Traders cut SA rate-hike bets on Iran peace deal
A drop in oil prices has eased inflation concerns, leading traders to scale back expectations for further interest-rate increases.
A drop in oil prices has eased inflation concerns, leading traders to scale back expectations for further interest-rate increases.
‘I really do encourage companies that are disclosing these ratios not to just disclose a cold ratio with no context, and also not to just disclose the ratio as a compliance exercise’ – Leila Ebrahimi from PwC South Africa.
As living costs rise, Geordin Hill-Lewis is betting on affordable housing, cheaper power and business-friendly reforms to secure a second term.
Positive signals from ratings agencies, ports and GDP growth suggest reforms are working, but investment remains the missing ingredient for faster economic expansion.
Brent crude slumps to around $83 while the rand strengthens to R16.15 against the dollar as global risk appetite returns.
MTN, Standard Bank and Gold Fields are navigating growing political pressure as tensions spread across Africa.
Analysis of SpaceX’s market debut and SA’s new Companies Act.
The UK plans sweeping online safety rules for teenagers as the prime minister faces mounting political pressure.
Tanker operators remain wary of returning to the strait until details of the US-Iran agreement are clarified.
Brent fell nearly 5% after Washington and Tehran agreed to reopen the Strait of Hormuz and end months of disruption.