The South African fixed income community is on edge. Since the massive rally in bonds at the start of the year we have effectively been in a bond bear market. Despite the fact that bonds are interest-bearing instruments – and despite the fact that some of them a
Walt Disney was a very famous cartoonist who originated the concept of Mickey Mouse. Indeed, Mr Disney’s own words were that “I only hope that we don’t lose sight of one thing – that it was all started by a mouse.” Certainly, Mickey Mouse was what made Disney fa
China unexpected move to devalue their currency on Aug 11 sent shockwaves through world markets.
Please forgive us!
At the time of writing, the Rand had briefly traded to the brink of R13/USD and is trading at a record low against the UK pound. CPI is heading north, having hit 5% already and projected to breach the upper 6% level of the inflation band shortly. 2015 GDP growth