Free Trial
USDCAD TECHS

Consolidation Mode But Remains Bearish

AUDUSD TECHS

Fails To Hold Onto Thursday’s High

US

'Big Tech' Bill Goes To Senate

COMMODITIES

Oil Up For Fifth Week On Supply Disruption, Geopolitics

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
Sign up now for free access to this content.

Please enter your details below and select your areas of interest.

LOCAL NEWS

  • Senior labour official says government is readying mandatory vaccination policy that will likely be implemented early in 2022. Notes NEDLAC has come to a broad agreement on the matter but some details are yet to be ironed out.
    • SA’s largest union, Cosatu was initially against it but has now joined the chorus backing the move
  • ATM says it will push for a no confidence vote in Ramaposa through a secret ballot following Thursday’s supreme court of appeal ruling which set aside the Western Cape High Court’s verdict against the ATM’s motion two years ago.
    • ATM says the vote is justified on the grounds of SOEs collapsing under Ramaphosa’s watch and misleading parliament by saying there would be no more load-shedding
  • Eskom hands over details of 30 defaulting customers in the Emalahleni municipality in Mpumalanga in a bid to claw back R5bn owed in energy payments – threatening blackouts if residents fail to pay.
    • Authorities in the district say that high levels of unemployment have contributed to the growing trend of non-payment, but it’s residents, businesses and even some government departments that are at fault.
    • The struggling power utility is constantly engaging with defaulters and working out payment plans to recover losses