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Making the announcement at a briefing at the JSE today (6 Feb.), Mike Brown, newly appointed first full time employee of Satrix, says that the Satrix Exchange Traded Fund (ETF) applied to the FSB in November to convert to a collective investment scheme.
A stronger currency spoiled the equity party again yesterday, says Nico Kelder, economist at the Efficient Group.
Trading on local equities were lacklustre yesterday as our currency gained against the majors, says Nico Kelder, economist at the Efifcient Group.
Local equities were undecided on whether the money supply and trade data were positive or not, and closed slightly down on Friday, says Nico Kelder economist at the Efficient Group.
Would you willingly give up your medical scheme membership under a fully implemented NHI?