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20 May 2022

Strong recovery in UK boosts Investec

20 May 2022  / Adriaan Kruger
Management indicates that performance is set to continue, if not improve.

Afrimat’s move into mining pays off big time

20 May 2022  / Ciaran Ryan
Seven years after diversifying into iron ore mining, Afrimat rides the commodity wave.

Revised Sars Service Charter pleases some, but not all

20 May 2022  / Amanda Visser
Document is far more detailed than 2018 version.

Is this strike season different?

19 May 2022  / Fifi Peters
'It's not just the lower-income groups that are struggling … your middle income groups are feeling just as much of the brunt’: Chris Jacobs – director, OIM International.

Market Watcher: Rand gives repo rate decision the thumbs-up

19 May 2022  / Fifi Peters
RMB's John Cairns talks the local currency's moves, today's MPC meeting, and SA's growth forecast.
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Sarb hikes repo rate by 50bps

19 May 2022  / Suren Naidoo
In the wake of spiking global inflation.

Why is DStv giving away Disney+ for free?

19 May 2022  / Moneyweb
And why is it offering discounted bundled offers?

LIVE ARCHIVE: Reserve Bank announces interest rate decision

19 May 2022  / Footage: Courtesy of SARB
Sarb governor Lesetja Kganyago is due to speak at 15:00.

10-bagger Transaction Capital casts its eye abroad after 10 years on JSE

19 May 2022  / Ciaran Ryan
After delivering another set of blistering financials.

Tongaat Hulett chair Louis von Zeuner resigns with immediate effect

19 May 2022  / Nondumiso Lehutso
But he will remain on the board to assist with a smooth transition and handover until June 30, 2022.

Sharp drop in CA candidates writing ITC exam

19 May 2022  / Nondumiso Lehutso
Recruiter raises concerns, saying the decline comes amid a boom in global demand for South African-qualified chartered accountants.

[TOP STORY] Food inflation – are we watching that 70s show?

19 May 2022  / Simon Brown
Food inflation is something everyone engages with very frequently [which] makes it a very important phenomenon and in fact a very important political phenomenon: Thalia Petousis of Allan Gray.

Stefanutti, WBHO and Aveng settle multi-million-rand civil damages claim

19 May 2022  / Roy Cokayne
Each will pay R31.5m over the next three years for collusion and bid-rigging on Green Point Stadium project.

Petrol price horror

19 May 2022  / Adriaan Kruger
Fuel prices have doubled in five years, pushing inflation and interest rates up.

Naspers and Prosus push JSE lower, again

19 May 2022  / Adriaan Kruger
Investors see Tencent's results as 'disappointing' amid uncertainty of Chinese government actions.

Sarb eyes digital rand to cut cross-border payment costs

19 May 2022  / Rachel Savage and Promit Mukherjee, Reuters
It costs 13% of a transaction to remit money from SA to another country, more than double the average of the Group of 20 leading global economies.

'Boring' gold vs heart-stopping Bitcoin

19 May 2022  / Ciaran Ryan
Sometimes boring is better.

Age of scarcity begins with $1.6trn hit to world economy

19 May 2022  / Maeva Cousin, Tom Orlik and Bryce Baschuk, Bloomberg
Russia’s invasion of Ukraine and China’s Covid Zero lockdowns are disrupting supply chains, hammering growth and pushing inflation to forty-year highs.

At 70, what is the best investment one can make with R500k?

19 May 2022  / Michael Haldane
Should one consider high dividend-yielding ETFs like the Satrix Divi?...

Tencent disappoints after lockdowns, crackdown wipe out growth

18 May 2022  / Zheping Huang, Bloomberg
Naspers, Prosus shares take a knock.

Why Sanral cancelled more than R17bn in ‘priority project’ tenders

18 May 2022  / Nzinga Qunta
‘We hear what industry is saying – that this is chaos, but I think it would be more chaotic if board resolutions are ignored’: Vusi Mona, Sanral.



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  So, the overindebted ANC is taking on more debt to avoid bankruptcy. How does another nation guarantee the debt of a nation that cannot guarantee its own debt? Who would be interested in a debt for equity swap in an entity that is clearly already bankrupt? It is like buying shares in a ban...  


  I'm no economist but is there really a link between raising the rates, and curbing inflation? I mean does it actually work?? All I see is the few people who do have money, now spending even less in restaurants, home improvements, etc...which is exactly the opposite of what SA needs....  


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