SA Business
Market Wrap: JSE, rand extend gains as risk-on sentiment returns to markets
The JSE started February off on a firm footing, adding to its 0.81% gain in January as risk-on sentiment returned following relaxed local Covid-19 regulations, US Federal Reserve officials playing down the prospects of aggressive interest rate hikes very soon and a slew of positive corporate news. The gains were broad based, with Alphamin soaring …
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South African Factory Sentiment Rebounds as Virus Curbs Ease
(Bloomberg) – A gauge measuring South African manufacturing sentiment recovered after a loss of momentum in December as demand for goods increased and the fallout from a surge in coronavirus infections eased, signaling a strong start to the year. Absa Group Ltd.’s purchasing managers’ index, compiled by the Bureau for Economic Research, rose to 57.1 …
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Covid? What Covid? From drastic rule changes to intensifying war threat and breather for the rand
The onus, now more than ever, is on us to be responsible. Judging from the latest government Covid-19 restrictions amid the ongoing global pandemic, it seems Covid is as good as over in South Africa. The government last night announced that owing to a slowdown in infections and an increase in the level of vaccinations, …
Opinions of the day: Gwede Mantashe in the cross hairs
Mineral and Resources Minister Gwede Mantashe. (Bloomberg)
