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    Sizwe Nxedlana Chief Economist at First National Bank. Prior to that he was a Senior Economist in FNB’s Wealth segment where he was involved in macroeconomic and investment research and is a member of the investment and asset allocation committees. Before joining FNB Wealth he was an economist at FNB Commercial. He began his career at the Bureau for Economic Research in Stellenbosch followed by a stint at Kagiso Trust Investments. He completed a Bachelor of Commerce degree majoring in Philosophy, Politics and Economics from the University of Cape Town and a Master of Commerce degree in economics from the University of KwaZulu Natal.

    POLITICAL and macroeconomic uncertainty have taken centre stage following President Jacob Zuma’s cabinet reshuffle and the firing of the minister of finance and his deputy on March 30. The subsequent downgrades by S&P Global Ratings and Fitch have further increased concerns about South Africa’s economic outlook. Although the downgrades came sooner than expected, policy uncertainty […]

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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.

    Western Cape house price growth rate continues to show some “normalisation” after a red hot run which has been out of kilter with the weak national housing market picture. The Western Cape continued to have by a significant margin the fastest average house price growth in the 1st quarter of 2017, compared to the rest […]

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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.

    Weekly update on fruit and vegetable markets Vegetable prices reversed recent gains across most commodities as demand slipped in a short trading week. Prices continued to weaken year-on-year (y/y) across most vegetables under review with the exception of potatoes. In the fruit market, weekly prices rebounded modestly across most commodities with the exception of apples […]

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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.

    The Sectional Title Housing Market Segment still mildly outperforms the Full Title Segment, but both segments have slowed through 2016 to early-2017 Ongoing above-inflation municipal rates and tariff increases, tough economic and financial times, and rising personal tax rates, pose financial challenges to the Household Sector. This environment plays into the hands, relatively speaking, of […]

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    Jarred is currently an Economist at FNB. He is responsible for providing expertise, advice and support in economic practice formulation and associated best practice improvement tactics through research and analysis of economic conditions that affect industry and/or business. He is also responsible for making recommendations for strategic decisions based on findings from economic policy and financial market analysis. Before joining FNB, Jarred was a Financial Services Sector Analyst at Genesis Analytics. Here he worked on array of projects with focus ranging from investment banking, macroeconomic analysis, digital strategy formulation, alternative delivery channel risk assessments, housing finance strategy and payment opportunity analyses. The demographic of his work extended to include the whole African continent for which he provided valuable insights to several financial services clients.

    Highlights SA: South Africa’s inflation trajectory continues to moderate with March CPI printing at 6.1% y/y, down from 6.3% in February. SSA: Swaziland headline inflation decelerated to 6% y/y in March from 6.8% the month before. Global: China GDP advanced 6.9% y/y in 1Q17, slightly higher than the 6.8% posted in 4Q16, and comfortably above […]

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