Archive for February 1st, 2010

South Africa’s manufacturing sector continues to do well. It’s now 6 months in a row that the PMI has increased and we find out why with Andre Coetzee from the PMI compiler,… »

So the markets are wobbling and new year’s resolutions are fading. Andrew Finlayson from Citadel offers advice on the year ahead as financial year end… »

The JSE lost further ground in the midday session on Monday led lower by resources and gold stocks tracking weaker global sentiment having seen Asia down, and resource heavy Australian markets decline.
A weaker euro also put pressure on commodities amid a firmer dollar, a trader noted.
… »

This month, we took a special look at the volumes and price trends for “coastal holiday towns, compared to high income metro areas of comparable average price. Not surprisingly, with a stressed household sector still predominantly focused more on essential primary residential buying, we observe coastal holiday towns’ markets lagging considerably in the recovery.

The… »

The Group delivered a sound performance for the first quarter of 2010.
Single digit constant currency turnover growth for the full year, is unchanged from when the Group reported its year end results in mid November 2009. This, together with anticipated stable gross margins, means that the Group remains well positioned to deliver on its… »

Johannesburg, Feb 1 (I-Net Bridge) - The seasonally adjusted Kagiso PMI increased for the sixth month in a row to 53.6 index points during January from 52.5 in December 2009, it was announced on Monday.
At its low of 36.1 points in April 2009, the PMI had fallen by 26.7 index points from the February 2007… »

TWO years ago, oil-rich Angola was reckoned to have one of the world’s fastest-growing economies. In both 2006 and 2007 real GDP had surged by around 20%, and double-digit growth rates were widely predicted for at least the next five years. Then oil prices crashed with the global recession. Last year the economy is estimated… »

IN, OUT, shake it all about. Last year was a terrible one overall for global trade. Volumes fell by 14.4%, according to the World Bank. But that figure masks whipsawing activity throughout the year. The Netherlands Bureau for Economic Policy Analysis reckons that the volume of world exports fell by 10.6% in the first quarter… »

The Football Association came under pressure from the Government to strip John Terry of the England captaincy last night after more details emerged of his affair with the partner of one of his former team-mates.

Gerry Sutcliffe, the Sports Minister, said that he will ask the FA to explain its stance on Terry, whose position has… »

7.72 ON THE CARDS
USD/ZAR will be very lucky if it can avoid pushing upwards out of its 7.54 – 7.66 range and past 7.72. Various pressures are evident. Most importantly, EUR/USD continues its slide. Greek fears are weighing and fiscal concerns are now extending to France. US 4Q09 data was surprisingly positive, rising 5.7% q/q,… »