Africa

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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: May manufacturing production declined –0.8% y/y. Mining output for May was significantly more upbeat rising 3.6% y/y. After increasing from -10 in the fourth quarter of 2016 to -5 in the first quarter of 2017, the FNB/BER Consumer Confidence Index (CCI) fell back to -9 in the second quarter. SSA: Mozambique, Ghana, Namibia […]

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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: Trade data released at the tail end of last week showed that the country registered a surplus of R9.5bn in May, the fourth consecutive surplus. SSA: Zambia GDP grew 3% y/y in 1Q17 although lower compared to the 3.8% posted in the previous quarter. Zambia headline inflation edged up to 6.8% y/y in […]

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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: Almost 900 thousand foreign tourists arrived in South Africa in April for a holiday. The economy lost nearly 50 thousand jobs in 1Q17. The final manufactured producer price index (PPI) for May came in at 4.8% y/y. The FNB / BER Civil Construction Confidence index fell to 28 in 2Q2017, from 40 in […]

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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: The RMB / BER Business Confidence Index maintained its downward trajectory in 2Q17, falling to levels last seen during the recession. Headline inflation rose 5.4% y/y in May from 5.3% in April. The current account deficit remained narrow relative to historical trend, expanding modestly from -1.7% of GDP in 4Q16 to -2.1% in […]

    • Date of birth:
    • Lives in:
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    • Studied:

    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 officially entered a recession in 1Q17 with a –0.7% q/q contraction, significantly worse than our already bearish expectations of 0% growth. SSA: Headline inflation in Tanzania rose 6.1% y/y in May after stabilising at 6.4% for two consecutive months. Global: US nonfarm payrolls dipped to 138,000 in May from 174,000 the […]

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