Johan Steyn

Enthusiastic market watcher. Part time investor. Passionate about innovation and start-ups. Full time student of life and lover of good wine.

[Johan Steyn @jpsteyn]

Woolworths (WHL) FY26 Trading Update:
Mixed update. Group sales grew 4.3%, with Food (+5.7%) remaining the standout and Country Road returning to profitability. However, H2 slowed sharply as higher inflation, fuel prices & interest rates weighed on consumers.#JSE #WHL #Investing

[Johan Steyn @jpsteyn]

Mr Price FY26: Retail sales +4.3%, HEPS +8%, margins expanded and cash flow stayed strong. Demand soft, but execution remains solid. Market likes it, share up 14+% $MRP

[DogeDesigner @cb_doge]

Starlink has committed to a R500 million investment to connect 5,000 rural schools with free, high-speed internet, benefiting more than 2.4 million learners each year.

But it is still on hold.

Why? Because South African regulations require 30% local Black ownership for telecom licenses.

South African farmers and rural communities are asking the government to approve Starlink. In many remote areas, there is no internet access at all, and people have to drive several kilometers just to get basic connectivity.

The South African government is the enemy of its own people.

[Michael Jordaan @MichaelJordaan]

@grok Read the entire Zondo commission report and say which 5 persons would be the easiest to convict in an SA court based on existing evidence

[Gail Alfar @gailalfaratx]

Isn’t it ironic how Elon’s Starlink wants to drop free, unlimited, super-fast internet into 5,000 rural South African schools, but SA’s bureaucracy insists on saying no.

I think the 2.4 million kids in SA without proper access would benefit immensely. Starlink is even putting R500 million (about $29.4 million USD) on the table themselves, no cost to the government or the schools.
All they’re asking? A normal licence to operate in SA.

Here’s the crazy part: because of the 30% black-ownership rule (B-BBEE), ICASA keeps saying “nope.”

Starlink says, “Cool, we won’t sell shares, but we’ll just give you this giant school project instead,” using the same Equity Equivalent programme that Microsoft, Amazon and IBM already got approved with.

The Communications Minister is literally begging ICASA to accept it. Neighbours like Botswana, Zimbabwe and Mozambique are already connected and loving it.

Yet here we are, end of 2025, and those satellites are just flying over South Africa doing nothing while kids in the bundus still can’t pursue their dreams.

Come on, South Africa, don’t be the only country turning down free internet for millions of learners.
The irony, to me, is that Elon was born in South Africa, the very place that is telling him no to such a generopus offer!

[Johan Steyn @jpsteyn]

Crazy that we still spend R90billion py on SA Customs Union (Sacu) partners.

[Johan Steyn @jpsteyn]

Three possible ways to reduce state expenditure to avoid the VAT increase https://t.co/ccwgkwtdrf

[Johan Steyn @jpsteyn]

@feiyueshoes Is this the official South Africa online store: https://t.co/Al6LhGph1a

[Konstantin Kisin @KonstantinKisin]

It's called the Cobra Effect.

In colonial India, under British rule, the city of Delhi had a problem with cobras. To control the cobra population, the government offered a bounty for every dead cobra.

Huge numbers of dead cobra were handed in but the cobra problem got worse, not better. Why? Because people realised they could profit from this bounty by breeding cobras, not to kill them in the wild, but to kill them for the bounty. This turned into a small-scale cobra farming operation.

When the government became aware of this practice, they discontinued the bounty program. Without the incentive, the cobra breeders released their now-worthless snakes into the wild. As a result, the cobra population in Delhi ended up increasing rather than decreasing, exacerbated by the government's own policy.

[Johan Steyn @jpsteyn]

@FinanceGhost @Naspers Sad to see. Used to be the go-to source for news. Now it’s just chasing those clicks. Scandal, scandal, scandal. Nothing worth paying for

[Johan Steyn @jpsteyn]

Let’s hope this opening ceremony is better than the rugby WC one the Frenchies butchered!😂

[Johan Steyn @jpsteyn]

This sounds like one of those CFA exam case studies. The answer is definitely a clear ethical breach of the codes and standards but in practice 80% of charter holders would if they could!😆

[Ben Hunt @EpsilonTheory]

Hahaha! So let me get this straight … publishing a non-consensus price target and then trading out of the stock is now illegal? AYFKM? Hahahahaha!

[Johan Steyn @jpsteyn]

“Fall in love with some activity, and do it! Nobody ever figures out what life is all about, and it doesn’t matter. Explore the world. Don’t think about what you want to be, but what you want to do.”
— Richard Feynman, The Feynman Lectures on Physics

[Johan Steyn @jpsteyn]

Satellite component manufacturer CubeSpace secures R47m in funding https://t.co/4gSAcI1lvV via @BusinessLiveSA

[Johan Steyn @jpsteyn]

"The gap between knowing what you want and going after it is where fear thrives. You don’t need enough courage for the entire journey. You only need courage for the next step."

A tiny thought in the @farnamstreet newsletter

https://t.co/mVK5gcS2Zb

[Prof Thuli Madonsela #KindnessBuilds @ThuliMadonsela3]

In South Africa, if you are a state employee in Parliament or anywhere else, the Constitution enjoins you to ensure your actions & speech
* Heal the divisions of the past
* Advance equality in pursuit of social justice
* Uphold and not violate human dignity
* Comply with Ubuntu⚖️🕊

[Johan Steyn @jpsteyn]

@2lipnow @askash Yeah, that does not feel like the correct ballpark. Is that correct?

[Johan Steyn @jpsteyn]

@thejoshviljoen Pepkor, MTN and MRP

[Johan Steyn @jpsteyn]

So much for the rand strength from the interest rate hike 🙄

[Prof Thuli Madonsela #KindnessBuilds @ThuliMadonsela3]

@News24 Sadly this story omits the subtext that includes:
(1) The Rector’s Discretionary Placement (RDP) Powers;
(2)That the complaining students had not applied for the RD;
(3) That as soon as the concern was raised, the rector revoked the provisional placement;
(4) A policy lacuna