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SA Today: Key events to watch, Mar 11
— Stats SA releases January mining production data.
— Stats SA releases January manufacturing data.
— MTN releases annual results.
— Old Mutual releases annual results.
— Sanlam release annual results.
— Basil Read releases annual results.
— Uranium One releases annual results.
— FNB Building Confidence Index.
WHAT TO WATCH FOR:
January manufacturing and mining data are the main events to watch today.
Investec Economist Kgotso Radira says conditions in the manufacturing sector continue to improve driven mainly by inventory build up and improving economic conditions.
“We expect manufacturing production to have increased by 5.5% y/y in February but conditions are seen as remaining challenging for most of H1.10.
The key challenge for the sector in H2.10 will be the electricity tariff increases (24.8%), which will increase production costs and could reduce the sector’s global competitiveness.”
ON THE HORIZON:
Mar 12: Weekly treasury bill auction.
Mar 12: TransUnion Auto trends forum.
Mar 12: Bell Equipment releases final results.
Mar 13: No events scheduled.
Mar 14: No events scheduled.
Mar 15: Power & Electricity World conference from Mar 15 to 19.
Mar 15: Pallinghust Resources releases final results.
Mar 16: Weekly government bond auction.
Mar 16: Cashbuild releases interim results.
Nar 16: EOH Holdings releases interim results (approx date).
Mar 16: Iliad Africa releases final results (approx date).
Mar 16: Moody’s hosts workshop on What’s in store after Zuma’s first year.
Mar 17: Stats SA releases January retail trade sales.
Mar 17: Stats SA releases January building statistics.
Mar 17: Aveng releases interim results.
Mar 18: Stats SA releases January civil cases for debt.
Mar 18: Investec holds investor briefing.
Mar 18: Set Point Holdings releases interim results.
Mar 18: Cipla Medpro releases annual results (approx date).
