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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 MPC decided to cut interest rates by 25 basis points to 6.75%. The bank is now less concerned about the inflation outlook, it has lowered its forecast notably for the forecast period. Global: China GDP increased 6.9% y/y in 2Q17, unchanged from 1Q17. US (+1.6% y/y), Eurozone (+1.3% y/y) and UK (+2.6% […]

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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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    Jason is the senior industry analyst at FNB. Prior to joining FNB, Jason worked in the Global Markets Research team at Rand Merchant Bank. In his six years with the FirstRand group, he has advised both internal and external clients on how macroeconomic factors will impact developments within the various sectors of the economy. Before joining Rand Merchant Bank, Jason was the Head of Natural Resources research at Accenture, a global management consultancy. He holds a PhD in Anthropology from the University of the Witwatersrand.

    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. A reading of -9 indicates that consumer confidence remained relatively low given that it has averaged +4 since 1994. However, it remained above […]

    • Date of birth:
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    • Studied:

    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 […]

    • Date of birth:
    • Lives in:
    • From:
    • 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: 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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