Tag Archiveseconomics

Adriaan Pask, CIO at PSG Wealth

‘Green shoots appearing in SA economy’ 

It has been a cold winter for the South African economy, but there are many green shoots appearing, says PSG Wealth CIO, Adriaan Pask. “I dare say, we are feeling excited about what may transpire in the months ahead,” says Pask. (more…)

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 Gielie de Swardt, head of Retail Distribution at Sanlam Investments

US economy sees relief from subdued trade disputes in September

By Gielie de Swardt, head of Retail Distribution at Sanlam Investments. The US economy enjoyed relief from subdued trade disputes, which served to increase investor optimism. While the United States followed through with $200 billion in new tariffs initiated in August, negotiations neutralised after China responded in turn with a 10% tariff on imports. (more…)

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Arthur Kamp of Sanlam Investments

Sifting the fleeting from the fundamentally important

Essentially, when there is uncertainty in the market around the outcomes of economic policy it can cause a lot of volatility in asset prices. So, the key thing is to keep an eye on those long-term values.  This is according to economist at Sanlam Investments, Arthur Kamp. (more…)

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Maarten Ackerman

Making friends of enemies, and enemies of friends

By Maarten Ackerman, Chief Economist and Advisory Partner, Citadel. The policy response to the 2008 Global Financial Crisis set in motion the geopolitical trends that would eventually see the pivot from leaders such as Barack Obama, Gordon Brown and Angela Merkel to the populism of Trump and Brexit. (more…)

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Interest rate hike unlikely tomorrow

By Adriaan Pask, Chief Investment Officer, PSG Wealth. Indications that South Africa’s economy remained weak at the start of the third quarter of this year make it unlikely that the South African Reserve Bank’s (SARB) monetary policy committee will hike interest rates tomorrow (Thursday, 20 Sep). (more…)

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2Q18 GDP confirms technical recession

By Jason Muscat, FNB Senior Economic Analyst. South Africa’s economy contracted by -0.7% qq (seasonally adjusted and annualised) in 2Q18, the second consecutive contraction, which confirmed that the country entered a technical recession in the second quarter. (more…)

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Bianca Botes, corporate treasury manager at Peregrine Treasury Solutions

Rand plummets as SA enters recession

By Bianca Botes, Corporate Treasury Manager at Peregrine Treasury Solutions. After breaking through R15.00/$ this morning, the ZAR slipped to R15.12 after news broke that the South African economy had slipped into a technical recession with GDP falling -0.7% quarter-on-quarter annualised and rising by only 0.4% year-on-year and undershooting market expectations. This follows a restated […]

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IMF, Treasury, economy, GDP, unemployment, International Monetary Fund

IMF publishes outcome of Article IV consultation with SA

The International Monetary Fund (IMF) has today published the outcome of its Article IV consultation with South Africa that took place between 28 May and 11 June 2018. (more…)

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