REMGRO
Industry: Investment Holding Company
Defensiveness: Very defensive, diversified by sectors, leading companies
Accessible listing: Frankfurt
Concentration Risk: High, most of the profit comes from south Africa, except for Mediclinic which has hospitals in Switzerland.
Growth: Good track record, linked to SA economy
Link: remgro.com
Quick note: Good defensive stock, excellent management taking an active role in investments. the holding has roughly an equal exposure to Finance, Healthcare, Consumer goods, Infrastructure, and Industrials.
MTN GROUP
Industry: Telecom operator
Defensiveness: Defensive
Accessible listing: Frankfurt
Concentration Risk: Low, large business with 280 million subscribers across Africa, mostly Nigeria and SA.
Growth: Organic growth in Data traffic, subscribers, and services
Link: https://www.mtn.com/
Quick note: Risks with regulators offset by local shareholder bases in biggest countries, large growth and massive scale and brand. Develops Mobile Money app with 40 million customers. Low quality management, divestments at the bottom of the cycle.
SANLAM
Industry: Insurance
Defensiveness: Defensive due to large capital reserves and prudent management
Accessible listing: Frankfurt
Concentration Risk: High, 2/3rd of the business in SA, but present in the whole of Africa+India
Growth: Good organic track record, linked to SA economy.
Link: https://www.sanlam.com/investorrelations/
Quick note: Good defensive stock, excellent management with a long term approach.
SHOPRITE
Industry: Food retail
Defensiveness: Very, apart from some minor furniture retailing segment.
Accessible listing: Frankfurt
Concentration Risk: High, 2/3rd of the business in SA, but present in Angola and Southern Africa.
Growth: Good organic track record, expands with new stores
Link: https://www.shopriteholdings.co.za/
Quick note: Often called the best retailer in Africa. Good Management, develops private label and delivery app.