The Money Maze: Investing in South Africa

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 someone who actually knows what they’re doing. This is not financial advice.

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 someone who actually knows what they’re doing. This is not financial advice.

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 and start navigating the market like someone who actually knows what they’re doing. This is not financial advice.

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. This is not financial advice.

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 jargon and start navigating the market like someone who actually knows what they’re doing. This is not financial advice.

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 someone who actually knows what they’re doing. This is not financial advice.

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 patchwork.

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.

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 English, and no accountant-speak.
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.

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 drowning in jargon and start navigating the market like someone who actually knows what they’re doing. This is not financial advice.

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 start navigating the market like someone who actually knows what they’re doing. This is not financial advice.