Tag: rate cut

The introduction of the two-pot system, together with possible interest rate cuts, decent momentum in wages and lower inflation, could boost consumer confidence and drive an increase in spending in the months ahead. This is expected to be positive for domestic retailers, particularly discretionary names (clothing and furniture mainly).

In this vidcast, we look into the new precedent being set by the South African Reserve Bank (SARB) on seizures and forfeitures of funds. With our guest, Petri Redelinghuys, founder at Herenya Capital Advisors, we explore the different types of corporate actions and how they affect businesses. We also look into some of the considerations business owners think about when structuring their businesses.

The banking group is hopeful that impairments will decline, and client activity will continue to improve as the year progresses. Nedbank believes the worst may be behind it after suffering a large decline in first-half earnings due to what is has billed as the Great Lockdown Crisis (GLC).