Weekly wrap: Higher rates, Renergen gets going, and more

RAF CEO to pay legal costs from his own pocket | Time running out to salvage 23 rejected wind energy projects | A look at what's happening at the UIF

View this email in your browser Happy Friday John Fri, 27 January 2023 Week's top stories Sarb lifts repo rate by 25bps Ntando Thukwana Which may signal hiking cycle is abating. High Court orders RAF CEO to pay legal costs 'out of his own pocket' Roy Cokayne Judge criticised the late settlement of RAF claims when enormous costs of litigation were already incurred and not preventable. Time running out to salvage 23 rejected wind energy projects Moneyweb Bidders have invested about R100m in projects that cannot proceed as planned due to a 'communications failure' on Eskom's part. As PnP and Takealot inch ever closer, would a merger make sense? Moneyweb These businesses may just be better together than apart. Eskom tariff hike will cut national minimum wage offer by 47% Nondumiso Lehutso Report cautions that many workers will be no better off than they were last year. Featured The FixSA podcast SA ‘not close to breaking point at all’ – Imtiaz Sooliman Jeremy Maggs The country doesn't belong to the government, it belongs to us. And we need active citizenry to do things together: Gift of the Givers founder. New Podcast Moneyweb’s Small Business Conversations Podcast returns with a new host Moneyweb The weekly podcast will bring critical issues affecting the country’s small business sector into the spotlight. Podcast brought to you by STANLIB Simon’s weekly wrap: Investors, be circumspect Simon Brown This week MoneywebNOW looked at Prof Bonang Mohale's sentiments on WEF and SA, why investors should be cautious of investing in China or ArcelorMittal SA, an app fostering kids' saving habits and Karooooo's results. Week's top podcasts RADIO » PODCASTS » Renergen (finally) starts producing helium RSG Geldsake What's happening at the SA Unemployment Insurance Fund? RSG Geldsake 'Not only are we asking for trouble, we are actively inviting it’ South Africa The big opportunities in cryptos are in 2023, not 2024 Moneyweb Crypto Gas: a key solution to our electricity problems? Industry Podcast: R6bn Whetstone Business Park takes off near King Shaka International The Property Pod [TOP STORY] Changing children’s relationship with money Personal Finance From our Advisors GET LISTED » CONTACT US » Advisor views VIEW ALL » What to know when setting up your retirement annuity Gareth Collier - Crue Invest (Pty) Ltd Particularly if you intend on doing so before the end of the 2022/2023 tax year. How can you achieve financial freedom? Michael Haldane - Global & Local The Investment Experts You need to know how to differentiate between needs and wants. Know how to employ these estate planning tools effectively Eric Jordaan - Crue Invest (Pty) Ltd The latest US CPI report: Under the surface Mauro Forlin - Global & Local Asset Management US inflation is expected to continue to fall toward the target range this year, but many factors could cause a reversal. Ask an advisor VIEW ALL » SUBMIT A QUESTION » How much must I allocate to property in my investment portfolio? One factor to consider is what you want to achieve by including property – is capital growth your main objective, or do you want to create an income-paying investment portfolio? Top voted comment TRENDING » SUBSCRIBE » casper1: “About time that these appointed clowns start paying for their incompetence out of their own pockets !!!!!” 197 votes On story: High Court orders RAF CEO to pay legal costs ‘out of his own pocket’ Top viewed companies JSE SEARCH » 1 Renergen Ltd. » 2 Sasol Ltd. » 3 Thungela Resources Ltd. » 4 Naspers Ltd. » 5 Steinhoff International Holdings N.V. » 6 Prosus N.V. » 7 ArcelorMittal South Africa Ltd. » 8 Sibanye Stillwater Ltd. » 9 MTN Group Ltd. » 10 Capitec Bank Holdings Ltd. » Latest indicators MORE » ALL DATA TOOLS » Current Value 7 Day 1 Month 3 Months 6 Months JSE ALSI 80,919.74 27 Jan, 15:23 0.81 % 9.55 % 19.94 % 17.66 % Industrial 25 103,816.88 27 Jan, 15:25 2.35 % 14.77 % 30.73 % 21.80 % Financial 15 16,336.18 27 Jan, 15:24 0.78 % 2.26 % 3.43 % 6.23 % Resource 10 78,113.81 27 Jan, 15:24 -1.61 % 8.92 % 23.56 % 26.85 % Top 40 74,873.30 27 Jan, 15:24 0.98 % 10.63 % 23.17 % 20.16 % Current Value 7 Day 1 Month 3 Months 6 Months USDZAR R 17.19 27 Jan, 15:35 0.39 % -0.49 % -4.47 % 2.80 % GBPZAR R 21.28 27 Jan, 15:34 1.11 % 2.68 % 2.47 % 4.94 % EURZAR R 18.70 27 Jan, 15:32 1.32 % 1.91 % 4.44 % 9.75 % AUDZAR R 12.24 27 Jan, 15:32 2.81 % 5.12 % 5.26 % 4.57 % Get full access to all our market indicators, investment tools and award‑winning articles. R63/month or R630/year SUBSCRIBE NOW You can cancel at any time. Quick links Home » Daily Indicators » SENS » JSE Search » Radio » Podcasts » Sign in » Register » Contact us Phone: +27 (0)11 344 8600 Newsroom: [email protected] Advertising: [email protected] Technical & Account Enquiries Support requests are not handled by phone. Get help quickly by emailing us at [email protected]

This email was sent to [email protected] why did I get this? unsubscribe from this list update subscription preferences Moneyweb (Pty) Ltd · AME Office Park, 5, 8th Street · Houghton Estate · Johannesburg, Gauteng 2196 · South Africa