By Dave Mohr (Chief Investment Strategist) & Izak Odendaal (Investment Strategist), Old Mutual Multi-Managers. Hopes of a pre-Christmas rally on global equity markets were dashed last week. The optimism around a thawing in US-China trade relations following the G20 Summit in Buenos Aires lasted barely a day before it became clear that there was widespread […]
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Hawkish SARB raises interest rates
By Maarten Ackerman, Chief Economist and Advisory Partner, Citadel A hawkish South African Reserve Bank (SARB) has taken the decision to increase the interest rate by 25 basis points to 6.75%. (more…)
Fuel price pushes inflation to 5.1%
By Mamello Matikinca, FNB Chief Economist. Consumer price inflation rose 5.1% y/y in October from 4.9% in September; this was marginally lower than our expectation of a 5.2% y/y rise. The main driver behind the acceleration was the 99c/l rise in fuel prices, which translated into a 10.5% y/y rise in transport inflation – this […]
What to expect from November’s interest rate decision
By Maura Feddersen, Economist at PwC Strategy&. The last Monetary Policy Committee (MPC) meeting of the South African Reserve Bank (SARB) in 2018 is well underway, with policymakers considering the possibility of a rate hike in November against the backdrop of rising inflation expectations. (more…)
Global growth is out of sync – what’s in store for SA
By Reza Hendrickse, Portfolio Manager at PPS Investments. Global economic expansion fell out of sync this year unlike the previous two years as global growth appeared to have plateaued. This is evident in Q3 where the performance has been less than spectacular. (more…)
Interest rates remain unchanged
Luigi Marinus, Portfolio Manager at PPS Investments. The South African Reserve Bank governor announced the Monetary Policy Committee (MPC) decision to keep the repo rate unchanged at 6.5%. Two factors that lead to this decision were the MPC forecasting inflation to peak at 5.9% – which is below the top of the target band – […]
Efficiency key to overcoming tough economic conditions, says FNB
Following the South African Reserve Bank’s decision earlier today to keep interest rates at their previous level, FNB will maintain its prime lending rate at 10% and review its position following the next SARB MPC meeting in November. (more…)
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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FSCA takes enforcement action against STANLIB
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Changes made to the PPS Balanced Index Tracker Fund
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Three investing lessons from 2018
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What does 2019 hold for SA financial advisers?
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Protection of Personal Information Act – Regulations published
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FSCA takes enforcement action against STANLIB
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The biggest loser in insurance fraud is our struggling economy
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Sanlam to acquire a stake in listed real estate specialist Catalyst Fund Managers
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The Challenge Culture – Why the Most Successful Organizations Run on Pushback By Nigel Travis
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Efficiency key to overcoming tough economic conditions, says FNB
