February 8, 2022/Coronation Research A month ago (10 January 2022) we wrote “Beware the January rally“ and pointed out that equity market rallies in January have a habit of unwinding later in the year. What do we have to say now?  FX Last week, the exchange rate at the Investors […]

February 8, 2022/CSL Research The resilient demand for cement despite the significant increase in prices was the major theme that distinguished 2021 from recent years. Unlike in 2020, where volume was the major driver of revenue performance, the double whammy of inflationary pressures and FX depreciation in 2021 created the […]

February 8, 2022/United Capital Research Last week, OPEC and OPEC + members held their joint technical and ministerial meeting. The meetings were held amid increased pressure by refiners and other major economies on OPEC+ to soften its output caps amid rising oil prices and undersupply in the market. However, OPEC+ agreed […]