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Another milestone

29 October 2004

The second stage of the deal is formalized and now a more broad-based shareholding grouping in the BEE consortium in ABSA is announced, although Tokyo Sexwale maintains a 7% interest, with Leslie Maasdorp and Ntobi Angel sharing 7%.

Currencies

28 October 2004

The rand soared to a three month peak against the dollar yesterday after China unexpectedly raised interest rates, prompting speculation that the Chinese unit would not be revalued soon and hitting the greenback.

China hikes rates

28 October 2004

This was down after China announced an interest rate increase – the first such increase in 9 years.

Still going strong

28 October 2004

According to the latest monthly Absa House Price Index, nominal year-on-year growth of 33,7% was recorded in house prices in September 2004.

quick poll

Question

As an adviser reading this article, which discipline do you find most important for retirement planning?

Answer

Improving preservation decisions Managing debt before retirement Ongoing member-fund engagement Setting a target pension

View the Results

Focus

27 October 2004

A good day

27 October 2004

Suprising...

26 October 2004

A little loose

26 October 2004

Blast…

25 October 2004

An upside...

19 October 2004

Who knows?

17 October 2004

History repeats itself...

14 October 2004

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Investments / General

Another milestone

Currencies

China hikes rates

Still going strong

Focus

A good day

Suprising...

A little loose

Blast…

An upside...

Who knows?

History repeats itself...