The rand hits record low on Russian arms accusation
The rand, bonds and domestically exposed equities fell sharply yesterday following US ambassador, Reuben Brigety’s assertion that South Africa supplied Russia with weapons and ammunition when a Russian ship, the Lady R, docked in Simon’s Town late last year.
The Age of Man Versus (and?) Machine
Over the last few months, conversations around artificial intelligence (AI) have dominated in both social settings and around boardroom tables.
The future of OUTsurance
The listing of OUTsurance on the Johannesburg Stock Exchange has created one of the most direct ways to invest in a predominantly property & casualty (P&C) insurer.
Some light amidst the darkness
The JSE is only 3% down from a record high achieved during January, underpinned by the rand hedge properties of some of the largest weighted companies as well as the performance of our banks.
Copart: From Junk to Gold
Copart is a global provider of online auctions and vehicle remarketing solutions. The company provides secondhand vehicle sellers with a full range of services to process and sell vehicles through its online auction platform – VB3.
Xi Jinping consolidates power
The culmination of the Chinese Communist Party’s (CCP) 20th National Party Conference sent reverberations around the world as Xi Jinping was confirmed for a third term, surrounding himself with loyalists.
ASML: The Backbone of the Semiconductor Industry
ASML is a global innovation leader in the microchip industry. The group is a focused supplier of lithography solutions (one of the most crucial steps in chip manufacturing) to all of the world’s major chipmakers.
Financial conditions continue to tighten
The dollar has been on a tear this year as the Federal Reserve has pushed through 325 basis points of rate increases.
Europe’s gas crisis
After commodities spiked in the wake of Russia’s invasion of Ukraine, most have dropped as most Russian exports have been redirected towards less hostile countries.
Global markets confront triple threat
Global financial markets have experienced a tumultuous six weeks.