Archive for January 25th, 2010

Dawie Roodt, chief economist at the Efficient Group previews the SARB monetary policy committee’s decision on local rates. Will they (she) or won’t they (she), cut. And what of Eskom and the tariff? Dawie is in conversation with Lindsay… »

Thinking of going overseas to seek greener pastures, monetary wealth, and adventure? That’s all fine, but there are pitfalls. Lee Cairns of Citadel runs us through the necessities of this Utopian… »

The latest Leading Indicator (A good indicator of near term moves in both the economy as well as the residential mortgage market) datapoint to appear, that of November 2009, indicated a significant further acceleration, on a month-on-month basis the value going from 116.5 to 119.8, which translates into a year-on-year growth acceleration from 6% in… »

Stocks AM:JSE slightly weaker; Dow futures rebound
Johannesburg, Jan 25 (I-Net Bridge)   The JSE was only slightly weaker in early trade on Monday as Dow futures bounced into positive territory after Friday’s sharp sell off on Wall Street. A trader said the weaker rand was helping the dual listed stocks.
At 09:16 the JSE all share index… »

Johannesburg, Jan 25 (I-Net Bridge) - Merafe Resources (MRF) said Monday it is expecting to report a loss per share and headline loss per share of between 6 and 7 cents for the year ended December 2009. This compares with EPS and HEPS of 42 cents for the prior comparative period.
The loss… »

The best cure for killer diseases like tuberculosis was to stick you in a sanatorium and hope the mountain air would sort you out. And Davos was where you went for this “remedy”.

This week, Davos will be no less surreal, but for entirely different reasons. Those who travel there will include the cream of the… »

MAY YOU LIVE IN INTERESTING TIMES
This old Chinese curse seems as relevant as ever. There is suddenly no shortage of “interesting” stories, and this almost sent markets into a panic on Friday, as US equities finished their worst three-day run in almost a year. We have at least paused for breath this morning. The worries… »

A YEAR ago almost every economy in the world was being walloped. The degree of pain varied. In rich countries output plunged; in China and some other emerging economies growth slowed sharply. But the slump was as striking for its synchronicity as its severity.

The opposite seems true of the recovery. China’s rebound began earliest and… »

• A BRUISED Barack Obama is set to deliver his first state-of-the-union address on Wednesday January 27th. A recent defeat of the Democratic candidate for the Massachusetts Senate seat once held by Edward Kennedy has given the Republicans enough votes to break the Democrats’ filibuster-proof majority in the upper house. This puts Mr Obama’s precious… »

Sixteen years into democracy, the earning capacity and economic dominance of South Africa’s white population continues to overshadow other races, although a strong shift in wealth has occurred in the black population.

Information released at the weekend by the Bureau of Market Research (BMR) at Unisa showed that white households, although making up only 10.8 percent… »