12 South African Stocks To Watch In 2015

Written by Julia Austin


Attacq is a capital growth fund in South Africa that operates in the real estate sector. Mkhwanazi says the company has grown its net asset value per share by 20 percent per year since 2005. International investments have also exposed the company to Europe and areas throughout Africa. Mkhwanazi believes the company’s NAVPS will continue to grow for at least another three years. On Dec. 9 2014, the company raised 640 million rand ($55.17 million USD) in an accelerated book build — a short-term offering of new equity shares.

Source: Cnbcafrica.com