🔒 Boardroom Talk: The Rand’s slide has now become a rout. Not just against the Mighty Greenback.
Alec Hogg writes on the prevailing Rand’s slide, SA’s rationed electricity and the joint naval exercise with Russia and China.
Pound
🔒 UK can’t shake Pound negativity after weeks of political chaos
The pound rose as much as 0.9% after Boris Johnson pulled out of the leadership race, leaving Rishi Sunak on the brink of becoming the next PM.
🔒 New UK prime minister Liz Truss’s inheritance: An economy on its knees – with insight from The Wall Street Journal
The new UK prime minister faces record inflation, a faltering pound, spiralling energy costs and an ill-timed labor shortage.
TreasuryOne’s currency expert Andre Cilliers as the Rand’s volatility continues
TreasuryOne’s Andre Cilliers discusses how changes in interest rate policies around the world may affect the performance of the Rand.
The rand is in a good place, and there’s not too much to worry about – TreasuryONE’s Andre Cilliers
TreasuryONE’s Andre Cilliers dissects exactly what is happening in the foreign exchange markets with specific focus on the ever volatile rand.
What is Brexit and how will it impact the UK?
On 23rd June 2016, the people of the UK voted to leave the European Union. What is the European Union, what is Brexit and how will the vote impact the UK?
Watch out all you Rand Bulls – the second rating shoe is about to drop
R23 to the Pound didn’t feel right; but neither does R16.60 (where it currently trades), says an analyst.
🔒 WEBINAR: Barclays dumped; Global portfolio upside 30% annualised growth
The big move this month saw Barclays dumped from the Biznews Global portfolio. The reason; the board disappointed on the honesty and integrity scale of the Warren Buffett scoreboard of investing.
🔒 WEBINAR: South African politics steals the show
The Biznews Global share portfolio is built on Warren Buffett principles, and over the long term the market noise doesn’t take away from the fact that all the stocks held, are well run companies.
UK home builders, banks take a hiding on Brexit, rate fears – some down 20%
Already under pressure from higher taxes, London homebuilders fear the vote to leave the European Union will further weaken demand for properties.