Page 9 - Efficient Group News Today

Apex Group Ltd., a global financial services provider, announced the planned acquisition of Efficient Group (Pty) Ltd . Efficient is the holding company of Boutique Collective Investments (RF) (Pty) Ltd (“BCI”) and Boutique Investment Partners

Efficient Group will be rebranded under the Apex Group banner.

Last year’s rolling blackouts were estimated to have cost as much as R600-billion; the cost of 14 years' systemic failure runs north of R3-trillion.

Try to benchmark, soundboard and discuss [your portfolio] with professional wealth managers: Luciano Benade – specialist wealth manager at Efficient Group – to retail investors managing their own portfolios.

An economist says it will take several years to undo the energy crisis the country finds itself in.

All major local banking stocks down over 2% on the news.

It is budget week and all eyes will be on Finance Minister Enoch Godongwana to see what relief, if any, he brings financially-stretched South Africans.

In line with predictions, the January CPI reading was 6.9%, down from 7.2% in December and 7.4% in November.

While the central banks decision to increase the repo rate is believed to have had a taming effect on inflation, the headline inflation remains above the inflation band of between 3% and 6%.

An economist believes the South African Reserve Bank's rate-hiking cycle is coming to an end.