Prowess Investments Market Update 16-20 January 2023
This week, all eyes will be on the SA Reserve Bank’s Monetary Policy Committee (MPC), which is expected to increase the Repo rate by 50 basis […]
This week, all eyes will be on the SA Reserve Bank’s Monetary Policy Committee (MPC), which is expected to increase the Repo rate by 50 basis […]
Last week, Parliament postponed the debate around the Phala Phala report to December 13th, GDP for Q3 ’22 overshot expectations, while internationally, China eased Covid restrictions […]
Last week, the Phala Phala scandal took the spotlight amid mounting speculation that President Cyril Ramaphosa would be forced to resign, while internationally, the Chinese economy […]
Last week, the SARB raised the repo rate by 75 bps, taking it above pre-pandemic levels, to 7%, the Fed’s meeting signaled a slowdown in the […]
Prowess CEO Kelebogile Moloko recently appeared on a podcast hosted by SuperLead CEO Maanda Tshifularo this week, in which she reflected on her upbringing, her journey […]
Last week, lower than expected US PPI numbers supported the cooling inflation narrative; global markets were cautiously optimistic on geopolitical risks as US-China relations strengthened. Chinese […]
Last week, lower than expected US CPI numbers signaled cautious optimism for global markets, the UK reported a contraction in their GDP, while South Africa signed […]
South African consumers should brace themselves for an interest rate hike at the end of November off the back of the Federal Reserve increase of its […]
Inflation, monetary policy, credit concerns and recession risk were significant drivers of global market activity last week, while local market participants received an update on the […]
Trading links between South Africa and China have grown significantly in recent years, increasing the risk that economic issues within China could have material knock-on consequences […]