There has been talk that the Fed might slow its aggressive monetary tightening
The latest heatwave will probably prolong the UK’s spending surge
Mineral resources minister Gwede Mantashe spoke after protests in parts of the West Rand about rising crime blamed on illegal miners
The premier announced her cabinet after a meeting with the ANC’s deployment committee and its alliance partners
The investment firm made an offer for the 40.5% stake in the country’s third-largest mobile phone company
Credit bureau sees more defaults ahead as central bank increases interest rates
The improved sentiment is a result of increased merchandise export and import volumes and more new vehicles sold, Sacci report says
The message is clear: the military will uphold China’s claim on Taiwan in a challenge to the US that will keep tension high and ramp up the risk of confrontation
Top swimmers have a rivalry that could develop into one of SA sport’s greatestt
Price cuts in petrol and diesel expected for the second month running
Mia Kruger from Kruger International chose Apple as her stock pick of the day and Mark du Toit from OysterCatcher Investments chose Absa.
Kruger said: “I’m going for Apple, I think it’s a great company to add to your portfolio at any time. With the global developers conference they said that where they’re actually making their platform more open architecture, they’re opening it up to more of an integration with other developer platforms and we think it’s a great opportunity.”
Du Toit said: “I’m picking Absa, we’ve seen a very strong run in the SA retailers and I do think that our SA banks have lagged their performance. We’re probably going to see some rotational retailers into the banking sector. All our banks came out with trading updates over the last month and they have been broadly positive.”
Mia Kruger from Kruger International and Mark du Toit from Oyster Catcher Investments talk to Business Day TV
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Published by Arena Holdings and distributed with the Financial Mail on the last Thursday of every month except December and January.