Archive for January 14th, 2010

Another JSE non-event on Thursday; is this telling us something about the rest of the year? Let’s hope not. Chatting to Lindsay Williams with his views on the subject is one of this country’s most considered and erudite commentators, Graeme Korner, from BOE Private Clients in… »

Michael Power, international investment strategist at Investec Asset Management, runs through his fascinating predictions for 2010. It’s the Power Point Presentation 2010, hosted by Lindsay… »

Johannesburg, Jan 14 (I-Net Bridge)   South African mining production dipped by 1.6% year-on-year (y/y) in November from  8.5% in October, Statistics South Africa reported on Thursday.
The data showed that mining production was down 8.1 quarter-on-quarter (q/q) in November while the seasonally adjusted figure, which is an important reading for GDP data, reflects a fall of… »

SACCI TAI declines to 42 in Dec from 51 in Nov
Johannesburg, Jan 14 (I-Net Bridge)   The South African Chamber of Commerce and Industry’s (SACCI’s) Trade Activity Index (TAI), which reflects current trade conditions, declined to 42 in December 2009 from 51 in November 2009.
This is the first time since September 2009 that the TAI has… »

Mr Price Q3 sales up 8.4% (2)
Johannesburg, Jan 14 (I-Net Bridge) - Retailer Mr Price Group (MPC) said Thursday that during the third quarter (October, November and December 2009) it recorded sales growth of 8.4%.
The group achieved sales growth of 6.2% and 6.4% in October and November respectively and the growth achieved… »

Datatec, (“Datatec” or the “Group”, JSE and LSE: DTC), the international Information and Communications Technology (ICT) group, is today publishing an Interim Management Statement (“IMS”) covering the period from 1 September 2009 to 31 December 2009 (“the Period”).

Group

Based on trading and profitability during the Period, as anticipated the second half… »

If you believe that the Fed kept the fed funds rate 2% below its proper Taylor-rule value for 3 years, that has a 6% impact on the price of a long-duration asset like housing. Even with a lot of positive-feedback trading built in, that’s not enough to create a big bubble. And it wasn’t the… »

Markets have been on the charge since early 2009. While there are strong signs of further recovery, have shares done too much too quickly? Is the momentum sustainable? The lesson is: tread cautiously. The FM picks the best buys in each sector on the JSE for 2010

Market watchers have been dipping into the old alphabet… »

Marius Kloppers, the 47-year-old South African chief executive of BHP Billiton, has a standard response to those who say China’s rapid economic rise could not have been foreseen. “My kids started learning Chinese a long time ago,” he says. “My youngest, who is now 13, started when she was four years old. When she turned… »

The Wanderers is the highest Test ground in the world but will England dare to look even higher when they begin the final Test against South Africa, or will they be tempted to settle for the 1-0 lead they hold in the series, after showing a talent for drawing tough matches?… »