| For many of you, things slow down after today. Take the opportunity to learn about the global companies you've always been interested in, along with a few you haven't thought of. Get ready to trade and invest with confidence in 2023 by learning from your favourite ghost and Mohammed Nalla on the Magic Markets Premium podcast, with around 60 reports now available in the library. For just R99/month or R990/year, it also makes a great Christmas gift! Subscribe here>>> Ghost Bites:Adcorp is giving up on allaboutXpert Australia, placing the busin ess into voluntary administrationThere's finally a firm intention announcement to acquire and delist Alviva, with the consortium offering R28 per shareIn Brimstone's voluntary NAV update, we see an 11.7% decrease in the intrinsic NAV per share over nine monthsEllies is a group in transition, and they really don't have any time to waste, with losses mountingMpact is investing R1.2 billion in Mpumalanga, a direct benefit of our fruit export sectorWith an interesting mix of news this morning, Ghost Bites is a great read>>> If you haven't gotten around to it yet this week, remember that the Ghost Wrap podcast brings you a whirlwind upda te on the likes of Spar, Equites, Absa, Italtile, Fortress, Thungela, Kumba and Gemfields in under eight minutes. Brought to you by Mazars, this podcast is a favourite for busy people>>> Never a dull momentLet's start with the Fed, which raised the benchmark rate by 50 basis points in line with expectations. The median year-end 2023 prediction for the federal funds rate has increased to 5.1% and the estimate for the end of 2024 is 4.1% inflation. TreasuryONE also h ighlights that locally, the rand spiralled on the news that Andre de Ruyter has resigned as CEO of Eskom. This reversed much of the benefit of the softer CPI number in the US and a positive outcome in President Ramaphosa's battles, with the rand trading at around R17.25 to the dollar. DealMakersWith a public holiday tomorrow, DealMakers is a day early this week. Aside from the usual summaries of local M&A, African M&A and local corporate finance action, there are three other pieces to enjoy: Appropriate regulation is needed to help address SA's power crisisA technical legal look at corporate governance considerations for boards overseeing offshore entitiesRegulatory aspects related to simple agreements for future equity (SAFEs), which have become common in the venture capital space Magic Markets - you don't want to miss thisWe are thrilled to release a very special episode of Magic Markets with an excellent international guest. Marko Papic is well known in the geopolitical space and with good reason, having written Geopolitical Alpha and travelled the world as part of advising large pension funds and institutions. In this fantastic episode, we talked about his (often unorthodox) views on the likes of China, oil prices, Russia-Ukraine, European energy and the multi-polarity of modern geopolitics. You cannot miss this show. Listen to it here>>> Going directFinally, make some time today to watch the recent bizval webinar on building a direct-to-consumer business. Together with the founders of Desray and Silvery, we unpacked many of the challenges facing online retail businesses. Learn from the people who have the scars to prove their experience by watching this recording>>> With that, I wish you a safe long weekend! PS: everyone has heard the Jenna Ruyter joke, please refrain from using it around the braai this weekend...
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