With a persistent inflation outlook risk, it came as no surprise that the SARB kept the repo rate unchanged at 8,25 % last week. Meanwhile, all eyes are on VP Kamala Harris after President Biden’s decision to drop out of the presidential race, as markets remain unmoved…
Last week, markets increased bets on a September rate cut following the US CPI print, while domestically, the demand for South African local-currency bonds continues to surge buoyed by the newly minted GNU…
In a year of elections, Head of Fixed Income Qhivi Tiva argues that the one taking place on 7th November is the one that will be watched the closest, given the wide geopolitical influence and reach of the USA…
As the newly formed Government of National Unity gets to work, Business Development Manager Maanda Matambele argues it would do well to prioritise, amongst other matters, youth unemployment, which many have called ‘a ticking time bomb’ that threatens both economic stability and social cohesion…
Prowess Investment Managers was recently proud to announce the appointment of Akholiwe Fetsha as Business Development Officer.
Last week, US non-farm payrolls data presented a mixed picture for the US labor market, at a time when the Fed is considering when to begin cutting interest rates. Locally, the Bureau for Economic Research (BER) inflation expectations for 2024 came in lower than in previous periods, welcome news ahead of the SARB rates decision later this month…
With the GNU cabinet announced, markets reacted positively as the retention of Enoch Godongwana signals policy certainty, continuity and fiscal consolidation. The real indicator of its success will be economic performance in the long term…
With Cyril Ramaphosa sworn in for a second term as president for the 7th administration, markets are eagerly awaiting the cabinet announcement over the next few days…
The Federal Open Market Committee (FOMC) dominated financial market news last week, as they opted to keep the federal funds rate unchanged. Meanwhile, the local bond market reacted positively to the announcement of a Government of National Unity…
On June 05 2024, Head of Fixed Invome Qhivi Tiva delivered a masterclass hosted by the CFA society South Africa in collaboration with the Actuarial Society of South Africa. The masterclass was on the evolution, market dynamics and performance of SA inflation linked bonds…
