Bonds

latest news & developments
Investors trading on the Dar es Salaam Stock Exchange recorded a capital gain of 3.7 trillion Tanzanian shillings (about $1.4 billion) over the 12 months ending in September, reflecting a nearly 18.9% increase in market value.

Tanzania’s equities market surges by $1.4bn over a year

This robust growth positions the equity segment as one of Tanzania’s most profitable investment avenues

Short-term or unsecured loans are not an evil to be avoided entirely. They can be good for consumers and the economy — when used responsibly.

How short-term loans could cost you your dream home

Frequent short-term borrowing can hurt your bond application because lenders see it as a sign of financial instability, even if you make repayments on time

(John McCann/M&G)

Financial sector increases its government debt to 22%

The banking sector will be in a vulnerable position if the national treasury does not stabilise its debt

Fred White is the head of Balanced Funds and co-manages the SIM Balanced Fund at Sanlam Investment Management. (Photo: courtesy of Sanlam)

Smart investing to beat longevity risk

Investors come to a balanced fund because they want growth

Balancing the books: Finance Minister Tito Mboweni has his work out for him. (Sumaya Hisham/Reuters)

Bond auction underwhelms

Local and global factors — including the Eskom bailout and US-China trade tensions — are weighing on the appetite for government debt

(Delwyn Verasamy/M&G)

JSE cleans up after scandals

New proposals will give the stock exchange greater oversight and introduce more transparency

One kilogram gold bars.

The future of financial indicators

Metals, oil, currency, bonds … Which ones should we pay attention to and why?

President Jacob Zuma delivers the state of the nation address in Parliament on Thursday. Security forces were called to eject EFF members who interrupted Zuma’s speech. (Rodger Bosch, AFP)

Confident Denel may yet face debt troubles

The arms company is certain it can refinance its debt but investors are wary after Futuregrowth’s decision to end lending to state-owned enterprises.

Africa’s ticking time bomb: $35-billion worth of Eurobond debt

At least a dozen sub-Saharan Africa countries have raised debt through sovereign bonds. The chickens are now coming home to roost.

Eskom a ‘bond-buying’ opportunity

The utility may struggle to keep the lights on, but its debt is attractive to international investors.

The economy probably grew 1.4% last year after strikes in the platinum-mining and manufacturing industries curbed output

Bond buyers deterred by Fed rate outlook

Foreign investors offloaded more rand-denominated debt than what they bought last year, as demand for emerging market bonds declined.

Labour unrest in the mining sector has hit where it hurts. So what does South Africa’s first credit downgrade in nearly two decades mean?

African Bank downgrade doesn’t mean a redemption for bondholders, says CFO

African Bank says holders of its debt cannot ask for an early repayment of its bonds, despite being downgraded to "junk" status last week.

Reserve Bank: SA’s markets have lost twice as much as gained

The Reserve Bank says the outflows from bond and equity markets since January has been double the entire amount that flowed into our shore in 2013.

SA bonds subdued ahead of Budget speech

South African bonds were strengthened as the currency appreciated somewhat, but some analysts feel the bolstering is a temporary one.

Rand Merchant Bank acted as lead manager for the sale of First Strut’s R925-million bond. The company

Weaker rand and socio-economic uncertainty weigh on bonds

The South African bond market was weaker on Thursday morning due to a weaker rand and uncertainty about the political environment.