The battle to remove Gordhan and ultimately President Cyril Ramaphosa from office is in full swing, writes Adriaan Basson.
a few tstorms. Morning clouds. Mild.
The JSE fell on Tuesday following heavy losses in Asia which were mainly attributed to worries about a deadly virus in China.
The famed investor's support of King marked "the first time there had been space in Warren's life for anything outside of moneymaking."
The drop from 6.6% growth in 2018 reflected a raft of challenges. China's birth rate and manufacturing investment also dropped to record lows.
"When you look at the geopolitical strife, how many foreign entities really want to hold dollars?" Bridgewater co-chief Greg Jensen told the Financial Times.
Palladium’s great start to the year pales in comparison to its lesser known, but much more expensive sister metal, rhodium.
Miners have surged over the past couple of sessions on the back of firmer metal commodity prices, which have risen on the back of the tensions between the USA and Iraq.
Gold punched above $1,600 for the first time since 2013, and oil spiked. But the gains fizzled. "They've barely scratched the US," says an analyst.
The Nasdaq topped the 9 000-point mark for the first time ever on Thursday, boosted in the session by Amazon after the company said customers shopped at record levels this holiday season.
Global bond traders who ventured into Africa this year have reaped rich rewards.
While the local unit usually strengthens over December, there are additional driving forces behind its recent rally, says an analyst.
The JSE closed softer on Monday following a relatively muted session in which the local bourse couldn’t gain significant momentum.
PSG Wealth’s Schalk Louw has worked through a number of investment company reports to determine their expectations for 2020. Despite having unique views on world markets, many companies share the same views on a number of themes they believe will emerge this year.
The banking titan also polled clients on when they expect the next US recession, and their predictions for US stocks and Fed rate cuts.
The JSE advanced on Tuesday primarily on the back of gains in the financials and industrials indices.
United States non-farm payrolls for the month of December came in lower than expected as the US economy added 145 000 jobs instead of the forecast 160 000 jobs.
The rand recovered from its earlier slump which saw it fall to a session low of R14.45/$. The local unit rallied to peak at a session high of R14.19/$ before it was recorded trading 0.44% firmer at R14.23 against the dollar.
The current strength of the rand appears to be "somewhat divorced" from actual sentiment around the SA economy, an emerging markets economist tells Fin24.
The surprise announcement that Boeing ousted its embattled CEO invigorated Wall Street, while trading was muted on European and Asian stock markets as many investors were already away for Christmas.
US agriculture officials added the fictional African nation and its supposed exports to test their Tariff Tracker, but neglected to remove it.
The pound fell over 1% against both the dollar and the euro. "This sets up another cliff-edge and could create yet more months of uncertainty," said one analyst.
Cape Townemerge R580 000.00 - R620 000.00 Per Year
Cape TownemergeR600 000.00 - R700 000.00 Per Year
Cape Town Southern Suburbs1st Contact T/A Sable International
R 3 750 000
R 4 495 000
R 18 000 000
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