Crystallising value in B-BEE deals

By | 2019-11-12T11:37:37+02:00 November 12th, 2019|Uncategorized|

  When the Broad-Based Black Economic Empowerment (“B-BBEE”) Act, 2003 was promulgated, its primary intentions were to encourage and enable meaningful participation by black people in the South African economy, drive structural change within the senior management of organisations and facilitate equitable ownership of those organisations. While these were all noble intentions, it is important [...]

Daily Market Commentary: 6 November 2019

By | 2019-11-06T09:15:44+02:00 November 6th, 2019|Uncategorized|

Today we are taking a look at: US Treasuries bear steepened for the second consecutive session as long-end yields led declines Markets await catalyst for the next move Oil retreated from a six-week high as investors weigh indications of expanding American crude inventories and mixed signals on the progress of U.S.-China trade talks. Global stocks [...]

Daily Market Commentary: 5 November 2019

By | 2019-11-05T08:55:52+02:00 November 5th, 2019|Uncategorized|

Today we are taking a look at: US Treasury yields rose over US morning due to positive trade sentiment out of Asia The rand continues to post gains Oil halted gains near a one-week high as investors weigh expectations for expanding American crude stockpiles against signs of progress in the prolonged U.S.-China trade dispute Renewed [...]

Daily Market Commentary: 17 October 2019

By | 2019-10-17T11:26:21+02:00 October 17th, 2019|Uncategorized|

Today we are taking a look at: Load-shedding announcement causes yields to rise across the curve, in line with ZAR weakness Rand on the back foot as Eskom again falters Oil retreated in Asian trading after an industry report showed a sharp increase in U.S. crude stockpiles last week Positive sentiment created by corporate earnings [...]

Daily Market Commentary: 17 July 2019

By | 2019-07-17T08:24:01+02:00 July 17th, 2019|Uncategorized|

Today we are taking a look at: ·       A touch of risk off as trade concerns resurface and ZAR takes a bit of a hit with SAGBs opening a little weaker ·       USDZAR holds steady ahead of the MPC ·       Oil held its biggest loss in two weeks as President Donald Trump’s threat of new [...]

Daily Market Commentary: 28 September 2018

By | 2018-10-24T09:25:32+02:00 September 28th, 2018|Markets and Research, Uncategorized|

Today we are taking a look at: Risk assets continue to trade better, SAGB yields marginally lower USDZAR holds steady despite a dollar recovery, EM FX marginally upbeat, global majors weighed by dollar strength Brent crude costs remain elevated; gold continues to fall amid strong dollar The JSE ended Thursday’s session lower, while global markets [...]