In 2022 South Africa’s automotive industry saw a 14% improvement in new car sales.At the same time – sales were still around 50% lower than the 2013 highs…But this recovery trend has suddenly stalled.Interest rates are taking their toll, and consumers are in distress.So – are car sales on the upward or downward trend? And what do they spellfor the two car retailers on the JSE?
Read MoreIn May this year gold shot through the $2,000 level to $2,051. But shortly after the price cratered and by 5 October it hit $1820.Since then, the gold price has jumped again.In fact, gold is at its highest point in the past three months right now. It is up 8.5% currently circling $1,997…
Read MoreSouth Africa’s five largest banking companies are worth more than R1.1 trillion!It’s safe to say this is one of the most important sectors in the country’s economy.But how do these five banking stocks compare – and what do the numbers tell investors about them today?
Read MoreSouth African banking stocks compared by ROE
In recent weeks there’s been a lot of debate in financial media about banking and whether they show opportunity or not.
So, let’s look at the SA banking sector as an example, and how these stocks rank by ROE, and what it can tell us about these companies…
Read MoreThe price of WTI oil is up from around $80 in August to $91.54, similarly brent crude oil is up from $84 to $95 last week.These sudden increases in the oil price are not great news for inflation in the short term…Energy and fuel are some of the greatest components of our inflation basket.If fuel prices rise, so do transport costs, food production costs, fertilizer costs…And when inflation rises – so do interest rates. But why are oil prices rising?
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