Today we are taking a look at: Rand remains on the back foot Oil was set for a second weekly gain after a smaller-than-expected gain in U.S. crude stockpiles; Gold held steady Global markets under pressure on renewed coronavirus concerns The US leading index rose by 0.8%; UK Retail Sales increased 0.8% year-on-year
By Gerhard Zeelie, Head of Property Finance Africa: Nedbank CIB As South Africa's medium-term economic growth prospects become increasingly uncertain, many local and international property investors are finding it necessary to shift their focus elsewhere while they wait for stability and a clear growth path to be restored for the country. Possibly as a consequence [...]
Nedbank expects South Africa's economy to register an expansion of 1% next year. Business Day TV spoke to Avinash Kalkapersad from Nedbank CIB about the factor's driving that forecast. https://www.youtube.com/watch?v=TXV3qFiEIlE In partnership with Business Day TV. You have shown interest in this video, you might find Markets and Research relevant as well.
Inflation has dropped to an 8 year low but will this be enough to prompt the SARB to cut interest rates? Business Day TV spoke to Reezwana Sumad from Nedbank CIB to find out. https://www.youtube.com/watch?v=4M1hquhu3mM In partnership with Business Day TV. You have shown interest in this video, you might find Markets and Research relevant [...]
London, 20 November 2019: Africa Finance Corporation (“AFC,” the “Corporation” or the “Borrower”), Shinhan Bank London Branch and South Africa’s Nedbank Limited, London Branch (both the “Bookrunner and Mandated Lead Arrangers” or the “BMLAs”) are pleased to announce the successful closing of AFC’s inaugural US$140,000,000 Kimchi Term Loan Facility (“Facility”). The Facility is AFC’s first [...]
By Duncan Abel, Principal: Energy Finance at Nedbank CIB Given the ongoing challenges facing energy supply in South Africa, it's easy to take a pessimistic view on the development of the sector in this country. However, as is so often the case, when we become consumed with focusing on the problems, we run the risk [...]