Thoughts By Tshepo Magagane I wrote this a year back about SA’s Northern Cape: remember the existing car industry in Pretoria and Gqeberha – I criticise SA a lot but they get things such as localisation, industrialisation right (think Mintek, CSIR, IDC). NB: 2/3 of light vehicle production are exported from the country (EU top […]
Poverty Economics
Thoughts From Tshepo Magagane https://economics.mit.edu/people/faculty/abhijit-banerjee/poor-economics Poverty – too many people without any idea about it have no qualms about prescribing and proscribing policies about it! To get this out of the way – when you say “I am taking risks”, means that you are blessed with privilege and stop talking about this! I grew up […]
What Is In A Valuation: MineCos vs TechCos
By Tshepo Magagane, Executive Director – Pangaea Advisory / Partner – The Critical Minerals Fund Kobold – people who balk at the USD3bn valuation. I wrote about the fact that investors are only willing to pay USD0.05 for every USD1 generated by Mining Companies v Tech Companies (even Argentina’s bonds have never traded that low) […]
Global Aid Is Complicated. The Solution Doesn’t Have To Be
Opinion Authored By: Samuel Maimbo // Dr. Samuel Maimbo is the vice president for budget, performance review, and strategic planning at the World Bank, and a leading development finance expert. He is a candidate for the presidency of the African Development Bank. Why is the development model set in the wake of World War II not working in […]
Risk Capital
By Tshepo Magagane Risk capital – why the US is so successful (Bezos’ take)! NB: you would not have any of the S&P companies without this. I have a friend who retired with good 9 figures in PE, and currently works with DACH family offices……told him what we are working on and he put the […]
Kobold, Is The Valuation All About AI (ie An AI premium?)
Tshepo Magagane: Executive Director – Pangaea Advisory Group / Partner – The Critical Minerals Fund Maybe at the margins re: having someone like Connie Chan being able to block time out and fly out to Africa then to minesite is an achievement beyond parallel (even AI start-ups in the US will struggle to get a […]
Kobold – How Do You Get To The Valuation?
Tshepo Magagane: Executive Director – Pangaea Advisory Group / Partner – The Critical Minerals Fund Mining valuation is a bit tricky but understand that you are always looking at what they call Net Present Value or Net Asset Value = Discounted Cash Flow over Life of Mine. 1. Mingomba – this is a defined deposit […]
The World Bank’s Vision for Zambia’s Private Sector: A Critical Review
By Savior Mwambwa Thanks to the Christmas holidays, I’ve finished reading the World Bank’s latest Country Private Sector Diagnostic for Zambia in-depth, and I have some thoughts to share. While the report offers valuable insights into Zambia’s investment landscape, its fundamental approach concerns me. Let me explain why. What the World Bank Gets Right First, […]
The World Bank’s Vision for Zambia’s Private Sector: A Critical Review
By Savior Mwambwa Thanks to the Christmas holidays, I’ve just finished reading the World Bank’s latest Country Private Sector Diagnostic for Zambia in depth, and I have some thoughts to share. While the report offers valuable insights into Zambia’s investment landscape, its fundamental approach concerns me. Let me explain why. What the World Bank Gets […]
DLE and Lithium – no one knows!
By Tshepo Magagane I repeat no one knows! I have always said “as much as Lithium is abundantly found 1. Like iron ore, you get it right eg some moves Rinehart made at the trough, you will like have inspired investment case studies 2. D&S balances with DLE numbers either way are not worth the […]