Nicholas Weekly Note - 24 November 2025 Download Weekly Note - 24 November 2025 Local Market Update: South Africa’s macro narrative strengthened as S&P Global delivered the country’s first sovereign upgrade in two decades, citing improving ... Nov 24, 2025
Nicholas Weekly Note - 17 November 2025 Download Weekly Note - 17 November 2025 Local Market Update: South African markets focused on the Mid-Year Budget Review, where Treasury lowered the inflation-targeting band to 3% ±1 percentage point,... Nov 24, 2025
Nicholas Weekly Note - 10 November 2025 Download Weekly Note - 10 November 2025 Local Market Update: South African markets were subdued through the week as weak manufacturing and softer commodity prices weighed on sentiment. The Absa PMI sl... Nov 24, 2025
Nicholas Weekly Note - 03 November 2025 Download Weekly Note - 03 November 2025 Local Market Update: South African markets were steady as investor optimism followed the country’s removal from the FATF grey list. The rand traded in a narrow ... Nov 24, 2025
Nicholas Weekly Note - 27 October 2025 Download Weekly Note - 27 October 2025 Local Market Update: South Africa’s equity and economic landscape was broadly resilient last week. Clicks Group reported a 14% rise in annual profit, driven by s... Nov 24, 2025
Nicholas Weekly Note - 20 October 2025 Download Weekly Note - 20 October 2025 Local Market Update: Last week, South Africa’s economy showed cautious optimism as the IMF revised 2025 GDP growth to 3.2%, supported by stronger commodity expor... Oct 20, 2025
Nicholas Weekly Note - 13 October 2025 Download Weekly Note - 13 October 2025 Local Market Update: South Africa saw continued focus on structural investment and fiscal stability. The EU committed €11.5 billion to energy and transport proje... Oct 13, 2025
Nicholas Weekly Note - 06 October 2025 Download Weekly Note - 06 October 2025 Local Market Update: South Africa’s PMI edged up to 50.2, marking a fifth straight month of expansion, albeit marginal. Export demand saw a modest recovery, driv... Oct 6, 2025
Nicholas Weekly Note - 29 September 2025 Local Market Update: South Africa faces persistent inflationary pressures and a challenging labor market with high unemployment, complicating monetary policy decisions. The mining sector and commodity... Oct 6, 2025
Nicholas Weekly Note - 22 September 2025 Download Weekly Note - 22 September 2025 Local Market Update: South Africa faces persistent inflationary pressures and a challenging labor market with high unemployment, complicating monetary policy d... Sep 22, 2025
Nicholas Weekly Note - 15 September 2025 Download Weekly Note - 15 September 2025 Local Market Update: South African markets closed higher on Friday, with the Top 40 up 0.53% to 97,036.6 and the All Share rising 0.51% to 104,458.4. Investors... Sep 17, 2025
Nicholas Weekly Note - 08 September 2025 Download Weekly Note - 08 September 2025 Local Market Update: ArcelorMittal South Africa’s potential retrenchment of over 4,000 workers signals deep structural pressures in the country’s industrial se... Sep 8, 2025
