06 February 2012 19:43
30 January 2012 01:57
Orbis, part of South Africa's highly rated Allan Gray investment management organisation, is betting big that Chinese consumers will spend increasing amounts of time and money on the internet. It is holding a massive chunk of Nasdaq-listed Sohu (NASDAQ: SOHU), a Chinese internet stock that many large international fund managers have shunned.
Orbis Funds are the second-largest shareholder in Sohu, owning about 18% of the company, after Sohu chairman and CEO, Charles Zhang, who had a 20% stake, as of 31 December. Sohu was the third-largest holding in the Orbis Asia ex-Japan Equity Fund, which had about US$1,273m in assets under management.
Sohu has...
18 January 2012 18:54
One of the ANC government's biggest embarrassments is its abject failure to provide a high quality education to prepare young citizens for an economically productive adult life. Now it has strengthened ties with China, South Africa would surely do well to follow many of its big brother's examples on the educational front.
Many people believe China's policy of opening up its economy to the world is a major factor in lifting most of its population out of poverty in three decades. But, there's a case to be made for its education system being just as significant a factor in its turbo-charged growth.
China's policymakers certainly believe education has been a vital backbone in its economic miracle and say as much in the country's Read post
11 January 2012 19:42
Ties with China strengthen; time for Zuma to take next step?
04 January 2012 16:50
Lots of opportunities, tax breaks for South Africans in China - but new financial pitfalls.
28 December 2011 16:47
Asian giant set to snap up more juicy assets in Africa, aiming for double-digit returns.
21 December 2011 18:50
International debt woes could easily shake your South African share portfolio.
14 December 2011 16:02
China execution underscores insignificance of South Africa.
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Saudi Arabia is the largest supplier of oil to China.