On The Money - In Brief
- Market commentators are increasingly bullish on the MTN Group in the run-up to its year-end to March results being released next month. Investec fund manager Clyde Roussouw said on South Africa’s Classic Business on Friday there was no reason to expect any disappointment in terms of its profits. "On a longer-term view it certainly is one in which, in a really uncertain environment, there is certainty of earnings growth. And I think that that is certainly something which investors are looking for " said Roussouw.
- IT-invested private equity fund Trematon Capital Investments incurred a R20.33 million net loss in the six months to 28 February after a fall in the share price of its biggest asset, Intec Telecoms.