Index Levels: The FTSE/JSE All-Share Index (SAALL) closed near 114,061 points, up roughly 3.4% over the past month and up nearly 11.9%…
Yields Holding Firm: South Africa’s benchmark 2035 government bond yield settled near 8.435%. Rating Outlook Upgrades: Stronger mining tax revenues and a third…
The South African Rand (ZAR) has consolidated near five-month highs, trading in a tight R16.05/$ to R16.25/$ range.
1. Sovereign Fixed-Income Opportunity: Tightening yield spreads and falling default swap rates reaffirm high global appetite for South African fixed income.…
Following the tax updates released earlier this year, National Treasury and the SARB published a new joint draft framework:
The South African Reserve Bank (SARB) continues to face heavy market scrutiny following its split vote to hold the repo…
A primary theme in local capital markets is the divergence between credit rating agencies and real-time secondary market pricing:
The SARB’s decision to maintain rates amidst elevated near-term inflation highlights a critical environment for private and institutional portfolios: 1.…
The South African financial ecosystem is rapidly advancing toward modernizing its interest rate benchmark standards:
The dominant storyline across local financial markets is the aftermath of the South African Reserve Bank’s (SARB) Monetary Policy Committee…