Capital Markets


PETER ATTARD MONTALTO: Good intentions need power of action to quell scepticism

February 11, 2019

When exactly do you start pencilling “intention” into a GDP forecast and into asset prices?

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STUART THEOBALD: An opportunity to set out a new vision for the PIC

February 4, 2019

Intellidex chairman Stuart Theobald argues that a new vision is needed for the PIC. Featured in today’s Business Day

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PETER ATTARD MONTALTO: Now is the right time for panic

January 28, 2019

Peter Attard Montalto continues looking at how reforms can be achieved within the political economy - this time on Eskom or similar in Business Day.

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Intellidex stock picks – 2019

January 23, 2019

With no tailwinds to support economic growth, the equities market appears a little bleak at the start of 2019. In that context, Intellidex analysts have sifted through the market to identify companies...

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Economic prospects for this year hinge on policy

January 22, 2019

Government continually reinvents old policy and Peter Attard Montalto, Intellidex head of capital markets, says in last week’s Business Day column that it is now time to choose from the menu of...

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STUART THEOBALD: With Zuma gone, talk on policy may be back in vogue

January 21, 2019

Time to talk policy again in post-Zuma political era says Intellidex chairman Stuart Theobald in Business Day.

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Op-Ed: Beware the dangerous ambitions of the anti-business propaganda campaign

December 5, 2017

The formal business sector in South Africa has been subjected to a propaganda onslaught that has damaged it. It has painted business as universally corrupt, led by unrepentant beneficiaries of...

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The Myth of Corporate Cash Hoarding

September 18, 2017

Is corporate South Africa hoarding cash? The answer, according to new research by Intellidex, is “no”.

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Unusual trading in foreign exchange futures around Gordhan’s recall from London

May 29, 2017

By Stuart Theobald, CFA Have a look at this graph. It shows the number of two different foreign exchange futures contracts that are open on […]

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What is ‘inclusive growth’?

May 15, 2017

There is no doubt that economic growth is needed to reduce poverty. Those countries that have done it on a large scale have also had rapid GDP growth rates.

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STUART THEOBALD: Plenty of competition issues in foreign exchange market

February 27, 2017

The Competition Commission should not stop at the prosecution of bank traders who manipulated the rand exchange rate. It should undertake a full investigation into the competitiveness of foreign...

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