Different investors have different needs - and Trive South Africa is here to fill the gap. In this article, CEO Travis Robson gives his views on the stockbroking market and how Trive is stepping up to the challenge.

Are your tax-free savings returns ghosting you? Fedgroup may have a solution, explained here.

Bidcorp is killing it

Credit where credit is due: Bidcorp has delivered the goods in recent months. The valuation multiple is lofty and investors don't seem to mind, buying into a food service model that boasts multiple customers across almost the entire world. Bidcorp is a true rand hedge, with only a small percentage of revenue generated in South Africa.

With a European winter that was far better than anyone expected, along with improved sentiment towards trading conditions in China, the share price has been on a charge since October. The latest trading statement was even more positive than the market expected, taking the share to all-time highs.

If you missed it, I personally wouldn't chase it.

Other major news included Ellies finally announcing an acquisition in the alternative energy space. The company is paying up, with a 10x multiple for a generator and solar operation. Thankfully, there's a sub stantial earn-out to protect shareholders in this deal. We also saw several mining updates (De Beers within Anglo American, as well as Glencore and Harmony) and results out of MTN Nigeria, the most important of the African subsidiaries. To cap off Ghost Bites this morning, Vukile updated the market on footfall over the festive season at its malls in South Africa and Spain.

I do the hard yards with SENS announcements so that you don't have to. Get what you really need to know in Ghost Bites this morning>>>

And remember, the Ghost Wrap podcast is the best way to catch up on the biggest stories of the prior week. For the most efficient update on the local market, check it out here and subscribe to the podcast on your favourite podcast player. Ghost Wrap is brought to you by Mazars.

So, 25 basis points it is!

At the FOMC meeting last night, the Fed hiked rates by 25 basis points as was widely expected. The rand came under pressure based on initial comments by the Fed around elevated inflation and a need to return it to 2% over time.

The ECB is also due today, with an expectation of a 50 basis points hike. TreasuryONE expects volatility to increase ahead of the weekend.

Finally, get those earphones out of your drawer today and enjoy Episode 109 of Magic Markets with Petri Redelinghuys of Herenya Capital Advisors. We talked about the mood of traders in the community and the outlook for South Africa, including some silver linings. Enjoy it here>>>