| AB InBev's shares were battered on Friday after it downgraded its growth expectations for the year following a tough third quarter. This is a R2 trillion company so the close to 10% slide in its share price wiped about R200 billion from its market value. Sasol is another share that has been punished by investors recently, mostly due to issues with its Lake Charles Chemicals Project in the US. It releases its delayed annual results at the start of a busy week for corporate and economic data. Famous Brands and Adcorp are also out with results. Meanwhile, in today's newsletter Chris Gilmour also highlights some of the concerns Theo Botha has about Comair - which should be raised at its annual general meeting this week. TreasuryONE reports that after the rand traded in a fairly tight range last week, event risk could add volatility in the days ahead. That includes National Treasury's medium-term budget policy statement on Wednesday, which ratings agency Moody's will be watching closely for signs for further deterioration in our finances ahead of its next decision at the end of the week. The rand is one of the world's most volatile currencies but TreasuryONE says companies can radically improve their exchange risk profile by working with experts to add external strategy design and hedge program execution services as complements to their finance operations. If you want to gains some valuable insight into the currency market, TreasuryONE currency strategist Andre Cilliers is hosting a session on the 1st of November at 7h30, where he will share his more than 35 years of risk advice. Register here for the free session. Finally, if you need finance for your business, our partners can help you make the most informed financial decision by independently comparing SA's business lenders. Whether it be about urgently needing R5000 for cash flow and inventory growth or for a much larger loan, they are ready to assist with the growth of your business, regardless of its size. Click here now to get started. I hope you have a good week. Stephen
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