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Good Morning Voornaam,

Are you a founder of a business? This December, bizval is giving you an opportunity to value your business for free using our online platform, a gift valued at R2,500! To qualify, all you need to do is use the voucher REFLECT on checkout. Make sure you choose the bizval Live product at this link>>>

Ghost Bites:

The market enjoyed a favourable trading statement from Bell Equipment
Equites has to go back to the drawing board for the property deal with Lidl in the UK
Jubilee is going from strength to strength, signing off on a year that was full of milestones
KAP's operational update is a mixed bag (as usual), with some businesses doing well and others under pressure
Woolworths is finally selling David Jones, closing the chapter on one of the worst deals in SA corporate history

Work might be slowing down but the markets certainly aren't. Get right up to speed on these stories and others with Ghost Bites>>>

Podcasts that you can't miss

Episode 6 of Ghost Wrap is the final edition for 2022, with the latest news from MTN, Steinhoff, Alviva, Mpact, PBT Group, Shoprite - Massmart and Grand Parade Investments. Brought to you by Mazars, this is the most efficient way to stay on top of the biggest stories on the local market. Enjoy it here>>>

In the final Magic Markets episode for the year, we signed off with a bang by welcoming international geopolitical analyst Marko Papic to the show. With unorthodox views and a truly global lens that has been developed through extensive travel and conversations with top professionals around the world, Papic delivers an episode that you simply cannot miss. Listen to Episode 106 at this link>>> u>

The rand caught a bid

With local headwinds having faded after the ANC Nasrec conference, the rand looked comfortable around the R17.30 handle. TreasuryONE notes that it was a relatively dull trading day in other markets, with the dollar under some pressure in the wake of softer retail sales and inflation data.

In case you missed it earlier this month, I would encourage you to check out the TreasuryONE webinar in which we discussed the likelihood of a recession in 2023. There was a vibrant Q&A at the end of the session, and you'll find the full recording here> >>

Have a lovely Tuesday!

Ghost Bites (Bell Equipment | Equites Property Fund | Jubilee Metals | KAP | Woolworths)

Bell Equipment delivers a great trading statement. Equites goes back to the drawing board in the Lidl deal. Jubilee looks strong. KAP is a mixed bag (as usual). Woolworths exits David Jones.

Inadequate infrastructure expenditure in the developed world

Chris Gilmour is clearly still busy this December, taking a fascinating look at the infrastructure spend deficit in critical economies like the US.

Ghost Wrap #6 (MTN + Telcos | Steinhoff | Alviva | Mpact | PBT Group | Shoprite - Massmart | Grand Parade)

Telcos. Steinhoff. A take-private of Alviva. These are just some of the important updates in the final edition of Ghost Wrap for 2022.

Listen Now

Magic Markets Ep106: Global View with Marko Papic

This is an absolute must-listen, featuring international geopolitical analyst Marko Papic and his (often unorthodox) views on China, energy, Europe and so much more.

Listen Now

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