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    Mamello is macroeconomic analyst. Prior to joining FNB she worked as a macroeconomic analyst for the RMB global markets research team. She started her career at the Bureau for Economic Research, working as a trainee Economist. Mamello holds a Bachelor of Commerce Honours Degree (Econometrics) from the University of Johannesburg.

    Highlights SA: The better than expected CPI print gives us comfort in our 6.2% y/y annual average forecast. While the rand remains a risk, expected improvements in food prices could be a mitigating factor. SSA: The pending IMF support package in Zambia following the elections is expected to provide welcome relief.  It should ease liquidity […]

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    Paul is currently the Agricultural Economist for FNB and holds a B.Inst. Agrariae Honours in Agricultural Economics from University of Pretoria, and a Bsc Honours Agricultural Economics from University of the Free State.

    Get the latest insights into the global and domestic agricultural markets in our FREE newsletter, the Agri-Weekly. Not only will you get the latest trends in agriculture, you will also get insights into the outlook for each sector of various agricultural commodities, including livestock, cotton, and wool. Download the latest pdf:  Agri-Weekly: Grains & Horticulture Markets

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    John acquired the degree Master in Economics at the University of Stellenbosch before starting his career as an economist in the National Treasury. He was part of the team that implemented the country’s first Medium Term Expenditure Framework in the early days of Minister Trevor Manuel’s tenure as Finance Minister. Thereafter, he became the Southern African Macroeconomist for Globalinsight, a major United States based economic consultancy with a global presence. He entered banking with BOE Group, shortly before moving to Absa Group in 2000 where he was the senior macroeconomist co-ordinating the Group’s macroeconomic forecasting process. In 2004, he was named Reuters Economist of the Year. In 2006, he joined First national Bank to pursue a slightly different focus as the bank’s Property Economist. He’s a social endurance sport junkie, having brought up the rear of the field in events such as the Comrades Ultra-Marathon, the Ironman Ultra-Triathlon, and more recently the 2,330 km Freedom Challenge Mountain Bike Race Across South Africa. His sporting allegiances lie with the Blue Bulls.

    CPI inflation slows, now on the verge of moving back to below the SARB 6% upper target limit, thanks mostly to slowing Housing CPI inflation. DOWNLOAD the full report here

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    John acquired the degree Master in Economics at the University of Stellenbosch before starting his career as an economist in the National Treasury. He was part of the team that implemented the country’s first Medium Term Expenditure Framework in the early days of Minister Trevor Manuel’s tenure as Finance Minister. Thereafter, he became the Southern African Macroeconomist for Globalinsight, a major United States based economic consultancy with a global presence. He entered banking with BOE Group, shortly before moving to Absa Group in 2000 where he was the senior macroeconomist co-ordinating the Group’s macroeconomic forecasting process. In 2004, he was named Reuters Economist of the Year. In 2006, he joined First national Bank to pursue a slightly different focus as the bank’s Property Economist. He’s a social endurance sport junkie, having brought up the rear of the field in events such as the Comrades Ultra-Marathon, the Ironman Ultra-Triathlon, and more recently the 2,330 km Freedom Challenge Mountain Bike Race Across South Africa. His sporting allegiances lie with the Blue Bulls.

    Slightly better in June, but Leading Indicator remains in year-on-year decline. DOWNLOAD the full report here

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    Investment Analyst – FNB Wealth Passionate about investments, Chantal helped launch the FNB Securities in-house research platform and plays an important role within the content generation team at FNB Wealth. She works closely with the FNB Economics and Strategy teams in generating original ideas and communicating these thoughts to clients in a straightforward way. She holds a Bachelor of Science Degree (Mathematics and Economics) and a Bachelor of Commerce Honours Degree (Investment Management) from the University of Johannesburg (UJ). Chantal is awaiting her CFA Charter and is pursuing a Masters degree in Finance, also from UJ.

    Some of the local earnings releases to take note of this week include: Sun International (Full Year Results): Management expects to report on headline loss per share of between 370 cents and 420 cents per share, compared to FY15 earnings of 629 cents. Reasons for the loss includes among others, the settlement of the Time […]

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