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Good Morning Voornaam,

Ghost Wrap is a quickfire podcast that brings you the latest on Spar, Equites - Shoprite, Absa, Italtile, Fortress, Sanlam, Thungela, Kumba and Gemfields. You won't believe how much you can learn in under eight minutes! This podcast is proudly sponsored by Mazars. Listen to it here>>>

Ghost Bites:

Aspen takes a big step for vaccines in Africa
The restructuring of Ellies is an expensive process, but operations seem to be moving in the right direction at least
Northam juices up the Royal Bafokeng offer by increased the cash component (not the offer price)
PBT pulled off a smart deal with Sanlam that sees it offload the preference shares in the B-BBEE structure to Sanlam, a far more natural owner of such an investment
Shoprite can buy most (but not all) of Massmart's cash & carry stores - and no, I'm still not sure what the appeal is

For these updates and many more, including director dealings from a busy day on the JSE, read Ghost Bites>>>

Do you have your own business?

I know how tough it is out there. So do my fellow co-founders at bizval, one of the startups that I am proudly involved in.

To give you an opportunity to reflect on such a tricky year and to celebrate our first few months of operations, we are making bizval live valuations absolutely free to Ghost Mail readers this month. This means that you can use our professional tool to get a valuation of your business, while testing our new scenario offering that lets you play around with assumptions and see the impact on the valuation.

It makes no sense not to use this offer worth R2,500. Just use the coupon REFLECT on checkout to qualify.

Find bizval live on this pageont> with our services and go have fun!

A weak day for the rand

Having touched the R17.55 level yesterday and without any obvious reason for doing so, the rand is in a precarious position for the release of US CPI numbers. We also have the FOMC meeting with the next interest rate decision. The expectation is a hike of 50 basis points, which the market seems to have priced in. The ECB interest rate decision is also coming later this week.

In TreasuryONE's view, the major risk is the US inflation number, as the central bank activity is more likely to have been priced in.

Magic Markets font>

The latest episode of Magic Markets is a solid recap of some of the major themes that played out in the markets this year. We talked about topics like energy, inflation, banking and more. Petri Redelinghuys of Herenya joined us for the discussion that you can enjoy here>>>

With that, I leave you to a great Tuesday!

Ghost Bites (Aspen | Ellies | Northam Platinum - Royal Bafokeng Platinum | PBT Group | Shoprite - Massmart)

Aspen takes a big step for vaccines in Africa This deal includes the receipt of $30 million in funding Back in August, Aspen announced an agreement with the Serum Institute of India that would allow Aspen to manufacture, market and distribute four routine

Are consumers craving credit?

Chris Gilmour digs into the tricky topic of whether South African consumers are in a position to keep borrowing (and hence buying).

TreasuryONE webinar: likelihood of a recession in 2023?

Is the world headed for a recession in 2023? Join yours truly and the team from TreasuryONE in unpacking the data and answering great questions from the attendees of this webinar.

Is the Disney Magic Gone?

Chuck Saletta from EasyEquities looks at the change in management and Disney's investment case.

Ghost Wrap #5 (Spar | Equites | Absa | Italtile | Fortress | Sanlam | Transnet and Thungela / Kumba | Gemfields)

This whirlwind update on 10 companies is the best way to spend your coffee break. Learn about retail, property, banking, mining and more.

Listen Now

Magic Markets Ep105: 2022 Recap with Herenya

Energy. Inflation. China. It's been quite a year! In this podcast, we recap the big themes and talk about next year.

Listen Now

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