Positive earnings reports from US retail giants helped support sentiment in Wall Street overnight, but attention is on the future of monetary policy
Though highly skilled, SA farmers need access to support services to meet consumer demand for close-at-hand ethically farmed, organic produce
Durban plant may be at full steam only next year, with lost production of 68,600 vehicles likely
The governing party is discussing whether those criminally convicted of a serious crime should still have a home in the ANC
Earnings per share could rise as much as 37%, with the company also getting a lift from asset sales
July credit and debit card transactions and vehicle sales show us demand is strong
New survey highlights the gender imbalance that has overshadowed SA’s corporate sector for years
The South American country’s most polarised election in decades pits a nationalist populist against a former union leader who was jailed for corruption
England Test captain says he hopes his team has retained their “venom” before the three-match series against SA
Remarkably easy to travel to and magnificent to behold, the Falls are the top attraction of this Zimbabwean town with decent hotels and outdoor activities
Political events can mean big money for hedge funds. The Brexit vote in 2016 made many millions for funds who had shorted the pound. Some of those funds had bought advance access to polling data, therefore had an information advantage over the public when it came to anticipating the result.
It has long been speculated that Nigel Farage, a commodities trader before becoming a Brexit-championing politician, helped them out by appearing to concede "remain" was likely to win as polls were closing, leading to a surge in the pound. Funds who bought at that point banked a fat profit hours later when the actual results showed Brexit was winning, a fact that their polls had made clear to them.
There clearly are similar opportunities for hedge funds and other investors trading the SA markets. But instead of advance poll data, the trick is to have advance insight into key political decisions. During the Zuma years speculation was rife that information about the president’s decisions was circul...
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