News

Powerhouse India is poised to become a key brick in Africa’s trade construction

RMB CE James Formby says SA businesses need to factor India into their strategies and capitalise on the economic wonder the country is fast becoming.

India and South Africa: Strengthening historic ties

Trade and business links between South Africa and India will get a welcome boost from President Cyril Ramaphosa’s visit to Delhi this week.

Capitalising on the multiple opportunities the India-Africa corridor offers

RMB CEO James Formby feels bullish about India ahead of President Cyril Ramaphosa's visit to this exciting growth market.

Celebrating 10 Years in India

FirstRand Bank is committed to the Indian continent, having served clients within India and the Indo Africa corridor since 2009. Hear from key leaders in the FirstRand group as they reflect on this journey: Allan Pullinger, CEO of the FirstRand Group; James Formby, CEO of Rand Merchant Bank; and Caryn Baird, Head: Human Capital for the FirstRand Group.

Powell's speech and importance of Inflation

The content of the speech by Jerome Powell during the Jackson Hole conference is out and, as was widely expected, there is a change in thinking about how they will go about tackling inflation.

Dow Jones rise and bunched up volatility

Dow Jones has jumped up by 1173 points which is close to 4.5% in percentage terms. The 5% kind of moves on daily basis in the most liquid and most researched asset class points to the fact that something underlying is in churn and undecided.

Volatility and compulsory explanations

After a rise of 4.5% on Wednesday, on Thursday Dow Jones plunged by 3.6%. So the explanations which were bandied for the Wednesday rise like Biden bump have not been able to hold for long. The spread of corona virus is again back as the prime reason for volatility in the markets.

History in the making and curious Correlations

Sometimes when the history is getting written, the perspective of people who are living through it is completely different from the historians or analysts who analyse it with the benefit of hindsight.

Return of green and George Orwell's Animal Farm

On Monday when we had written that history is getting created, the premonition at least proved amply right for the Indian stock markets. Markets were closed yesterday on account of holiday and have opened today in slight green.

Fed emergency cut and acceptance of unknowability

Fed in an unprecedented action has lowered the benchmark rate by 100 bps to get the target range to 0% - 0.25%.