South Africa recently implemented a nationwide lockdown to curb the coronavirus spread, which has seen mining firms curtail production. Business Day TV spoke to Nedbank CIB's Mining Analyst Arnold Van Graan about the mining sector's outlook, with the industry reportedly set to lose up to R1.5 billion per day due to the shutdown. https://www.youtube.com/watch?v=xyKc0h0u7gc [...]
Retail Sales increased in January, rising 1.2% year on year - indicating that consumers loosened their purse strings - somewhat - at the beginning of the year. And with Covid 19 spurring on a different kind of spend, one is left wondering what this spells for the sector moving forward. Joining Business Day TV with [...]
As the coronavirus continues to wreak havoc on markets worldwide - the JSE is 17% off its 2020 peak - while the rand is sitting above 16 to the dollar. Avinash Kalkapersad from Nedbank CIB joins Business Day TV to take a closer look at where they're seeing the opportunity amidst it all. [...]
Analysts and economists have largely welcomed the 2020 Budget with consumers being offered some tax relief and expenditure being cut by reigning in public sector wage bill, that’s been spiralling out of control. Only two of the right notes were struck on Wednesday but was it necessarily a Moody's budget? Was enough done to convince [...]
Consumer price inflation increased by 4.5% year-on-year in January 2020. And while this is up from December's 4% year-on-year increase and its highest up-tick in seven months, it still marks the fourteenth consecutive month that year-on-year inflation was at, or below the midpoint of the target band of 3-6%. Reezwana Sumad, of Nedbank CIB shares [...]
Risk appetite is gaining momentum, as fears around the coronavirus ease. Business Day TV spoke to Arnold Van Graan from Nedbank CIB about whether the impact of the virus is being underestimated. https://www.youtube.com/watch?v=uC9kZopkrmQ In partnership with Business Day TV. You have shown interest in this video, you might find Markets and Research relevant as well.