|ICE Brent front month (USD per barrel):||51.94|
|ICE RB Coal - close (USD per tonne):||42963|
|XAU/USD - Gold (USD per troy ounce):||1288.61|
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SA retail sales and Fed minutes in focus
Moody’s released its regular credit opinion on South Africa in which it points out deep and well-developed domestic financial markets and a well-capitalized banking sector, sound macroeconomic framework, and low share of foreign-currency debt in total public debt as credit positive factors. As we wrote yesterday, the gradual erosion of the institutional framework, low growth, high unemployment, and the accumulation of public debt and government contingent liabilities were cited as credit negative factors. The agency’s economic growth...
If you’d like to find out exactly what we have to say, contact your RMB relationship manager to get access to our research.
RMB is proud to present the sixth edition of Where to Invest in Africa — A Guide to Corporate Investment. Our theme for this edition is Back to the Future as we evaluate Africa’s past progress, present predisposition and future prospects.