A bright start lost its lustre during the latter part of the JSE session. Pat Mathidi from RMB Asset Management casts his usual analytical eye over the recent… »
Archive for February 22nd, 2010
Monday’s Markets
Monday, February 22nd, 2010The Leading Indicator
Monday, February 22nd, 2010Recession, what recession? The SARB released the South African leading indicator on Monday morning and it suggests the economy is out of the woods. A leading economist analyses the first instalment of a series of crucial data releases due this… »
Talking Wealth
Monday, February 22nd, 2010The Budget was Boring, but there were low profile elements that will potentially impact the responsible wealth planner over the near and medium term. Andrew Moller of Citadel talks of the POTENTIAL scrapping of estate duty, and why we shouldn’t change our plans because of that… »
World Cup and Property
Monday, February 22nd, 2010We recently spoke to Gary Bailey about his association with Seeff and their initiative to make available high end homes to the football visitors. We promised a follow up, and here it is, in all its gory glory Lindsay Williams, in conversation with Samuel Seeff, chairman of Seeff… »
AIDS: Is the end in sight?
Monday, February 22nd, 2010A South African institution made headline news this morning with its pronouncements on AIDS. It claims that this scourge will be history in the niddle of this century. Lindsay Williams explores this claim with SACEMA, based in Stellenbosch, and suddenly the centre of the ARV… »
MTN refutes Dubai move as mischievous speculation
Monday, February 22nd, 2010Telecommunications operator MTN Group (MTN) on Monday poured cold water over media allegations that it intended to move its operations from
South Africa and de-list from the Johannesburg Stock Exchange (JSE).
It follows media speculation that the group planned to move its group operations out of South Africa, to Dubai, and… »
Aveng H1 HEPS expected 30%-35% lower
Monday, February 22nd, 2010Construction group Aveng (AEG) advised on Monday that it anticipates headline earnings per share and earnings per share for the six months
to December 31, 2009 to be 30% and 35% lower than 244.5 cents in the previous period.
The group said its manufacturing and processing segments remained under significant operating… »
Gentler IMF embraces welfare and climate change
Monday, February 22nd, 2010The figures may show that social grant expenditure estimated at 89 billion rand is large enough to prompt some commentators to call South Africa the “biggest welfare state” in the world, but officials from the International Monetary Fund, said on Monday that this country is ‘not an outlier in the world as a whole’, although… »
The Botox Cure – Part 1
Monday, February 22nd, 2010The global economy is currently taking the “botox” cure. A flood of money from central banks and governments – “financial botox” - has temporarily covered up unresolved and deep-seated problems.The surface is glossy and smooth, the interior decayed and… »
The Botox Cure – Part 2
Monday, February 22nd, 2010From late 2008 onwards, Government intervention, on an unprecedented scale, has been a dominant factor in economic matters.
Governments have spent aggressively, going into or increasing deficits, to increase demand within the economy to offset weak private sector consumption and investment.
Central banks have maintained low interest rates, pumped liquidity into the financial system and… »




