JK-47

Hedge fund manager, foodie, poker player, novice wine maker, CrossFit Level 1 Trainer. Comments and views are my own and should not be taken as advice.

[JK-47 @Jobber_robber]

@Leon_Schreib @BrenthurstF ANC more likely to enter coalition with EFF?

[JK-47 @Jobber_robber]

@British_Airways I would like to buy a flight ticket voucher as a gift for a friend. How do I do this? I don’t see functionality for this on your website. How long are the vouchers valid for?

[JK-47 @Jobber_robber]

@TwitrInvestors Seeing this gap at the open, Its clear that a few BSDs already did a drive-by last night

[JK-47 @Jobber_robber]

@jsmauro13 Harden the fk up cupcakes. If you wanna run with the GS wolves, stop pissing like poodles.

[JK-47 @Jobber_robber]

@FloydShivambu What are you talking about, huh?

[JK-47 @Jobber_robber]

@elinaribakova National Treasury monthly data suggests foreigners SOLD ZAR 8.7bn SAGB in June :
Foreign sector
Feb 1,384,204,626
March -55,802,595,317
April -15,908,138,979
May -12,954,881,703
Jun -8,705,199,043

[JK-47 @Jobber_robber]

@chrisyelland @NERSA_ZA @Energy_ZA Is IRP2019 the so-called IRP5 ?

[JK-47 @Jobber_robber]

@Julius_S_Malema Whats this fool doing? Functional fitness, punching the pavement?

[JK-47 @Jobber_robber]

@TreasuryRSA #TipsForMinFin #RSABudget2019 Raising PIT on the wealthy is not the answer, because they are also the most mobile internationally. Your top tax payers are leaving, iin case you haven't noticed.

[JK-47 @Jobber_robber]

@TreasuryRSA #TipsForMinFin #RSABudget2019 Cut CIT to collect more tax revenue and create more growth / jobs - SA if far to the right of the peak in the Laffer curve

[JK-47 @Jobber_robber]

@TreasuryRSA #TipsForMinFin #RSABudget2019 Increase issuance of long-dated inflation-linked debt to reduce the government interest bill. CPI+4% (i.e. 8%) is a lot lower than 10.20% borrow rate on the fixed-interest 2048 bond. duh

[JK-47 @Jobber_robber]

@TreasuryRSA #TipsForMinFin #RSABudget2019 Issue a 2028 floating rate bond, populating a void on the debt maturity profile and also creating an instrument that should be met with natural demand from local banks for HQLA

[JK-47 @Jobber_robber]

@TreasuryRSA #TipsForMinFin #RSABudget2019 Term out debt maturity profile (2052) to avoid the old mistake of over-borrowing in specific years and thereby avoid creating the need to restructure debt maturity profile in later years

[JK-47 @Jobber_robber]

@TreasuryRSA #TipsForMinFin #RSABudget2019 Regular / smaller (ZAR5bn bi-weekly) switch auctions to manage debt maturity profile will mitigate impact on borrowing rates as evidenced by the previous switch auction mechanics

[JK-47 @Jobber_robber]

@TreasuryRSA #TipsForMinFin #RSABudget2019 Increase weekly SAGB auction non-comp to 100% (from 50%) and extending the option expiry to following Monday will eventually allow reduction in weekly regular issuance

[JK-47 @Jobber_robber]

@TreasuryRSA #TipsForMinFin #RSABudget2019 Making retail savings bonds tax free and with no limit will draw massive lending to government, helping fund the deficit from a new and long-term source

[JK-47 @Jobber_robber]

no words required

[JK-47 @Jobber_robber]

@JacksonMthembu_ its twitter you twit

[Ranjeni Munusamy @RanjeniM]

This is the face you make when The Cat outsmarts you...

[JK-47 @Jobber_robber]

@AluChokoe Well that was dumb