Showing posts with tag "investec"

Good news for food and petrol prices in South Africa

Households in South Africa could be in for some respite in the coming months as petrol and food prices are set to cool off, according to the Bureau for Economic Research (BER).

September 18, 2022
tags
energy

Food price shocker – South Africa’s middle class at risk of shrinking

Global food prices declined the most since 2008 after concerns over supplies of grains and vegetable oils eased as Ukraine moved toward restarting exports, Bloomberg reports.

September 22, 2022
tags
energy

Investec has a R2 million budget for the private protection of its executives

Investec’s remuneration committee has proposed covering the personal security costs of its top executives in South Africa amid a rising crime rate.

September 23, 2022
tags
banking

What to expect from the rand right now

The rand has continued to chip away at the dollar in recent sessions, with market concerns that the US Federal Reserve will slow the pace of its interest rate hikes, putting pressure on the greenback.

September 20, 2022
tags
banking

Motorists in South Africa can expect more good news about the petrol price

Chief economist Investec, Annabel Bishop says that South Africa is in line for a cut in the petrol price of nearly R2.00 per litre in August given the drop in the international gasoline price.

September 23, 2022
tags
energy

Why South Africans can expect life to get even harder

Economic indicators for the second quarter show that household finances are under increasing pressure, and this is expected to persist over the remainder of the year and 2023, suppressing economic ...

September 17, 2022
tags
finance

Rand passes R17 to the dollar as investors look at another week of load shedding in South Africa

The upcoming months for the rand are expected to be tough as load shedding takes its toll on international investment into South Africa.

September 17, 2022
tags
finance

These jobs are in high-demand in South Africa right now

Top businesses say South Africa is battling to hire for and develop these skills in South Africa.

September 21, 2022
tags
it services

Oil could hit as high as $300/barrel – and bring more pain for South Africa: Investec

The rand and South Africa’s petrol price are in for a turbulent second half of 2022 as a combination of global and international factors hit, says Investec chief economist Annabel Bishop.

September 16, 2022
tags
energy

The biggest banks in South Africa in 2022

The Banker has published its annual ranking of the 1,000 biggest banks in the world, as measured by their level of tier 1 capital – with seven South African banks making the list in 2022.

September 16, 2022
tags
banking

South Africa facing recession and downgrades if load shedding continues: Investec

South Africa’s economic growth faces increased risk in the coming months as prolonged load shedding is set to continue, says Investec chief economist Annabel Bishop.

September 25, 2022
tags
business

Rand and rating firms on notice as Eskom load shedding intensifies and further wage strikes loom

Eskom has again taken centre stage at a time when South Africa can ill afford blackouts at increasing regularity, and for longer periods of the day – while strike action is also unwelcome amid grow...

September 21, 2022
tags
energy