Ghost Bites:Harmony Gold, or Harmony Copper? Harmony is diversifying the business with a major deal in Australia.Life Healthcare emerges from the pandemic with a different earnings trend to competitorsThe fight between Mpact and Caxton is literally just warming upThungela believes it can mitigate the Transnet strikeThere's enough drama in Ghost Bites this morning that you won't need your favourite Netflix show this weekend. Get your fix here>>> A love letter from a reader - to rhodium, not to meGreg Salter is a talented guy. An avid reader of Ghost Mail, he decided to put pen to paper and wrote a cracking piece on how rhodium played a huge role in seeing our economy through the pandemic. Eskom may be the thorn, but rhodium is the rose. Find out why in this excellent piece>>> DealMakers is back!After taking a break for a couple of wee ks, the team at DealMakers is back with their signature summaries of the corporate activity on the market. This includes major unlisted deals, so be sure to read through the summaries to make sure you didn't miss anything this week. For example, you can get up to speed on South African M&A or South African corporate finance activity. In an opinion piece that will appeal to those who have been following the s164 appraisal rights stories on the JSE, two young lawyers from Fasken unpack t he recent court ruling in a case involving Capital Appreciation Limited. Jobs, hurricanes and a webinarThe dollar is trading firmer despite weekly jobless claims increasing from 209,000 to 219,000. Whilst this would've normally be interpreted as a slowdown in the economy (which is bullish for the dollar), the reason for the increase is attributed to Hurricane Ian causing havoc in Florida. Even a sharp increase in the number of job cuts couldn't stop the dollar, which took the rand back above R17.90. This is merely a taste of the reaction we could get to US non-farm payroll numbers today. By now, you are well aware that TreasuryONE is our source is of excellent daily commentary on the markets. The team is back with another webinaront> on Wednesday 12th October at 1pm. You absolutely do not want to miss it, as they will shed light on the macroeconomic chaos that has driven markets this year. Best of all, attendance is free! You just need to register here>>>
Look to the futureOn this busy Friday, there's also a brand-spanking-new episode of Magic Markets for you to dig into. Justine Brophy from AnBro Capital Investments j oined us to talk about why he feels good about the future, particularly when considering the earnings trajectory and ongoing opportunities being unlocked by companies in growth sectors around the world. Our goal in Magic Markets is to bring you highly experienced views on the market and the team at AnBro always delivers. Listen to it at this link>>> Have a terrific weekend! | 