Global
The start of the year heralded an unpredicted slowdown in economic growth, lingering inflation and many guesses regarding the pace of interest rate increases around the world. Read more
South Africa
The South African Reserve Bank’s Monetary Policy Committee (MPC) decided to increase the repurchase rate by 0.25% taking it to 4%. Read more
Market Performance
The
South African equity market started the year on a positive note as the FTSE/JSE All Share Index
gained almost 1% outperforming their global developed and emerging market counterparts by a wide margin, courtesy of strong performance from Sasol (33%), BTI (13%) and MTN (12%). This was in stark contrast with global markets as the MSCI All Country World Index shed almost 5 (in US dollars) in January. Read more