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And the trend of oil traders snapping up SA's oil storage and refinery assets is set to continue. Down the road, expect the SA petroleum sector to be deregulated. Very logical when the market is dominated by imports priced at below the Basic Fuel Price. m.engineeringnews.co.za/article/trafig…

That 2015 slide from Social Capital stays evergreen: Amazon “turns every cost into a source of revenue”.

Didn't see that coming.

Greg Abel had Warren Buffett speak at start of the 2026 Berkshire Hathaway AGM. Buffett spent most of it praising Tim Cook, seated a few rows behind next to John Ternus. Since 2016, Berkshire’s $35B initial investment officially grew to $185B. “About 10 years ago, we made a commitment to move 10% of Berkshire Hathaway resources and turn it over to a person who was not well known at the time. We did that by roughly spending $35B to buy stock in Apple. We turned that money over to Apple to essentially make Berkshire look good without any work by us…which is our preferred way of operating. Ten years later, the $35B — counting dividends, realized appreciation and unrealized appreciation — has turned into $185B pretax. And I didn’t have to do a damn thing. Our largest holding is still Apple [$60B+]. When Tim Cook went into the top position at Apple [in 2011], he succeeded a legend. Steve Jobs. Everyone in America knew his name. Not many knew Tim’s name. Steve did these marvelous things, developing products and he had an untimely death. Everyone asked who would run the company. […] How would you like to step in the shoes of Steve and come through with [Cook’s record]? It’s one of the miracles of American business management. Anyway, thank you Tim.”

New vehicle sales continue marching up. Pleasant to see export volumes starting to tick up based on the sales increase of passenger vehicles. However, export sales of light commercial vehicles remain impacted by the Hilux model change. The 2HY26 will be lit.

A gauge measuring South African manufacturer sentiment rose in April to its best level in two years, driven by business activity and new sales orders bloomberg.com/news/articles/…

From Unlock the Stock: The company is responding to the RFQ issued by Chery. The biz is not experiencing supply chain challenges in the wake of the Iran war. Manco bullish the 9th generation Toyota Hilux and it appears the project went smooth. youtu.be/KpeHpevA7Vg?si…

And the debt over hang falls off including the risk of a forced capital raise or disposal. This gives management more room to focus on growth and efficiency improvements. moneyweb.co.za/mny_sens/metai…

This dog still has fleas. moneyweb.co.za/mny_sens/labat…

Byron Allen, Founder of Allen Media Group, explains how treating business like a contact sport unlocks unlimited capital: Byron once borrowed $310 million on a Friday to acquire the Weather Channel. He paid it back in five months. When the lender hit him with a $28 million prepayment penalty for closing too quickly, he paid that too. His philosophy on why capital is never the real obstacle: "Business is a contact sport. You're nothing more than economic athletes. They will see your passion. They will see your stats. And they will always want you on their team because you make them money." The framing shift here is everything. Byron sees founders as athletes whose performance is being evaluated by people who need them to win. "You have unlimited amounts of capital available to you if your hustle is at the highest level." @RealByronAllen drives the point home: "Keep your hustle at the highest level because capital is always looking for you to get the money back and a return. There's trillions and trillions and trillions of dollars of capital looking for you. Go get it." The takeaway: Capital is hunting for operators who can put up the stats. Hustle at the highest level, and the money will find you.

Chinese sport-utility vehicle maker Jetour will produce its adventure T1 and T2 models in South Africa from 2027 at the Rosslyn plant being acquired by its parent company, Chery , from Nissan , it said on Wednesday. reuters.com/world/asia-pac…

The new electric VW Polo is finally HERE - and it'll cost the same as the petrol one 👀 buff.ly/AZkJvfn

CHINESE CARS FACE RE-SALE TEST Combined Motor Holdings has warned that the rapid rise of Chinese and Indian car brands in South Africa will face a key test as these vehicles begin to enter the used-car market in larger numbers. Imports now account for about 55% of new-vehicle sales, with Chinese brands alone holding roughly 17% of the market. While demand has been driven by competitive pricing and improved quality, CMH says the long-term resale performance of these vehicles remains uncertain. Nearly new models have so far held their value, but the behaviour of higher volumes of five- to six-year-old vehicles has yet to be tested. Link in bio for more

The cost of selling cars cheap. Simply not sustainable.

@hazelwood_dave They inherently do - bitumen is the bottom of the "crude oil barrel" and a by product. The problem facing SA is the loss of refining capacity (Engen, SAPREF) - less crude processed. Raubex had already flagged this problem from as far as 2023 when they had to start importing.

So it appears South African refineries no longer make bitumen and we imports most of our needs. Road building could be hit depending on stock holdings. engineeringnews.co.za/article/bitume…

Mitsubishi brings Vietnam coal plant online with Asia-only fuel chain Fossil fuel stability gets spotlight amid Middle East crude oil supply crisis s.nikkei.com/4cE1EBV

Today I learnt the government used hallucinated data to draft the AI Policy making it fundamentally flawed and potentially unconstitutional. The same government is confusing EV batteries with hydrogen fuel cells, two entirely different technology stacks. We are attempting to regulate technologies we don’t fully understand.

Chery confirms it will produce the Jetour T2 at the recently acquired plant in Rosslyn. The plant is currently undergoing a multi billion upgrade and will likely produce up to 3 models. Cars will start rolling off the production line from 2027. #goog_rewarded" target="_blank" rel="nofollow noopener">sundayworld.co.za/breaking-news/…

Throwback to a month ago when the doomers and their "side kick" informed us that SA will run out of fuel.