Page 3 - Maarten Ackerman News Today

However, the rand remains stubbornly weak and refuses to fall below the psychological R19-mark to the greenback.

A look at what needs to be done to grow SA’s economy and analysis of Capital Appreciation’s results.

South Africans sighed with relief when they heard that the economy grew by 0.4% in the first quarter, but is this enough?

SA’s economy is already in a recessionary environment due to all the headwinds it is facing, writes Maarten Ackerman.

The South African Reserve Bank cut its main lending rate by 50 basis points to 7.75 per cent on Thursday beating market expectations of 25 basis points. In his speech, Central Bank Governor Lesetja Kganyago said risks to the inflation outlook are assessed to the upside. This is now the ninth hike in a row adding a total of 425 basis points to the repo rate since it began tightening policy in November 2021. Joining CNBC Africa for more are Maarten Ackerman, Chief Economist at Citadel Investment S...

Analysis of the Silicon Valley Bank collapse, Citadel on whether there are any positives to the latest GDP numbers and a look at how bias affects investment decisions.

JOHANNESBURG - International investors have had enough of South Africa and are taking large sums of their money out of the embattled country. The City Press reports that over R100 billion in South African shares and bonds have been sold by international investors since the start of 2023. JC Louw, the CEO of DFM Global, told the…

Analysts have warned the greylisting could have dire consequences for the country’s already hamstrung economy, by raising its risk profile and hampering investment

An economist expects that the rand could breach R19/$ in coming days - but it may return to R17.50 in the second half of 2023.

A look at movements around banking stocks, analysis of results from Bidcorp and a post-budget speech review.