Archive for March 17th, 2010

The JSE came within a whisker of its best level of 2010 today-I-Net Bridge provides the data, and it’s read by Lindsay… »

Chris Drummond, chairman of Benguela Cove Investments (Pty.) Ltd, explores the concept of fractional ownership; the pitfalls and the positives….. »

The US Federal Reserve vowed to keep interest rates low for as long as it takes, but at the same time talked of an improving economy and a stabilising jobs market. Banks are now predicting interest rate rises in the States before year end. What does this mean for the economy and markets? Find out… »

South African retail trade sales at constant (2008) prices for January declined -1.7% year-on-year (y/y), after recording a –3.7% (y/y) decline in December, figures released on Wednesday by Statistics South Africa show.
Retail trade sales, at current prices, for January 2010 increased by 4.7% compared with January 2009, while sales for… »

Wholesale trade sales at constant (2000) prices for January declined -11.2% year-on-year, after a revised -6.4% (-6.3%) y/y decline in December, Statistics South Africa data showed on Wednesday.
Stats SA also noted that wholesale trade sales, at constant 2000 prices, for the three months ended January 2010 decreased by -10.7% compared with… »

Johannesburg, Mar 17 (I-Net Bridge) - Nedgroup Investments on Wednesday urged investors to stick with one fund manager, instead of falling prey to the next best thing.
Matthew de Wet, head of investments at Nedgroup Investments said: “The rewards of identifying the better fund managers are clear; over the past 10 years the top quartile of… »

The South African rand firmed in the morning session on Wednesday eyeing 7.28 against the greenback.
The rand is set to track euro play today, a local trader noted.
At 09:02 the rand was bid at 7.3302 to the dollar from 7.3500 at its previous… »

More than 50 percent of home loan applications are still being declined despite many banks relaxing their credit criteria.

The gradual improvement in the residential property market since the second half of last year has been attributed largely to the relaxation by banks of their credit criteria and the reduction in interest rates, enabling consumers to… »

Still the Special One. Still the king of Stamford Bridge. Still the tactical grand master. Jose Mourinho last night sent his old team crashing out of the Champions League, the competition that his old sparring partner, Carlo Ancelotti, was recruited to win. Still the Bridge reverberated to cries of “Mourinho’’ - this time in Italian… »

The EU has agreed to a rescue mechanism for Greece but only if the country is facing “imminent insolvency” or the stability of the eurozone is at risk, leaving markets as confused as ever over the terms of support…. »