November overview November saw huge uproar in the local investment industry. This was caused by a circular issued by the South African Reserve Bank that announced changes in exchange control regulations. After a week of much speculation and confusion among investors, treasury suspended the circular. At its last Monetary Policy Committee meeting for the year, […]
November oorsig Daar was ‘n groot opskudding in die plaaslike beleggingsbedryf in November. Dit is veroorsaak deur ‘n omsendbrief wat deur die Suid-Afrikaanse Reserwebank uitgereik is, waarin veranderinge in valutabeheerregulasies aangekondig is. Na ‘n week van baie bespiegelinge en verwarring onder beleggers, het die tesourie die omsendbrief opgeskort. Die Reserwebank het op sy laaste vergadering […]
December overview At the beginning of December Health Minister Dr Zweli Mkhize announced that South Africa was now officially experiencing a second wave of Covid-19 infections. South Africa ended the year with more than 1 million coronavirus infections and 30 000 deaths. However, despite the imposition of tighter lockdown conditions, local investors seemed to remain […]
Desember oorsig Aan die begin van Desember het die minister van gesondheid, Dr. Zweli Mkhize, aangekondig dat Suid-Afrika amptelik ’n tweede vlaag Covid-19-infeksies ervaar. Suid-Afrika het die jaar afgesluit met meer as 1 miljoen koronavirus-infeksies en 30 000 sterftes. Ondanks die instelling van strenger inperkingsreëls, het dit gelyk of plaaslike beleggers meer hoopvol is dat […]
Oktober oorsig Suid-Afrikaners het die eerste volle maand van die vlak 1-inperking in Oktober beleef, met byna alle bewegings- en ekonomiese beperkings opgehef. In reaksie op die vernietiging wat die nasionale inperking veroorsaak het, het president Cyril Ramaphosa op 15 Oktober SA se ekonomiese heropbou- en herstelplan aan die parlement voorgelê. Die vier strategiese ingrypings […]
October overview South Africans enjoyed the first full month of Level 1 lockdown in October, with almost all movement and economic restrictions lifted. In response to the destruction caused by the national lockdown, President Cyril Ramaphosa presented SA’s Economic Reconstruction and Recovery Plan to parliament on the 15th of October. The four strategic interventions outlined […]
September overview On the 21st of September, South Africa moved to lockdown alert level 1. Early in the month, SA’s official GDP numbers for the second quarter of 2020 were released, indicating a sharp contraction of the local economy with a reported quarter on-quarter decline of just over 16%. Following a collective 300 basis point […]
September oorsig Op 21 September het Suid-Afrika beweeg na ’n COVID waarskuwingsvlak 1. Vroeg in die maand is SA se amptelike BBP-syfers vir die tweede kwartaal van 2020 bekend gemaak, welke syfers dui op ’n skerp inkrimping van die plaaslike ekonomie met ’n gerapporteerde kwartaaldaling van net meer as 16%. Na al die verlagings van […]
Augustus oorsig Suid-Afrika het op die 18de Augustus na vlak 2 van COVID-inperkings beweeg. As gevolg van die verdere opening van die ekonomie, het beide sakebedrywighede en nuwe verkoopbestellings in Augustus gestyg. Die Absa PMI indeks het ‘n sterk styging behaal nadat dit in Augustus 57,3 punte bereik het, teenoor 51,2 punte in Julie. Terwyl […]
August overview South Africa moved to level 2 of lockdown on the 18th of August. As a result of the further opening of the economy, both business activity and new sales orders rose in August. The Absa Manufacturing PMI posted a robust increase as it reached 57.3 points in August, up from 51.2 points in […]
