Retirement Investment Breakfast Invitation 18 October 2019

Business Growth Workshop Invitation

Entrepreneurs Breakfast 26 July 2019

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Herewith the latest market information:

Prime : 10.25%
Gold (US$ per ounce) : 1 291.14 (-8.24)
Brent Crude (US$ per barrel) : 72.80 (+1.03)
Dow Jones : 25 862.00 (+0.84%)
JSE Alsi : 56 537.00 (+0.88%)
ZAR/US$ : 14.34 (-0.14)
ZAR / Euro : 16.02 (-0.13)
ZAR / GBP : 18.33 (-0.05)


Market moving events : Our market advanced nicely yesterday, following stronger world markets. Investec Limited had a good day after an increase in annual earings showed that it was resilient to a weaker SA economy and Brexit. The Rand took a klap in late trade after a warning by Moody’s regarding our bonds possibly slipping to “junk status”.

Positive Pointer : South African, Saray Khumalo, became the first black African woman to summit Mt Everest.

07052019

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Herewith the latest market information:

Prime : 10.25%
Gold (US$ per ounce) : 1 301.15 (+11.99)
Brent Crude (US$ per barrel) : 70.86 (+0.28)
Dow Jones : 26 341.00 (-0.32%)
JSE Alsi : 57 985.00 (+0.36%)
ZAR/US$ : 14.13 (-0.06)
ZAR / Euro : 15.91 (-0.12)
ZAR / GBP : 18.49 (-0.20)

Market moving events : The Rand softened yesterday ahead of key economic data due out later this week. The major indicator will be the business confidence index which will be published tomorrow. Our equity market was firmer with strong rallies in the gold and platinum prices, driving the resource shares.

Positive Pointer : uMkhuze Park in Northern KZN has bounced back from a devastaing drought in 2015 and is now on top of its ecological game. More lions have been successfully introduced to the park and it also hosts a healthy number of the critically endangered South African wild dog population.

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 Herewith the latest market information:

Prime : 10.25%
Gold (US$ per ounce) : 1 289.21 (-6.41)
Brent Crude (US$ per barrel) : 68.80 (-0.21)
Dow Jones : 26 179.00 (-0.30%)
JSE Alsi : 57 158.00 (+0.08%)
ZAR/US$ : 14.15 (+0.01)
ZAR / Euro : 15.88 (+0.01)
ZAR / GBP : 18.59 (-0.01)

Market moving events : After a great start to the week, our market eased off yesterday but still closed in positive territory. The Rand was initially quite a bit firmer but gave back some of the gains once analysts had digested the actual wording of the Moody’s opinion report on SA’s credit rating. The major market mover locally, will be Pravin Gorhan’s update on Eskom.

Positive Pointer: A group of 30 SA business people returned from a trip to Ghana on Sunday, confident that export deals will flow from the leads generated.

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Herewith the latest market information:

Prime : 10.25%
Gold (US$ per ounce) : 1 294.40 (-17.44)
Brent Crude (US$ per barrel) : 67.02 (-0.81)
Dow Jones : 25 717.00 (+0.36%)
JSE Alsi : 56 059.00 (-0.16%)
ZAR/US$ : 14.66 (-0.08)
ZAR / Euro : 16.47 (-0.06)
ZAR / GBP : 19.20 (+0.05)

Market moving events : Our market was marginally softer yesterday. This was after the Governer of the SA Reserve bank announced that the repo rate would remain the same, notwithstanding the fact that the inflation risk had lessened.

Positive Pointer: Another SA business success story – Capitec Bank shrugged off the critisism of its operating model by growing its client base by a whopping 700 000 new clients in the first 3 months of 2019.

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Herewith the latest market information:


Prime : 10.25%
Gold (US$ per ounce) : 1 307.10 (+10.09)
Brent Crude (US$ per barrel) : 67.13 (+0.46)
Dow Jones : 25 702.00 (+0.58%)
JSE Alsi : 55 829.00 (+0.23%)
ZAR/US$ : 14.46 (-0.17)
ZAR / Euro : 16.37 (-0.26)
ZAR / GBP : 19.17 (-0.42)


Market moving events : Our Rand weakened against all major currencies as investors stayed away from riskier assets ahead of another showdown over Brexit. Last night the British parliament voted against the UK exiting the European Union without a deal. The JSE was marginally stronger with Libstar and Aspen giving the bourse support.

Positive Pointer : The Proteas smashed Sri Lanka in the 4th ODI played in Port Elizabeth last night. They now lead the 5 match series 4 – 0.

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Prime : 10.25%
Gold (US$ per ounce) : 1 285.91 (+0.09)
Brent Crude (US$ per barrel) : 65.68 (-0.18)
Dow Jones : 25 673.00 (-0.52%)
JSE Alsi : 56 074.00 (+0.46%)
ZAR/US$ : 14.27 (-0.13)
ZAR / Euro : 16.13 (-0.12)
ZAR / GBP : 18.81 (-0.24)


Market moving events : The Rand weakened yesterday, pulled down by declining business confidence brought about by Eskom and a resurgent Dollar, which powered to a two-week high. Our market was stronger, led by Naspers. The share gained 1.91% yesterday.

Positive Pointer : The Proteas comprehensively beat Sri Lanka in the 2nd ODI cricket match in Centurion.