Archive for January 27th, 2010

CPI in December was lower than expected, but what of the future? Kevin Lings, economist at Stanlib dissects the numbers and speculates on the next rate move. Is a cut… »

Chris Drummond, the chairman of Benguela Cove Investments (Pty.) Ltd, discuuses the SARB, and the potential effect of the non-delivery of infrastructure promises on the property… »

Suddenly there’s jitters. Low ticket sales, overpricing accusations, and is the 2010 effect going to be a flash in the pan. Shamil Ismail from Cadiz in discussion with Lindsay Williams… »

In spite of gold’s vulnerability to a stronger US dollar, gold is well supported in the current environment and is poised to achieve a new price floor this year, Investec Asset Management said on Wednesday.
“We believe that gold has finally broken clear of the US$700 to US$1,000 per ounce range… »

Local chief executives expect the local economy to start emerging from the recession during 2010, professional services firm PricewaterhouseCoopers (PwC) said on Wednesday.
In its 13th Annual Global CEO Survey the group examined CEO views of the recession, future growth and possible concerns, and was compiled through 1,198 global interviews conducted… »

Despite SA experiencing a severe recession in 2008/09, one that has not yet ended in the labour market or likely the demand side of the economy, inflation came out at 6.3% in December. If the statistical base effect which boosted the outcome was removed, CPI inflation would have recorded 6.2% y/y instead, still out of… »

Gathering in a more sober mood than was often the case during the boom years, organisers of the World Economic Forum in the Swiss town of Davos will attempt to focus the attention of the 2,500 or so leading bankers, business people and economists here on the slogan for this year’s gathering, the 40th since… »

Actual 6.3% y/y (0.3 m/m), expected 6.4% y/y, previous 5.8% y/y

CPI inflation left the target range in December, as expected, due to seasonal and statistical base effects. January’s outcome is expected at 6.4% y/y.

Today’s outcome does not change our view either in terms of the future path of interest rates or… »

Johannesburg, Jan 27 (I-Net Bridge) - The increase in South Africa’s consumer price index (CPI), which is used by the South African Reserve Bank (SARB) for its inflation target, was up 6.3% year-on-year (y/y) in December from 5.8% y/y in November, Statistics South Africa (Stats SA) said on Wednesday.

It was… »

FACING UP TO THE FACTS: ARE WE EXPECTING TOO MUCH FROM THE 2010 WORLD CUP?

Cadiz Securities research analysts Shamil Ismail and Jasmine Lin are asking us to be more realistic in our expectations of the 2010 FIFA World Cup. They have compiled a detailed document (attached) to support their view that mounting football fever… »