I identify as "Hedgefund Manager"

My Pronouns are : Investors/Analyst/Portfolio Manager/Hedgefund Manager 😅🤞

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The South African Reserve Bank (SARB) raised interest rates by 25 basis points, citing escalating global inflation risks linked to the ongoing Middle East crisis and mounting pressure on domestic fuel and food prices.

https://dmarketforces.com/south-africa-reserve-bank-hikes-rates-25bps-to-fight-inflation/

#SouthAfricanReserveBank #SARB

South Africa Reserve Bank Hikes Rates 25bps To Fight Inflation

The South African Reserve Bank (SARB) raised interest rates by 25 basis points, citing escalating global inflation risks linked to the ongoing Middle East crisis and mounting pressure on domestic fuel and food prices.

MarketForces Africa
The South African Reserve Bank lowered its interest rate to 8.00% in Sep, down from 8.25% in the previous decision, in line with the consensus of 8.00%. #SARB #InterestRates #SouthAfrica
MPUMALANGA: Eleven suspects have been arrested after being found with counterfeit money to the value of R3 million in Ermelo. Police say the suspects 25-45 are all illegal immigrants from Uganda. #SARB #SARS #HomeAffairs #CrimeStats

「SA’s foreign investment story is better than you think

#SouthAfrica has seen a net FDI inflow (inflows minus outflows) every year since 2018, says PwC’s April Economic Outlook bulletin.

“This may come as a surprise to some considering the country’s economic challenges and obstacles faced by private business. Many would expect that outflows would overshadow inflows. However, data from the #SouthAfricanReserveBank (#Sarb) shows that the country’s net #FDI flows averaged R58 billion per annum after the global financial crisis when excluding 2021.”

[...]

South Africans have a generally negative view of public #governance and #ServiceDelivery, but the country does better than many think on objective measures such as the #WorldBank’s Worldwide Governance Indicators (WGIs), which measures six factors, such as regulatory quality, rule of law, control of #corruption and government effectiveness for more than 200 countries. SA ranks about midway in the WGI ranking.

Because South Africans have witnessed a decline in the quality of public services, many assume the country underperforms its peers. This is a narrow view.

Being a middle-of-the-pack performance rather than something more dismal accounts to a large extent for the moderately positive view of the country’s governance held by foreign investors.」

https://www.moneyweb.co.za/news/economy/sas-foreign-investment-story-is-better-than-you-think/

#GoodNews

The plot below shows access to simple bank accounts in South Africa. What can @SAReserveBank (the regulator) do in order for our banks to be agents of growth and change?
#finance #investment #education #growth #inequality #southafrica #SARB #chile #usa

We are talking about the same story today, right? 🤔

#SouthAfrica #PhalaPhala #Ramaphosa #ANC #SARB #SouthAfricanReserveBank

„it would be a drastic step to exclude #SouthAfrica from those monetary mechanisms.
Yet, #Sarb believes the threat cannot be ignored. […] our ongoing implosion will accelerate by orders of magnitude and our #rand could soon start to resemble the Zimbabwe dollar, which is almost worthless […]
Yet, for our #ANC masters, loyalty is something you put above the welfare of your people. […] because when it comes to ANC priorities, ordinary people don’t make it on to the list.“
https://www.citizen.co.za/news/opinion/putin-visit-a-red-flag-for-sanctions/
Putin's visit is a red flag for sanctions | The Citizen

For our ANC masters, loyalty is something you put above the welfare of your people.

The Citizen