November 14, 2024
Schroders plc appoints Chief Financial Officer and elevates Group CIO
Schroders plc have announced the appointment of two Executive Directors to the Board effective from 1 January 2025, subject to regulatory approval.
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September 27, 2024
IRCAI, Zindi, and AWS Launch AI for Equity Challenge
The AI for Equity Challenge, led by IRCAI, Zindi, and AWS, empowers global innovators to develop AI-driven solutions addressing climate change, gender equality, and health equity. Participants will leverage AWS cloud services to tackle U.N. Sustainable Development Goals 3, 5, and 13.
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November 12, 2024
The first cut is the deepest
Old Mutual Wealth Investment Strategist Izak Odendaal discusses the significance of recent interest rate cuts by the US Federal Reserve and the South African Reserve Bank (SARB). The Fed's 50-basis-point reduction signals a proactive approach to unemployment, while SARB’s more cautious cut reflects improving economic growth and a positive inflation outlook.
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November 4, 2024
Cape Town’s short-term letting frenzy not slowing down anytime soon
Cape Town’s Atlantic Seaboard is experiencing record capital growth, with rental prices 15% higher than other regions. Driven by tourism, remote work, and a weak Rand, demand for properties is surging, making it a prime real estate investment destination.
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November 12, 2024
Investec Group Reports Strong Interim Performance
Investec Group's pre-close trading update for the interim period ending 30 September 2024 highlights continued momentum across its diversified client franchises, despite a slower start due to national elections in their key regions.
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November 4, 2024
Rate cut expectations: what the SARB and US Fed might do this week
Anticipation is building as the South African Reserve Bank (SARB) and its larger counterpart, the US Federal Reserve (Fed), prepare to announce their upcoming interest rate decisions.
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