Absa Capital
latest news & developments
Row over new securities tax
Analysts have claimed that billions are at stake and the derivatives market could be destroyed because of the new securities tax touted by government.
Multi-asset ETFs invest in equities, bonds and cash
Two new ETF products could woo both the slightly risk-averse retail and institutional investor.
Rand slightly firmer; stocks may open flat
The rand firmed slightly against the dollar on Tuesday but was seen lacking momentum to push through key levels in the absence of key data locally.
Investors can diversify with passive investments
Absa provides an opportunity to invest retirement funds in lower-cost ETFs.
CPI ticks up to 3,4% in October
South Africa’s targeted consumer inflation quickened slightly to 3,4% year-on-year in October from 3,2% in September, data showed on Wednesday.
The RAFI explained
RAFI forms part of a new breed of smart beta products — and investors are keen to find out more about them.
An investment first for South Africa
South Africa’s first independent exchange-traded funds (ETF) investment platform for financial advisers is set to launch in Gauteng this month.
SA’s manufacturing output plummets
Manufacturing output in South Africa plummeted 7,0% year-on-year in December from the previous month’s revised 6,4%.
PPI jumps, points to possible big rate rise
South Africa’s producer price inflation (PPI) accelerated unexpectedly to 12,4% year-on-year in April, increasing the possibility of a bigger than previously expected…
CPIX figures ‘seal the case for rate hike’
South Africa’s targeted CPIX (consumer inflation less mortgage costs) rate quickened unexpectedly to a near five-and-a-half year high of 10,4% year-on-year in April from 10,1% in…
GDP slows due to contraction in mining
South Africa’s economic growth rate slowed to 2,1% in the first quarter of 2008 on a seasonally adjusted and annualised basis, official data showed on Tuesday, citing a sharp…
SA’s January PPI due on March 6 after delays
South Africa’s January producer price index (PPI) data will be released at 11.30am on Thursday March 6, Statistics South Africa said on Monday. The data, which will include…
September retail sales growth slows to 2%
South Africa’s retail sales growth slowed to 2% year-on-year in September at constant prices, data showed, but analysts said this was likely not enough to hold off another…
‘Strong borrowing still going on in the economy’
Growth in demand for credit from South Africa’s private sector slowed in September, but remained above forecasts, keeping up pressure for higher interest rates. Credit growth…
What would a Zuma presidency look like?
The deputy president of the African National Congress, Jacob Zuma, is to lunch with top international fund managers on Wednesday at Citigroup. This follows a report posted on the…