Reserve Bank hikes interest rate for first time since 2023 as oil shock, inflation risks mount
South African Reserve Bank raises interest rate to 7%, warning that oil shocks, food inflation and global instability could drive prices higher
Emerging Markets
African SMEs face finance, fragmentation and succession crisis, warns IFC chief
At the Africa CEO Forum in Kigali, Makhtar Diop calls for bold investment, private sector leadership and structural reforms
SA pitches itself as Africa’s gateway amid global market turbulence
As South Africa prepares to host the sixth SA Investment Conference, government leaders and economists say global instability, including tension in the Middle East, unexpectedly boost the country’s appeal as a stable investment destination
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Emerging markets have a way of punishing rigid systems. Spreads widen without warning. Liquidity appears, then vanishes. A policy headline hits the tape and the market reprices before a static model finishes “confirming” the move. That is the real challenge here. Automation keeps getting faster. Market environments keep getting messier. The edge goes to systems […]
African-founded firm, Optasia, becomes most extensive fintech JSE listing
Optasia is targeting new markets in India, Indonesia, and the Philippines as it aims to secure a billion customers worldwide
The coming bull market in Emerging Markets and how to capitalize on it
In the years ahead, Emerging Market economic growth, buoyed by healthier demographics and rising per capita GDP, will continue to outstrip developed markets
Türkiye’s Brics bid: A strategic shift toward multipolarity and Global South solidarity
Türkiye’s application reflects how appealing and strategically important Brics has become
Self-inflicted pain makes SA rand a sore thumb
The currency, which is usually a bellwether for other emerging markets, has diverged from global trends – thanks in large part to
the energy crisis
China and Omicron are the wild cards for the global economy and financial markets
Lockdown restrictions will continue to disrupt global value chains and support rising inflation that will require aggressive rate hikes
Sanlam sells UK businesses worth R5bn
The insurer ditches R5.1-billion to focus on Africa and other emerging markets
South Africa’s recovery lags behind emerging market peers Mexico, India
The economy grew for the fourth consecutive quarter, but the country is playing catch-up to its peers
Creecy calls for cheaper finance at London climate talks
Emerging markets need $3-trillion to 4-trillion a year in low-carbon investments over the next 15 years to meet their climate mitigation commitments
Rapid inoculation will decrease SA’s jobless rate
Research by retail bank BNP Paribas estimates that unemployment will linger for longer in emerging markets
Assets, wealth revolution on the go
Financiers are ‘impact investing’ by shifting their support to investment products that prioritise environmental, social and governance issues
Muscular dollar awes the rest
South Africa is less likely to suffer but investors will look for the elusive factor — growth
Reserve Bank decides to hold repo rate at 7% and prime lending rate at 10.5%
As was widely anticipated, the South African Reserve Bank’s monetary policy committee has decided to hold interest rates.
Brexit referendum day finally arrives after months of division
Voting begins today, after months of continuous campaigning from the ‘Remain’ and the ‘Leave’ sides, and the results should be in on Friday morning.
Emerging stocks poised for longest monthly rally in nine years
Emerging-market stocks are on a winning streak as slow recovery in the developed world offsets concerns over geopolitical tensions.
SA bonds vulnerable to ‘outsized’ selloff
Experts say falling liquidity raises the risk that it will be more difficult to sell the bonds in the event of any deterioration in sentiment.
Rand leads fall in emerging market stocks
Emerging market stocks fell on Wednesday, led by concern that valuations were overdone.
Rand leads emerging market stock fall from 13-month high
Shares in emerging markets dropped from a 13-month high as the rand softened and shares in China, India and Iraq slid.
Emerging stocks rise as India leads world gains on election poll
Stocks in emerging markets have rallied, with India seeing the biggest gains on expectation that the main opposition party will win the elections.
Sanlam looks off shore for expansion
The South African-based firm has moved rapidly into Africa and Asia in the past four years, with plans for further expansion.
Commodity slump erodes revenue
Weaker demand for mineral products and labour unrest have been flagged as economic risk factors.
Rand weakens on inflation acceleration and unrest in other emerging economies
The rand stumbled for a second day as inflation rose and unrest in Ukraine and Thailand caused investors to sour towards emerging markets.
Gold retreats from five-year highs
Investors drew away from the yellow metal after Fed Reserve chairman Janet Yellen confirmed that tapering in the US would continue to be gradual.
Rand rebounds as best emerging-market currency
The rand has bounced back from a five-year low on expectations that the Reserve Bank will raise the repo rate as inflation grows.
South Africa follows emerging markets in raising interest rate
GIll Marcus’s surprise announcement that the repo rate will increase to 5.5% is in line with recent actions taken in other emerging economies.
Developed economies are ‘fighting off emerging-market contagion’
Emerging markets have been hit, but not hard enough for the rest of the world to feel the burn, say analysts.
Emerging stocks fall to one-month low on Chinese factory data
Continued speculation of imminent tapering from the US Federal Reserve sees negative data impacting developing markets.
South Africa is ‘equipped’ to handle quantitative easing, says Reserve Bank
South Africa doesn’t foresee a sudden stop of capital inflows as central banks react to the possibility of quantitative easing, says the Reserve Bank.
‘BIITS’ may be replacing ‘BRIC’
As investors focus on current account deficits and structural weaknesses, South Africa is being seen as a less attractive emerging market.
