By Tshepo Magagane Copper (Commodities Context) – I cannot even begin to capture how well placed we are with various ventures on this – across the various sectors and products. When we started, there was a JPM analyst who the market made fun about – he was incredibly bullish on Kumba – Kumba had been […]
GFC taught me something – credit markets move way ahead of equity markets.
By Tshepo Magagane GFC was bad – looking down as Lehman bankers were having pints at 9am in Canary Wharf – this will even be worse re: level of automatic buying eg ETFs and lack of experience sitting at desks / risk committees – so many seniors only read about a crisis🤞🏽 A month or […]
GOLD – YES, China has ramped up purchases of gold – this has been the driver of the gold price – not some nonsense about rates!
By Tshepo Magagane BUT remember that its holdings of US Treasuries is incomplete here – you also have to look at various holdings in clearing houses across Europe (Belgium) – which is also China. Just because a datapoint supports your investment case, does not mean you dont take a closer look at it. I know […]
There is a Zambian Man We Have Forgotten
I imagine life becomes a complex maze to navigate for a man who has to return to Zambia after his life and work in the diaspora have been abruptly cut short. This can be anyone from a diplomat recalled by the government, a man whose contract has not been renewed, deported or forced out like […]
Hello Injury Week
The Zambian man spends a month stretching his income across 30-plus days. Those final days of the month when your money is a game of calculus will hit the best of us. Injury week is when one careless expense can be disastrous. Fuel or food? Lunch or transport money. Injury week hides a lesson for […]
cUSD50bn of Copper is leaving the DRC annually!
Tshepo Magagane – Executive How is this even possible? No foreigner is going to change this… …it is up to the Congolese! To show you how evil the whole system is – not even a single company is volunteering to pick up the cost for this… …why you need the right systems – indigenous led […]
Some of our friends play for the other team.
Have you ever noticed how one of or a few of the guys you know are just … different? From childhood all the way to date, there’s always been something sneaky or uncertain about them. It starts early in your friendship but becomes more pronounced as life begins to happen. You know your circle by […]
From ‘wa lwanda’ to buying groceries on nkongole.
There will be food for mourners at your funeral if you died of hunger. Just as money will be found to buy your casket if you die without anything in your account or mobile money. I didn’t make the rules. I’m only a messenger. This is what befalls the black Zambian man in his communities. […]
China – “does not view it as IP theft, this is payback for opium wars”!
By Tshepo Magagane – Resources Partner That was from ex-Aussie PM, Rudd, said the above. China has a multi-decade and myopic focus. Everyone is going Rare Earths but China started getting the competitive advantage in the 90s – not 10yrs ago, it is an entire ecosystem… …and why did they steal a march on the […]
Mintek in South Africa – if Africa had great leaders, it would put Mintek at the core of its plans!
https://www.miningweekly.com/article/steenkampskraal-mintek-achieve-breakthrough-in-rare-earth-beneficiation-2026-06-24 Written By Tshepo Magagane NB: well done Bafana-Bafana – I will be honest, I did not see this one coming especially against Korea (ratings upgrade & path to investment grade and now first time in knock-out stages👏🏼👏🏼👏🏼)! Time to have that HOPE & OPTMISM & BRAVERY & VISION from the 80/90s when the likes […]