SA needs a collaborative, proactive approach to sustainable water resilience

By | 2018-09-19T06:06:18+00:00 September 18th, 2018|Agriculture, Finance, General|

By Brad Pearse; Principal - Private Equity: Nedbank CIB The decent rains that have fallen in the Western Cape in recent months have helped to push out the feared ‘Day Zero’ and alleviated the immediate water access concerns of residents in the region. However, while they brought much needed short-term relief, the increasingly intermittent nature [...]

Monthly Insights: September 2018

By | 2018-09-11T14:32:59+00:00 September 11th, 2018|Finance, General, Markets and Research, Watch This|

  Executive Summary ·        SA GDP growth is expected to rebound, albeit marginally, in 2Q18, mainly as a result of the low base effect afforded by the deep 1Q18 contraction. The Nedbank Group Economic Unit forecasts 2Q18 growth at 0.2% quarter-on-quarter, before recovering modestly in the following two quarters. ·        A burning issue at the moment [...]

Global pharmaceutical giant, Aspen, and Nedbank CIB close EUR3,4bn multi-currency funding deal

By | 2018-09-11T08:17:32+00:00 August 29th, 2018|Finance, General|

The international group, Aspen Pharmacare Holdings, recently appointed Nedbank Corporate and Investment Banking (CIB), together with MUFG Bank Ltd, to act as joint mandated facility coordinator, lead arranger and bookrunner for the provision of multi-currency syndicated funding facilities worth a total of approximately EUR3,4bn. In addition to successfully facilitating the completion of the syndicated funding [...]

Monthly Insights: August 2018

By | 2018-08-08T13:48:30+00:00 August 8th, 2018|Finance, Markets and Research, Watch This|

  Executive Summary ·        There were a few bright spots in the economy in recent months – even though the manufacturing PMI declined further in May and June, actual manufacturing production growth did rebound in May, while trade activity improved sharply in 2Q18 relative to 1Q18. While it does look like SA GDP growth may improve in [...]

Monthly Insights: July 2018

By | 2018-07-10T19:47:05+00:00 July 10th, 2018|Finance, Markets and Research, Watch This|

  Executive Summary ·        SA GDP came out even worse than the worst estimate in the analyst poll in 1Q18. GDP contracted by 2.2% q/q SAAR, from 3.1% growth in the previous quarter, worse than consensus of -0.5%. This was the worst quarterly print since 1Q09. All industries, sectors and expenditure items deteriorated other than government and [...]

Daily Market Commentary: 3 July 2018

By | 2018-07-03T08:18:42+00:00 July 3rd, 2018|Finance, Markets and Research|

Today we are taking a look at: Risk-off persists as trade war concerns loom, SAGB yields rise marginally intraday The rand remains vulnerable Gold price continues to fall; Oil price eases from its recent high amid reports by Bloomberg that Saudi exports have risen, Libyan oil output remains under pressure Global markets retreat on intensified [...]