{"id":159861,"date":"2017-02-26T19:00:58","date_gmt":"2017-02-26T17:00:58","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=159861"},"modified":"2017-02-24T18:08:48","modified_gmt":"2017-02-24T16:08:48","slug":"how-pravin-gordhans-investment-portfolio-performed-over-the-past-year","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/finance\/159861\/how-pravin-gordhans-investment-portfolio-performed-over-the-past-year\/","title":{"rendered":"How Pravin Gordhan\u2019s investment portfolio performed over the past year"},"content":{"rendered":"<p>A recent document released by Parliament\u2019s ethics committee reveals that finance minister Pravin Gordhan held shares in more than 35 JSE-listed companies in 2016.<\/p>\n<p>The ministers\u2019 portfolio includes shares in the banking industry, mining, real estate investment trusts, retailers, and the telecommunications sector.<\/p>\n<p>In addition the finance minister owns a property in Groenkloof, and a 120 square metre flat in Durban.<\/p>\n<p>BusinessTech\u00a0looked at how Gordhan&#8217;s JSE-specifc investments have\u00a0performed over the past year, based on their opening share price on 23 February 2016 and 23 February 2017.<\/p>\n<p>We included the number of shares Gordhan holds in these companies and value but deliberately excluded trusts, non-JSE companies and preference shares.<\/p>\n<p><strong>Pravin Gordhan&#8217;s share portfolio performance<\/strong><\/p>\n<div class=\"bt_table\">\n<div class=\"table-responsive\"><table class=\"table\" width=\"100%\" cellspacing=\"0\" cellpadding=\"6\">\n<tbody>\n<tr>\n<th bgcolor=\"#CCCCCC\" width=\"25%\">Company<\/th>\n<th style=\"text-align: center;\" bgcolor=\"#CCCCCC\" width=\"15%\">Number of Shares held<\/th>\n<th style=\"text-align: center;\" bgcolor=\"#CCCCCC\" width=\"15%\">Nominal value (rands)<\/th>\n<th style=\"text-align: center;\" bgcolor=\"#CCCCCC\" width=\"15%\">Share price on 23 February 2016 (open price ZAR)<\/th>\n<th style=\"text-align: center;\" bgcolor=\"#CCCCCC\" width=\"15%\">Share price on 23 February 2017 (open price ZAR)<\/th>\n<th style=\"text-align: center;\" bgcolor=\"#CCCCCC\" width=\"15%\">12-month Change\u00a0(%)<\/th>\n<\/tr>\n<tr>\n<td>Bidvest<\/td>\n<td style=\"text-align: center;\">350<\/td>\n<td style=\"text-align: center;\">R125 583<\/td>\n<td style=\"text-align: center;\">R108.93<\/td>\n<td style=\"text-align: center;\">R160.51<\/td>\n<td style=\"text-align: center;\"><strong><span style=\"color: #008000;\">+84.4%<\/span><\/strong><\/td>\n<\/tr>\n<tr>\n<td>Tiger Brands<\/td>\n<td style=\"text-align: center;\">150<\/td>\n<td style=\"text-align: center;\">R51 531<\/td>\n<td style=\"text-align: center;\">R291.90<\/td>\n<td style=\"text-align: center;\">R415.70<\/td>\n<td style=\"text-align: center;\"><strong><span style=\"color: #008000;\">+48.9%<\/span><\/strong><\/td>\n<\/tr>\n<tr>\n<td>Standard Bank<\/td>\n<td style=\"text-align: center;\">900<\/td>\n<td style=\"text-align: center;\">R10 6191<\/td>\n<td style=\"text-align: center;\">R108.75<\/td>\n<td style=\"text-align: center;\">R143.96<\/td>\n<td style=\"text-align: center;\"><strong><span style=\"color: #008000;\">+42.3%<\/span><\/strong><\/td>\n<\/tr>\n<tr>\n<td>BHP Billiton PLC<\/td>\n<td style=\"text-align: center;\">200<\/td>\n<td style=\"text-align: center;\">R36 514<\/td>\n<td style=\"text-align: center;\">R162.02<\/td>\n<td style=\"text-align: center;\">R220.00<\/td>\n<td style=\"text-align: center;\"><strong><span style=\"color: #008000;\">+39.8%<\/span><\/strong><\/td>\n<\/tr>\n<tr>\n<td>Imperial Holdings Ltd<\/td>\n<td style=\"text-align: center;\">100<\/td>\n<td style=\"text-align: center;\">R133 337<\/td>\n<td style=\"text-align: center;\">R130.00<\/td>\n<td style=\"text-align: center;\">R170.81<\/td>\n<td style=\"text-align: center;\"><strong><span style=\"color: #008000;\">+39.7%<\/span><\/strong><\/td>\n<\/tr>\n<tr>\n<td>Nedbank<\/td>\n<td style=\"text-align: center;\">100<\/td>\n<td style=\"text-align: center;\">R17 366<\/td>\n<td style=\"text-align: center;\">R185.00<\/td>\n<td style=\"text-align: center;\">R239.36<\/td>\n<td style=\"text-align: center;\"><strong><span style=\"color: #008000;\">+38.4%<\/span><\/strong><\/td>\n<\/tr>\n<tr>\n<td>Impala Platinum Holding<\/td>\n<td style=\"text-align: center;\">4<\/td>\n<td style=\"text-align: center;\">R202<\/td>\n<td style=\"text-align: center;\">R34.00<\/td>\n<td style=\"text-align: center;\">R49.28<\/td>\n<td style=\"text-align: center;\"><strong><span style=\"color: #008000;\">+35.2%<\/span><\/strong><\/td>\n<\/tr>\n<tr>\n<td>Spurcorp<\/td>\n<td style=\"text-align: center;\">500<\/td>\n<td style=\"text-align: center;\">R1 600<\/td>\n<td style=\"text-align: center;\">R28.75<\/td>\n<td style=\"text-align: center;\">R33.94<\/td>\n<td style=\"text-align: center;\"><strong><span style=\"color: #008000;\">+23.4%<\/span><\/strong><\/td>\n<\/tr>\n<tr>\n<td>Pick n Pay Holdings Ltd<\/td>\n<td style=\"text-align: center;\">500<\/td>\n<td style=\"text-align: center;\">R15 700<\/td>\n<td style=\"text-align: center;\">R58.57<\/td>\n<td style=\"text-align: center;\">R69.08<\/td>\n<td style=\"text-align: center;\"><strong><span style=\"color: #008000;\">+21.1%<\/span><\/strong><\/td>\n<\/tr>\n<tr>\n<td>Naspers<\/td>\n<td style=\"text-align: center;\">120<\/td>\n<td style=\"text-align: center;\">R237 600<\/td>\n<td style=\"text-align: center;\">R1 814.00<\/td>\n<td style=\"text-align: center;\">R2 202.28<\/td>\n<td style=\"text-align: center;\"><strong><span style=\"color: #008000;\">+20.0%<\/span><\/strong><\/td>\n<\/tr>\n<tr>\n<td>Growthpoint<\/td>\n<td style=\"text-align: center;\">6 000<\/td>\n<td style=\"text-align: center;\">R142 680<\/td>\n<td style=\"text-align: center;\">R24.92<\/td>\n<td style=\"text-align: center;\">R26.63<\/td>\n<td style=\"text-align: center;\"><strong><span style=\"color: #008000;\">+15.1%<\/span><\/strong><\/td>\n<\/tr>\n<tr>\n<td>Hyprop<\/td>\n<td style=\"text-align: center;\">1 500<\/td>\n<td style=\"text-align: center;\">R176 710<\/td>\n<td style=\"text-align: center;\">R110.31<\/td>\n<td style=\"text-align: center;\">R120.31<\/td>\n<td style=\"text-align: center;\"><strong><span style=\"color: #008000;\">+14.7%<\/span><\/strong><\/td>\n<\/tr>\n<tr>\n<td>EOH Holdings Ltd<\/td>\n<td style=\"text-align: center;\">430<\/td>\n<td style=\"text-align: center;\">R58 247<\/td>\n<td style=\"text-align: center;\">R134.29<\/td>\n<td style=\"text-align: center;\">R145.50<\/td>\n<td style=\"text-align: center;\"><strong><span style=\"color: #008000;\">+10.8%<\/span><\/strong><\/td>\n<\/tr>\n<tr>\n<td>Mr Price\u00a0Group<\/td>\n<td style=\"text-align: center;\">80<\/td>\n<td style=\"text-align: center;\">R14 328<\/td>\n<td style=\"text-align: center;\">R160.05<\/td>\n<td style=\"text-align: center;\">R165.82<\/td>\n<td style=\"text-align: center;\"><strong><span style=\"color: #008000;\">+7.5%<\/span><\/strong><\/td>\n<\/tr>\n<tr>\n<td>Spar<\/td>\n<td style=\"text-align: center;\">600<\/td>\n<td style=\"text-align: center;\">R128 346<\/td>\n<td style=\"text-align: center;\">R178.00<\/td>\n<td style=\"text-align: center;\">R180.19<\/td>\n<td style=\"text-align: center;\"><strong><span style=\"color: #008000;\">+6.3%<\/span><\/strong><\/td>\n<\/tr>\n<tr>\n<td>Rand Merchant Investment<\/td>\n<td style=\"text-align: center;\">2 500<\/td>\n<td style=\"text-align: center;\">R102 500<\/td>\n<td style=\"text-align: center;\">R39.48<\/td>\n<td style=\"text-align: center;\">R40.55<\/td>\n<td style=\"text-align: center;\"><strong><span style=\"color: #008000;\">+5.8%<\/span><\/strong><\/td>\n<\/tr>\n<tr>\n<td>MTN<\/td>\n<td style=\"text-align: center;\">400<\/td>\n<td style=\"text-align: center;\">R52 864<\/td>\n<td style=\"text-align: center;\">R127.90<\/td>\n<td style=\"text-align: center;\">R119.50<\/td>\n<td style=\"text-align: center;\"><strong><span style=\"color: #008000;\">+2.3%<\/span><\/strong><\/td>\n<\/tr>\n<tr>\n<td>ASPEN<\/td>\n<td style=\"text-align: center;\">300<\/td>\n<td style=\"text-align: center;\">R95 214<\/td>\n<td style=\"text-align: center;\">R289.00<\/td>\n<td style=\"text-align: center;\">R285.00<\/td>\n<td style=\"text-align: center;\"><strong><span style=\"color: #ff0000;\">-0.4%<\/span><\/strong><\/td>\n<\/tr>\n<tr>\n<td>Remgro Ltd<\/td>\n<td style=\"text-align: center;\">75<\/td>\n<td style=\"text-align: center;\">R15 455<\/td>\n<td style=\"text-align: center;\">R237.88<\/td>\n<td style=\"text-align: center;\">R224.00<\/td>\n<td style=\"text-align: center;\"><strong><span style=\"color: #ff0000;\">-3.3%<\/span><\/strong><\/td>\n<\/tr>\n<tr>\n<td>Reinet Investment SCA<\/td>\n<td style=\"text-align: center;\">2 000<\/td>\n<td style=\"text-align: center;\">R66 100<\/td>\n<td style=\"text-align: center;\">R30.40<\/td>\n<td style=\"text-align: center;\">R27.55<\/td>\n<td style=\"text-align: center;\"><strong><span style=\"color: #ff0000;\">-7.3%<\/span><\/strong><\/td>\n<\/tr>\n<tr>\n<td>Sasol<\/td>\n<td style=\"text-align: center;\">250<\/td>\n<td style=\"text-align: center;\">R112 822<\/td>\n<td style=\"text-align: center;\">R423.50<\/td>\n<td style=\"text-align: center;\">R375.49<\/td>\n<td style=\"text-align: center;\"><strong><span style=\"color: #ff0000;\">-7.6%<\/span><\/strong><\/td>\n<\/tr>\n<tr>\n<td>Steinhoff International Holdings<\/td>\n<td style=\"text-align: center;\">600<\/td>\n<td style=\"text-align: center;\">R52 980<\/td>\n<td style=\"text-align: center;\">R78.97<\/td>\n<td style=\"text-align: center;\">R70.94<\/td>\n<td style=\"text-align: center;\"><strong><span style=\"color: #ff0000;\">-8.2%<\/span><\/strong><\/td>\n<\/tr>\n<tr>\n<td>Woolies (Woolworths Holdings)<\/td>\n<td style=\"text-align: center;\">200<\/td>\n<td style=\"text-align: center;\">R18 110<\/td>\n<td style=\"text-align: center;\">R83.14<\/td>\n<td style=\"text-align: center;\">R69.71<\/td>\n<td style=\"text-align: center;\"><strong><span style=\"color: #ff0000;\">-13.0%<\/span><\/strong><\/td>\n<\/tr>\n<tr>\n<td>SABMiller PLC<\/td>\n<td style=\"text-align: center;\">100<\/td>\n<td style=\"text-align: center;\">R91 800<\/td>\n<td style=\"text-align: center;\">R889.78<\/td>\n<td style=\"text-align: center;\"><em>Delisted<\/em><\/td>\n<td style=\"text-align: center;\"><em>Delisted<\/em><\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<hr \/>\n<p><strong>Read:\u00a0<a href=\"https:\/\/businesstech.co.za\/news\/business\/159351\/this-is-what-pravin-gordhans-jse-investment-portfolio-looks-like\/\" target=\"_blank\">This is what Pravin Gordhan\u2019s JSE investment portfolio looks like<\/a><\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Finance minister Pravin Gordhan has share holdings in over 35 JSE listed companies &#8211; this is how his portfolio has performed over the past 12 months.<\/p>\n","protected":false},"author":10,"featured_media":32487,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11121],"tags":[26],"class_list":["post-159861","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","tag-headline"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/159861","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=159861"}],"version-history":[{"count":14,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/159861\/revisions"}],"predecessor-version":[{"id":159969,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/159861\/revisions\/159969"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/32487"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=159861"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=159861"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=159861"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}