SA Economy Archives - Page 2 of 4

Podcast: Where’s the cash?

Simon Brown 8 October 2020JSE Direct, Latest

Simon Shares How to fix the JSE, some great ideas by Keith McLachlan. SARB buys R39.4billion of local government bonds in the secondary market in September. French Canal+ takes 6.5% stake in Multichoice (JSE code: MCG). Shoprite* (JSE code: SHP) says their loyalty program is a huge part of them gaining R4billion in market share? ...

Podcast: Presidential markets

Simon Brown 1 October 2020JSE Direct, Latest

Simon Shares Day 188 of lockdown. August CPI 3.1%. Everybody now suddenly knows about the expanded unemployment rate? Capitec* (JSE code: CPI) results were as always solid. Hit hard by the pandemic, but resilient. Valuations are rich, as always. Alviva (JSE code: AVV). Remember old Pinnacle, once a darling and then hit by claims of ...

Podcast: Buying after the lockdown

Simon Brown 17 September 2020JSE Direct, Latest

Simon Shares Day 174 of lockdown. Level 1? The Foschini Group (JSE code: TFG) trading update spooked the market, but it was the six months to end September. In other words, all lockdown. African Rainbow Capital (JSE code: AIL) results including an R750million non-renounceable rights issue. Trading at some 75% discount to the net asset ...

Podcast: Upside surprises

Simon Brown 10 September 2020JSE Direct, Latest

Simon Shares Day 167 of lockdown. Local Q2 GDP -16.4% (-51% if you annualise it). Makes us one of the worst-hit economies for Q2, not surprising as we did very hard lockdown. Now to get out of the hole and that's going to be the hard part. Of our three main political parties, the honest ...

Podcast: Retail updates

Simon Brown 6 August 2020JSE Direct, Latest

“This week’s episode of JSE Direct is courtesy of Outvest, our preferred supplier in retirement products.” Simon Shares Day 132 of lockdown and Covid-19, new cases definitely on the decline. Pick 'n Pay (JSE code: PIK) update was somewhat of a horror show, but I'm not sure what the market was expecting. It is for ...

Podcast: Script lending

Simon Brown 30 July 2020JSE Direct, Latest

Simon Shares Day 126 of lockdown and Covid-19, cases may be moderating? Sasol (JSE code: SOL) sells some assets for R8.5billion and the stock is up over 12%. The sale is SA gas operations at Secunda. A sale and leaseback as Sasol only customer. But gets Sasol cash to pay down debt so good news ...

ETF: Bond ETFs, yields and junk status

Kristia van Heerden 22 July 2020ETF Blog, Latest

With a wider variety of bond ETFs available, local investors can tinker with asset class exposure down to the region. But the relationship between price and income can be confusing. In this post, we explore what bonds are, the relationship between price and yield and how South Africa’s sovereign debt downgrade affected these instruments.

The Fat Wallet Show with Kristia van Heerden

Podcast: The two-stage FIRE approach

Kristia van Heerden 13 July 2020Latest, The Fat Wallet

If you went into formal employment straight out of university or school, odds are you have some sort of pension fund or retirement annuity. You may since have realised the idea of working until you’re 65 is entirely optional. If you’ve already allocated a large part of your income towards your retirement, you need to ...

Podcast: Listed property, watch the V

Simon Brown 2 July 2020JSE Direct, Latest

Simon Shares “This week’s episode of JSE Direct is courtesy of OUTvest, our preferred supplier in retirement products.” Day 98 of lockdown and Covid-19 cases are spiking in South Africa. Local GDP for the first quarter came in at -2%, helped by agriculture +27.8% For the first time since July 2019, PMI respondents expect conditions ...

Video: The world after Covid-19

Simon Brown 2 July 2020ThinkMarkets, Uncategorized, Webinar and Video

The pandemic is having devastating consequences on the global economy even as the worst seems to be behind us with May and June data showing an improvement on the hard lockdown of April. We still don't have a clear path to the health solutions as we wait for a vaccine. But we do know the ...