If you preached about marijuana legalisation 20 years ago, you probably would've been called a “stoner” or a “druggie”.
Not to mention, you would've heard some stories “that smoking marijuana kills you”.
But isn't the world a funny place?
Fast-forward to today and this narrative has dramatically changed. Extensive research has proved that marijuana can help with various ill... ››› more
Yesterday, President Jacob Zuma launched the start of the construction of a new diamond mine owned by De Beers. The mine in Limpopo is forecast to create thousands of jobs. Once complete the new mine will be the biggest in South Africa. Let's take a closer look at the new diamond mine...
President Jacob Zuma welcomed the “R20 billion investment in the diamond industry” yesterday at the launc... ››› more
Earlier today, it emerged that some workers in the beer division at the South African arm of SABMiller walked out over wages. Some members of the Food and Allied Workers Union (FAWU) didn't turn up for work today. Let's take a closer look at what's going on…
The SA subsidiary of SABMiller is the latest in the long line of South African companies affected by strike action.
Some workers began... ››› more
The world's biggest diamond producer released its results for the first half of 2013 today. The company is optimistic a US recovery will lead the demand for diamonds higher. Let's see what else De Beers said…
De Beers “expects the global polished diamond market” to expand by more than 2% in 2013, says Fin24. This is, in part, due to “recovering US demand”.
This growth is subject to ... ››› more
Last week, mediation between De Beers and the National Union of Mineworkers (NUM) failed after negotiations reached a deadlock over wage increases. Strike action by NUM members was set to begin on Friday night, but it was averted after De Beers and the union came to a last minute agreement. Here's what happened…
De Beers managed to avert a strike by National Union of Mineworkers (NUM) members ... ››› more
Following failed negotiations between De Beers and The National Union of Mineworkers over wage increases, miners will down tools tonight as strike action begins. In a sector marred with industrial disputes, now it's the diamond miners. Let's take a look at what's led to this strike action…
Tonight, members of the National Union of Mineworkers (NUM) will go on strike tonight at “four De Beers... ››› more
Strikes have marred the mining sector over the past year. Gold and platinum miners have had to contend with industrial disputes, which have contributed towards the negative economic environment in South Africa. And now it's diamond miner De Beers' turn. According to reports, talks with its workers' union failed to resolve wage disputes. And strike action could begin tomorrow…
Yesterday, De Bee... ››› more
1 April saw the introduction of new sin taxes - this caused the price of beer to go up by 7c for a 340ml can of beer. But that doesn't mean you should turn away from investing in top ‘sin stocks'. SABMiller, for example, is ahead of the curve. It's planning to boost beer sales by up to 9% a year by slashing prices by using more local grains and cheaper packaging. This, in turn, will mean great p... ››› more
Africa's official beer consumption is amongst the lowest in the world.
According to a recent report by Bernstein Research, Africans consumed nine liters of beer per person per year in 2011.
This is significantly lower than the developed nations of North America and Western Europe where consumption is near the 70 litre mark!
However these facts don't fully reflect the beer market in Afric... ››› more
Disclaimer Note that FSP Invest, a division of Fleet Street Publications (Pty) Ltd, is a research house and not a registered broker, financial advisor or financial service provider. Our editors and customer services teams also do not give personal investment advice. The advice in this website is general advice only and may not be appropriate to your particular investment objectives, financial situation or particular needs, so before investing or if in any doubt about your personal situation, you should seek professional advice from a stockbroker or independent financial adviser authorised by the Financial Services Board.
We research our recommendations and articles thoroughly, but disclaim all liability for any inaccuracies or omissions found in this publication.
Remember: Never invest more than you can afford to spare and that the value of any investment, and the income derived from it, can go down as well as up. The past is not necessarily a guide to future performance.
Editors or contributors may have an interest in investments commented on in this newsletter. However they have signed restraints to prevent the abuse of their position as contributors to this publication.