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Last week, the two most important central banks for local investors held monetary policy meetings. The US Federal Reserve (the Fed) is arguably even more important for local investors than the SA Reserve Bank (SARB).
The listing of Prosus, the new company that holds the international online assets of South African media group Naspers, marks another key step in the unbundling of Naspers, which holds the biggest weight in the FTSE/JSE All Share Index. This index is the primary measure of performance of the South African stock market.
Do you think short-term insurance broking will survive the AI plus humanoid robotics age?