April 4, 2017

Nuusbrief – 4de April 2017

Die afgelope week het president Jacob Zuma ’n ingrypende kabinetskommeling aangekondig. Die minister van finansies Pravin Gordhan en die adjunkminister van finansies Mcebisi Jonas is al twee van hulle pligte onthef. Malusi Gigaba is die nuwe minister van finansies en Sfiso Buthelezi is die nuwe adjunkminister. Hulle is albei stoere […]
April 4, 2017

Newsletter – 4th April 2017

During the past week, President Jacob Zuma reconstituted his Cabinet drastically. Finance Minister Pravin Gordhan and Deputy Finance Minister Mcebisi Jonas were both relieved of their duties. Malusi Gigaba is the new Minister of Finance, while Sfiso Buthelezi is the new Deputy Minister. Both are staunch Zuma supporters and hail […]
March 13, 2017

Newsletter – 13th March 2017

On Wednesday, Statistics South Africa released the 2016 gross domestic product (GDP) figures for 2016. A fall in mining and manufacturing production in the final quarter of 2016 pulled South African economic growth into negative territory. According to these GDP figures, our economy contracted by 0.3% quarter-on-quarter.
March 13, 2017

Nuusbrief – 13de Maart 2017

Aan die begin van die week het markte ongeveer ’n 50% kans op rentekoersverhoging deur die VS se Federale Opemarkkomitee by sy Maartvergadering verdiskonteer. Teen die einde van die week sluit die markte egter met ’n byna 100% sekerheid dat ’n kwartpersentverhoging gaan volg. Aggressiewe kommentaar van die Fed-voorsitter Janet […]