If SA interest rates do rise today, blame Donald Trump

America houses 5% of the world’s population. They possess 25% of global wealth, legacy of the early adoption of the most efficient economic system. Donald Trump wants to keep it that way.

Mr Price profits gain 23% as cash sales boost growth

Mr Price Group Ltd. said first-half profit increased 23 percent as the clothing and homeware retailer’s focus on cash sales helped offset weaker consumer spending in South Africa.

Bank of England holds rates at 0.50%

by Roland Jackson The Bank of England held its key interest rate on Thursday at a record-low 0.50 percent, in its first meeting since divisions emerged over when to tighten policy. The central bank’s nine-strong monetary policy committee also opted to keep the level of cash stimulus, or quantitative easing, at ÂŁ375 billion ($622 billion, … Read more

xmas

What shares to buy with that Xmas bonus (2011)

xmasIn December 20112, Robert K sent this email:

I am wanting to invest my bonus in some share but I am not 100% sure where to find value at the moment. I already have MPC, Curro (which has done well for me), Steinhoff and Old Mutual as well as Satrix Top 40 and Stanlib unit trusts.

Are there any shares you would recommend? I have been looking at AGL but they are very expensive although I do see value there.

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