going concern warning and whether this is a true turnaround or just pa...

Gearing ratio. Current ratio. Working capital. These aren’t just accounting buzzwords — they’re how you spot whether a company’s engine is running smoothly or held together with duct tape and debt. In this episode, we explain what each of these ratios tells you about a company’s financial health, especially in sectors like mining, construction and retail. Packed with South African flavour, plain E...

Not all dividends are created equal. In this episode, we break down dividend cover, forward yield, and special dividends in plain South African English. Learn how to spot risky payouts, interpret yield forecasts, and avoid confusing once-off bonuses for stable income. Perfect for EasyEquities users and JSE investors chasing passive income. The Money Maze helps South African retail investors stop d...

Ever wondered why JSE companies report HEPS and Core Earnings? This episode unpacks Headline Earnings per Share, what impairments mean for your portfolio, and why “core” profits aren’t always so pure. Perfect for South African retail investors tracking JSE results. We break it down with plain English and sharp humour. The Money Maze helps South African retail investors stop drowning in jargon and...

Don’t put all your boerewors in one braai. In this episode of The Money Maze, we explain how rebalancing keeps your portfolio aligned, why asset allocation drives most long-term returns, and how real diversification protects you from market meltdowns. Whether you're on EasyEquities or just getting started, this episode unpacks the tools every South African investor needs. The Money Maze helps...

Naspers and Prosus just dropped their full-year results, and the numbers are wild. Earnings doubled, e-commerce finally turned a profit, and AI is doing more than just sounding cool in a boardroom. In this Maze Dive, we unpack the 18× jump in adjusted income, the Tencent factor, and what’s actually changed inside these two tech-heavyweights listed on the JSE. No fluff, no hype, just plain English...

Think bonds and REITs are just for oumas in cardigans? Think again. In this episode, we break down how South African investors can use government bonds and listed REITs like Spear and Vukile to earn income, diversify risk, and buffer against inflation. From RSA Retail Savings Bonds on EasyEquities to REIT ETFs, we show you how to add stability and cash flow to your JSE portfolio. The Money Maze he...

What’s the difference between a share that rides the wave and one that stays steady through the storm? In this episode, we break down defensive vs cyclical stocks, why they behave differently, and how to build a balanced portfolio. Whether you hold Clicks or City Lodge , this episode’s for you. The Money Maze helps South African retail investors stop drowning in jargon and start navigating the mar...

Should you invest for regular payouts or long-term price growth? In this episode, we unpack the pros and cons of dividends and capital gains for South African investors. We break down tax differences, reinvestment strategies, and how to balance both for different life stages. Whether you're chasing income, growth, or both, this one's for you. The Money Maze helps South African retail inves...

We break down the latest full-year results from The Foschini Group (TFG), one of South Africa’s biggest listed retail companies. With gross profit hitting R28.8 billion, online sales now 12 percent, and the Bash platform turning profitable two years early, this JSE-listed stock is looking strong. But with Australia underperforming and forex risks lurking, is TFG a reliable dividend stock or just a...

Are blue chip shares really safe? Is growth better than value? And what’s this CAGR thing that makes your R10,000 grow like magic? This episode breaks down the long-term thinking investors need to build real wealth. The Money Maze helps South African retail investors stop drowning in jargon and start navigating the market like someone who actually knows what they’re doing. This is not financial ad...

Are you holding shares that crash harder than Eskom’s grid, or ones that cruise through chaos? This episode explains beta, volatility, and the difference between defensive and cyclical stocks so you can manage your risk. The Money Maze helps South African retail investors stop drowning in jargon and start navigating the market like someone who actually knows what they’re doing. This is not financi...

Telkom’s back with a dividend after four years, headline earnings up 62%, and R1.3 billion headed to shareholders. But with fibre, mobile and BCX in the mix, is this a real comeback or just a good signal? The Money Maze helps South African retail investors stop drowning in jargon and start navigating the market like someone who actually knows what they’re doing. This is not financial advice.

Are ETFs really cheaper than unit trusts? What’s NAV, and how do fees like TER eat your returns? This episode breaks down the costs of passive investing so you know what’s cheap, and what’s just cheap talk. The Money Maze helps South African retail investors stop drowning in jargon and start navigating the market like someone who actually knows what they’re doing. This is not financial advice.

High volume doesn’t always mean easy selling, and the bid/ask spread can quietly rob you. In this episode, we unpack liquidity in plain English and explain why trading a ‘hot stock’ can still leave you stuck. The Money Maze helps South African retail investors stop drowning in jargon and start navigating the market like someone who actually knows what they’re doing. This is not financial advice.

Spear REIT now holds R5.5 billion in Western Cape property, with solar-powered assets and solid dividends. No malls, no hype, just steady rental income across Paarl, George and Blackheath. But is that enough? The Money Maze helps South African retail investors stop drowning in jargon and start navigating the market like someone who actually knows what they’re doing. This is not financial advice.

Think buying before the ex-dividend date guarantees a payout? Not quite. This episode breaks down how dividend payout ratios work, what total return really means, and why timing matters when chasing that passive income. The Money Maze helps South African retail investors stop drowning in jargon and start navigating the market like someone who actually knows what they’re doing. This is not financia...

The PEG ratio, NAV and book value per share help you figure out if you’re paying champagne prices for boxed wine. This episode breaks down how to value stocks properly, even if you hated maths at school. The Money Maze helps South African retail investors stop drowning in jargon and start navigating the market like someone who actually knows what they’re doing. This is not financial advice.