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Siphamandla Mkhwanazi

FNB
  • Opinion & Analysis

Siphamandla Mkhwanazi's Comment & Analysis
A complete archive of Siphamandla Mkhwanazi's articles, including current analysis & opinion - Page 5

Producer prices jumped by 6.7% y/y in April after increasing by 5.2% y/y in March. Still, the out-turn was below the Bloomberg consensus expectation of a 7.1% y/y increase. Excluding petroleum-related...
Local releases slow down this week with substantially less corporate news flow expected: Oceana Group (Interim Results): At its FY20 results, management said it expected SA’s fishing rights renewal...
March 2020 saw market prices pull back to 2008 GFC levels on account of the Covid-19 global pandemic. Equity sell off left investors searching for safe havens during extreme bouts of market...
Following a surprise increase of 2.2% y/y last month, the retail sales volumes for March declined by 2.5% – significantly underperforming market expectations of a 2.8% increase. In part, this decline...
The SARB’s MPC should hold the policy rate steady; labour market slack and spare capacity remainsThe South African Reserve Bank’s Monetary Policy Committee (MPC) meeting next week will be the third...
Look out for US retailers next week South African company releases pick up this week with several local names set to release half-year or full-year results. These companies include: Astral Foods...
Total mining output (not seasonally adjusted) grew by 21.3% y/y in March, up from a downwardly revised contraction of 2.3% y/y (previously: + 0.8% y/y) in February. Non-gold mining production grew by...
Manufacturing output growth measured 4.6% y/y in March  Total manufacturing output (not seasonally adjusted) grew strongly by 4.6% y/y in March after declining by 2.5% y/y in February. The out-turn...
US and European releases slowdown next week On the local front, look out for the following company releases next week: AngloGold Ashanti (JO:ANGJ) (1Q21 Results): At the FY20 mark, FY21 production...
South Africa’s trade surplus widened to R52.8 billion in March, from an upwardly revised R31.2 billion in the previous month. This was the largest monthly trade surplus recorded since 2010. Exports...