So Police Minister Bheki Cele says cabinet has approved R3.4bn in budget cuts for general crime fighting for ordinary citizens but has upped VIP Protection by R1.7bn - whose safety is government really concerned about? #702Breakfast
The good news is that South Africa is back to its pre-B.1.351 baseline in covid cases. There's no proof this variant is more infectious. Its immune evasion is enough to explain how it took off. And the descent occurred without vaccines.
On 14 February 2021, our currency, the rand turns 60, officially making it a pensioner. As part of the celebration, we will be taking you through a timeline of currency in South Africa to commemorate this milestone #RandBecomesAPensioner
Something for you all to study over the long weekend.
Is it my imagination, or are a ton of Semiconductor stocks setting up for possible big moves? Take a look at these charts.
Cross border claims by nationality of reporting banks & by currency via @BIS_org March 2020 report:
Look at the size of Japan (>US banks) + France + ESPECIALLY OTHER in USD.
Meaning, NON US BANKS LENDING A LOT OF USD & they now got a liquidity problem & need access to cheap USD
The worst plague of locusts in generations is putting some 20 million people in Africa at risk of starvation, as enormous clouds of locusts defy pest control and devour every crop in their path. https://t.co/JlOMQNqiVT