Ghost Wrap #65 (Transaction Capital | Sun International | Thungela | OUTsurance)

Welcome to Ghost Wrap, your regular update on the most interesting company news in the South African market.

In this episode of Ghost Wrap, I focused on recent news across various sectors:

• Transaction Capital didn't get quite as much as it hoped for the WeBuyCars shares, but still raised over R900 million at what seems like a good price. The group has also announced the sale of Nutun Australia.
• Sun International had some bright spots in 2023 and could really do with reduced load shedding as it gears up for the Peermont acquisition.
• Thungela is as cyclical as can be and has expanded into the Australian market - yet the capex split still tells a story of a predominantly South African group.
• OUTsurance reported a mixed bag of numbers and decent dividend growth overall, with significant attention on whether the push into Ireland will work. 

The Ghost Wrap podcast is proudly brought to you by Mazars, a leading international audit, tax and advisory firm with a national footprint within South Africa. Visit the Mazars website for more information.