SVB collapse seems to be contained, so far …
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.
Source: moneyweb.co.za
Page 6 - Maarten Ackerman News Today : Breaking News, Live Updates & Top Stories | Vimarsana
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Top News In Maarten Ackerman Today - Breaking & Trending Today
Investors make stampede fleeing out of South Africa
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…
Source: thezimbabwemail.com
State capture sees South Africa greylisted alongside South Sudan, Haiti
Analysts have warned the greylisting could have dire consequences for the country’s already hamstrung economy, by raising its risk profile and hampering investment
Source: mg.co.za
Rand slumps to worst level in months after greylisting, may hit R19/$ soon
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.
Source: news24.com
Risk that Eskom won't perform puts pressure on fiscus
A look at movements around banking stocks, analysis of results from Bidcorp and a post-budget speech review.
Source: moneyweb.co.za