National Treasury

Technology is key to the treasury of tomorrow

By | 2019-10-20T19:36:57+02:00 September 27th, 2019|Finance, Investment Banking, Transactional Services|

By Sheetal Shah; Head of Transactional Banking Sales: Nedbank CIB SOURCE: Reprinted from Treasury Management International (TMI)’s The Southern African Treasurer: Futureproofing Treasury, 2019. This article may not be reproduced without permission.’ In recent years, the role of the corporate treasury has been steadily evolving and transforming. Over the past decade, since the global financial [...]

Monthly Insights: March 2019

By | 2019-03-11T13:20:38+02:00 March 11th, 2019|Finance, General, Watch This|

  Executive Summary There has been a broad decline in inflation rates across the world, including a sharp downward surprise in our own (SA) inflation print for January. Lower energy prices, a decline in raw material and machinery costs, as well as falling demand-pull inflation have been key reasons for the falling inflation trajectory [...]

Daily Market Commentary: 11 October 2018

By | 2018-10-24T09:21:51+02:00 October 11th, 2018|Markets and Research|

Today we are taking a look at: National Treasury announces another switch auction, mixed reaction, SAGBs bear steepening VBS joins the list of failed local institutions Oil headed for the biggest two-day drop since July as a rout in stocks spread to commodity markets Weakness in global equity markets continued on concerns that higher US [...]

MTBPS Preview: Fiscal slippage vs. Fiscal consolidation

By | 2017-09-12T13:27:41+02:00 September 12th, 2017|Markets and Research|

Executive Summary We are currently in a low-growth trap and this will likely weigh significantly on the revenue outlook over the medium-term. Unless confidence levels are boosted, SA is likely to achieve fractional or low single-digit growth rates over the next three to five years. We anticipate a 50bps miss in the 2017/18 growth forecast, [...]