Nomura job cuts begin as CEO unveils plan to save $1bn

2019-04-04 18:51

Nomura Holdings has unveiled plans to cut $1bn of costs at its struggling investment bank, firing dozens and pulling back from businesses as it embarks on yet another sweeping overhaul of its international operations.

Nomura joins list of banks burnt by Steinhoff meltdown

2018-02-02 07:50

In its third-quarter earnings report, Japan’s biggest brokerage said it booked an unrealised loss of about ¥14bn. The loss was tied to Steinhoff, say people with knowledge of the matter.

Why no confidence vote will fail regardless - economist

2017-08-06 19:49

The no confidence motion in President Jacob Zuma will fail regardless of whether it is a secret vote or not, according to an emerging markets economist.

'ANC offers no medicine to heal SA's economic wounds'

2017-07-05 20:38

The ANC's policy conference offered nothing to hint at an escape from the low growth trap haemorrhaging the economy, says an emerging markets economist.

Rand to trade stronger as markets hope for change in SA - economist

2017-06-26 18:49

Until SA exits the World Government Bond Index or there is another external shock, the rand is expected to trade at around R14/$ towards the end of 2017, says an economist.

There is no meaningful plan to avert more rating downgrades - economist

2017-06-10 14:30

There will be no meaningful structural reforms or political resolutions to avert further downgrades, Nomura emerging market economist Peter Montalto has said.

Competition Commission names 'currency colluders'

2017-02-17 13:41

The affidavit filed by the Competition Commission regarding currency price fixing by banks names the alleged rogue traders implicated.

Eskom is the ‘one risk to watch’ as SA veers towards junk status

2017-01-06 16:42

Eskom “will remain the one risk to watch with its increasingly monopolistic mind-set”, Nomura research into South Africa’s risks for 2017 has revealed.

Eskom's nuclear RFP launch surprises markets

2016-12-13 18:09

Markets have reacted negatively to the news that Eskom will launch a Request For Proposals for nuclear this week.

Mini budget could be too much for ratings agencies

2016-10-27 18:10

The mini budget has stretched pragmatism and space allowed by ratings agencies to the max - and maybe even beyond, says an emerging markets economist.


Nene rollercoaster takes Nomura from biggest rand bear to bull

2018-10-11 07:21

'Nene having to go despite not being found guilty of wrongdoing' is a sign that tolerance of corruption “'s much lower than it was in the past,' says a Nomura strategist.

Gigaba's credibility on the line in maiden mini budget

2017-10-25 13:30

In his mini budget Gigaba will remove much uncertainty surrounding his fiscal world view, says an emerging markets economist.

Why SARB needs Goldilocks for rate cut to work

2017-07-24 17:31

SARB needs a Goldilocks scenario in the medium term for its 25 basis points repo rate cut to be "OK", according to economist Peter Attard Montalto of Nomura.

SARB threat underestimated, warns economist

2017-06-30 17:28

The SA Reserve Bank is at risk of becoming a scapegoat for low growth into 2019, says emerging markets economist Peter Attard Montalto of Nomura.

SA economy likely to grow just 0.2% this year - economist

2017-06-13 17:41

South Africa's gross domestic product is likely to grow just 0.2% this year, according to emerging markets economist Peter Attard Montalto.

Doubtful if nuclear ruling will derail Moody's ratings cut - economist

2017-04-26 18:33

It is doubtful whether the nuclear high court decision would derail a ratings cut from Moody’s, according to emerging markets economist Peter Attard Montalto.

Four key signs to watch for in Budget 2017

2017-02-16 06:01

There are four key political areas to watch in the upcoming National Budget speech of 2017, says an emerging markets economist.

Outlook 2017: SA growth weak, but stronger than 2016

2016-12-30 12:01

SA asset prices should perform "ok", but mainly because there are more negative peers to compare to, says emerging markets economist Peter Attard Montalto.

Trump presidency could play up SA domestic woes - economist

2016-11-09 21:03

The surprise Trump victory has created a great deal of uncertainty and could play up SA domestic woes, say economists.

Sarb rates call: The devil will be in the detail

2016-09-20 20:14

There are likely to be no interest rate cuts by the SA Reserve Bank until the end of 2018, explains an emerging markets economist.

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