I'm sure you have seen the headlines signaling the Rand is on a downward spiral. We highlighted the Rand being at risk of weakness when it was below R13.90 to the USD two weeks ago. It's lost almost 3% but recovering steadily.
This bout of weakness is on the back of Eskom's new lifeline of R59 billion, over the next two years. After government committed R69 billion over three years earlier thi... ››› more
On 20 January 2017 Friday evening, Donald J Trump became the 45th president of the United States.
We saw the markets welcome the transition of power. But we also know the sentiment is fickle as weather.
In today's Trading Tips, and in honour of his inauguration, I want to look at three bearish (downside) trading set ups and one safe-haven gold trade.
Enjoy…
These companies may ... ››› more
I don't know if I'm alone on this but, let me ask you something.
Do you still write on a notepad on a daily basis? Do you still buy magazines and newspapers every week?
I certainly don't. Nowadays, all you need is an internet connection and a laptop, and you get all the information you need world-wide. And with an application like word, you can type and save all your breakthrough ideas on wo... ››› more
With South African roots, Mondi is a paper and packaging company. It's a major company operating in South Africa. Mondi has a listing on the Johannesburg Stock Exchange…
Full name: Mondi Limited
Short name: MondiLtd
Ticker: MND
Sector: Basic resources – forestry & paper
Five top facts about Mondi
Fact #1:
Mondi employs 25,000 people across more than 30 countries. In South Afric... ››› more
Founded in 1967 in South Africa, Mondi has expanded to become an international paper and packaging group. It makes up one of the top 40 companies on the Johannesburg Stock Exchange…
Full name: Mondi Plc
Short name: Mondiplc
Ticker: MNP
Sector: Basic resources – forestry & paper
Five top facts about Mondi
Fact #1:
Mondi employs over 25,000 people in 30 countries at its paper and... ››› more
Yesterday, shares in Mondi rose swiftly after the company released its interim management statement.
The paper making company revealed a sharp rise in profits for its first quarter.
Shares hit an all-time high on the Johannesburg Stock Exchange.
Let's take a closer look at what the company revealed…
Mondi saw operating profits rising significantly in three months
Mondi [JSE:MND... ››› more
Last week, the European Central Bank Chief, Mario Draghi took measures to jumpstart the European economy.
He announced that the European Central Bank (ECB) would actually charge banks to deposit money with it. And it's reduced its lending rate to a new record low of just 0.15%.
His reasoning for all this?
He wants to get the banks to lend more money and encourage people in Europe to spend m... ››› more
Earlier today, Mondi Ltd released its results for the full year to the end of December. The paper and packaging giant surprised with a solid set of results boasting jumps in earnings and profits. The share price responded favourably to the news. Let's take a closer look at what the results revealed…
Mondi shares soar on back of results
The market greeted Mondi’s results with open arms tod... ››› more
Mondi, a South African paper and packaging company, posted some ‘healthy' interim results earlier today. The company is thriving with high demand and continued expansion. Read on to find out what the results revealed…
Mondi “posted a 48% jump” in earnings for the first six months of the year, says Fin24. The increase in earnings is due to the “benefits of its recent acquisitions” and... ››› more