Odwa Mjo, BusinessLIVE

Odwa Mjo

BusinessLIVE

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Past:
  • BusinessLIVE

Past articles by Odwa:

MARKET WRAP: JSE drops to lowest level since June on Covid-19 worries

The JSE all share fell 0.41% and the top 40 was down 0.22%, while banks dropped 3.09% → Read More

Rand strengthens as investors mull MTBPS and rising Covid-19 cases

Locally, markets will be watching the producer price inflation data for September due on Thursday → Read More

Rand and bonds extend earlier losses as Mboweni tables medium-term budget

Mboweni said the debt to GDP ratio is expected to increase over the next few years reaching 95% in the 2025/2026 fiscal year → Read More

Consumer inflation slows to lowest in three months

The consumer price index has remained within the SA Reserve Bank’s 3%-6% target band since July → Read More

Rand may retreat from one-month high as investors await Tito Mboweni’s debt plans

If the medium-term budget fails to show a feasible way to rein in debt, the volatile rand could fall → Read More

MARKET WRAP: Rand has first day of losses in a week

Locally, investors are awaiting the medium-term budget policy statement due on Wednesday → Read More

‘Cool heads’ absent as JSE investors worry about Covid-19

Investors are awaiting unemployment and consumer inflation data during the week → Read More

Rand muted as investors await more direction on US stimulus

Locally, investors are shifting focus to the medium-term budget policy statement → Read More

MARKET WRAP: JSE ends four-day run on fading US stimulus hopes

Markets will also be watching the second and final US presidential debate between President Donald Trump and Democratic candidate Joe Biden → Read More

JSE falls as US stimulus talks stall

JSE falls as US stimulus talks stall Investors are awaiting more direction regarding negotiations for more fiscal stimulus in the US The JSE was on track to snap its four day winning streak on Thursday as stalling US stimulus talks weighed on sentiment. At 10.15am, the JSE all share was down 0.59% to 55,020.53 points and the top 40 0.64%. Resources were down 1.38% and gold miners 3.69%. → Read More

Libstar’s share price jumps to one-month high as revenue grows

Libstar said it had incurred Covid-19-related expenses amount to R16m since its interim results were released in September → Read More

Rand set for fourth day of gains with focus still on US stimulus

With the dollar softer, emerging-market currencies are firmer → Read More

MARKET WRAP: Rand and JSE gain for third day as markets await update on US stimulus

The rand has gained 2% against the dollar since September 1 → Read More

Not much movement in the rand as focus remains on US politics

The SA Reserve Bank's composite business cycle indicator rose 3.7% in August from 2.6% in July → Read More

JSE firms as US stimulus optimism lifts markets

JSE firms as US stimulus optimism lifts markets But it is difficult to say whether a bill will be approved or not, one analyst says The JSE was firmer on Monday morning tracking most global equities as optimism about US stimulus lifted market sentiment. At 9.39am, the JSE all share added 0.30% to 55,214.57 points and the top 40 was 0.22% higher. Banks were up 1.61% and financials 1.14%. → Read More

ECONOMIC WEEK AHEAD: Focus will be on SA’s growth cycle

Also due is tourism accommodation data for August, which is likely to reflect the dire effect of the national lockdown → Read More

Rand set for first day of gains in three while focus remains on global risks

Rand gains 0.36% to the dollar early on Friday morning as global markets focus on US stimulus and rising number of Covid-19 cases → Read More

Adcorp share price jumps the most in seven months as profit rises

The share price surges 133% on the company's cost containment plan to ease the effects of Covid-19 → Read More

MARKET WRAP: Rand falls for second day as investors mull SA recovery plan

Globally, investors remain concerned about the resurgence of Covid-19 in parts of Europe with new restrictions choking economic recovery → Read More

JSE drops as second-wave worries weigh on global equities

Concerns about the resurgence of Covid-19 cases and waning US stimulus hopes are negatively affecting markets → Read More