MARKET WRAP: Rand gains on upbeat sentiment over US infrastructure bill

MARKET WRAP: Rand gains on upbeat sentiment over US infrastructure bill

2021-08-02 07:30:00 PM

MARKET WRAP: Rand gains on upbeat sentiment over US infrastructure bill

The JSE came within about 200 points of its record high, before weakening a little by the close, as Covid-19 cases rise again in some countries

02 August 2021 - 18:27Lindiwe TsoboThe rand was among the best-performing emerging-market currencies on Monday as investors welcomed progress in the US infrastructure bill, which increased risk sentiment generally.The unveiling of the roughly $1-trillion bipartisan infrastructure bill at the weekend, containing $550bn of new spending over five years, lifted sentiment.The bill is expected to be passed in the next few days after an amendment process...

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eNCA Entrepreneurship Friday | 17 September 2021

From doing fresh fades on his stoep to opening his 50th store. Legends Barbershop was started in 2011 but its growth in the market took off in 2014.\u003Cbr /\u003E\r\nSheldon Tatchell took a stab in starting the country’s most talked-about barbershop. And what\u0026#039;s great is that he has not kept his talent to himself.\u003Cbr /\u003E\r\nLegends has a training platform for budding barbers looking to enter the industry.

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GAYLOR MONTMASSON-CLAIR: One last chance to decarbonise or forgo the EU marketSA should transition to a low-carbon economy before it is too late as the bloc plans to tax imported goods based on their climate credentials

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Cathie Wood leads the way as investors flood US active ETF marketNew funds are arriving at double the rate of passive rivals, boosting its market share by a third