Kelebogile Masedi

[Creative Futures Africa @CFA_2025]

The Creative Africa Futures Summit isn’t just talk—it’s a movement. A bold platform for the Global South to set its own agenda, scale innovation & grow a sustainable creative economy. Grounded in #Africonomics, we’re shaping the future—on our own terms.

#CreativeAfricaFutures

[Yusuf Abramjee @Abramjee]

JUST IN:

Gqeberha (PE) businessman, Kelvin Naidoo, (51), has been kidnapped.

Naidoo is vice-president of the Nelson Mandela Bay Business Chamber and a director of car battery manufacturer AutoX.

He was taken by armed men from outside his workplace in Lindsay Road, Korsten.

A Nissan NP200 bumped into his vehicle forcing him to stop. Another bakkie stopped behind him, and five men kidnapped him.

#CrimeWatch

[Citadel Investment Services @CitadelSA]

[WATCH]
Paul Leonard, Citadel Advisory Partner, shares some insights in a series of videos with some basic principles of finance.

Episode 2: How much to save for financial independence.

#CitadelSA #FinancialPlanning

[Citadel Global @Citadel_Global]

This week will see investors turn their attention to the release of US GDP numbers, due on Thursday. Gold prices continue their upward march, to trade near nine-month highs. The rand is trading at R17.07/$, R18.61/€, R21.24/£, and R18.62/₣.

[Citadel Global @Citadel_Global]

[WEEKLY WRAP VIDEO]
Key economic drivers for 2022, Investors navigating mixed economic signals, and Oil bounces back from the one-year low. Read more here: https://t.co/7c3dIGsow2

Please note this is the last Weekly Wrap for 2022. The publication will resume on 20 January 2023.

[Citadel Global @Citadel_Global]

Long-term Treasury yields plunged to an almost 3-month low & remained subdued during Asian trade at 3.45% while the dollar index dropped to 0.43%. Gold benefitted from the dip in the dollar, while oil is under pressure, below $80/barrel. Rand at R17.19/$, R18.05/€ & R20.95/£.

[Citadel Investment Services @CitadelSA]

SA's Q3 2022 GDP figures were released on Tuesday. Our Chief Economist @MaartenAckerman says the Q3 2022 GDP figures was certainly better than economists had expected however, this was no guarantee that the country would avoid a downturn in 2023. https://t.co/KyWvVZ6X0N

[Citadel Investment Services @CitadelSA]

As we head toward the end of the year, have you started planning your financial goals for 2023 yet?

Let’s plan your financial roadmap together to help you build a future that is beyond remarkable.

https://t.co/KPFZydwggj

#CitadelSA #2023FinancialGoals #BeyondRemarkable

[Citadel Global @Citadel_Global]

Gold & oil prices reversed some of their recent gains on the back of US economic resilience & the potential future higher rate hikes. Markets will remain reactive to economic data from the US, as investors focus on interest rates. Rand at R17.40/$, R18.29/€, R21.25/£ & R18.48/₣

[Citadel Global @Citadel_Global]

[WEEKLY WRAP]
SA President, Cyril Ramaphosa, is on the ropes, Euro area unemployment hits record low, United States (US) Treasury yields retreat to lowest level since September, Gold rebounds to two-week highs, and Dollar Index sinks to five-month lows.

https://t.co/iVth6SLw6B

[Citadel Global @Citadel_Global]

The Phala Phala panel’s findings, that SA President, Cyril Ramaphosa, might have contravened anti-corruption laws & violated the constitution, is sending shockwaves through the local markets and putting the rand under pressure. Rand at R17.12/$, R17.87/€, R20.72/£ & R18.18/₣.

[Citadel Global @Citadel_Global]

The dollar traded near a one-week high in overnight trade before easing on Wednesday morning. Markets are bracing for hawkish comments from US Fed Chair, Jerome Powell, later today, which is lending some support to the dollar. Rand at R16.99/$, R17.57/€, R20.35/£ & R17.81/₣.

[Citadel Global @Citadel_Global]

Citadel Global Director, @BiancaBotes3 was on @Newzroom405 this morning, unpacking the global market updates and the pressure of zero-Covid-19 policy and lockdowns by the Chinese market has on the world's economy.

#CitadelGlobal #marketnews https://t.co/6z5oEHfNrE

[Citadel Global @Citadel_Global]

[WEEKLY WRAP]
China continues to battle with COVID-19 outbreaks, Federal Open Market Committee (FOMC) minutes point to a slower pace of rate hikes, South African equities soar to a seven-month high, and The US dollar licks its wounds.

Read more here: https://t.co/4K8Q75kFDV

[Citadel Global @Citadel_Global]

The SARB moved to hike rates by 75bps on Thursday, following an upward revision in inflation expectations. Markets were split on expectations, with many leaning towards a 50bps hike. The rand is to trade at R17.03/$ as investors remain focussed on the Fed rate trajectory.

[Citadel Global @Citadel_Global]

The Citadel Global team specialises in advising companies on the structuring and management of their unique treasury and hedging policies. Whether you are receiving funds or building an international investment – we make money move efficiently. https://t.co/21f7ZwaswK

[Citadel Investment Services @CitadelSA]

Kerry King, Advisory partner at Citadel, shares some crucial advice on how to begin building your wealth and planning for your financial security.

Read more here: https://t.co/QDz5towdWj
#CitadelSA #FinancialSecuirty #BeyondRemarkable

[Citadel Global @Citadel_Global]

[LISTEN]
The much anticipated US inflation rate had the lowest reading since January and came in below market for a cost of 8%

@BiancaBotes3, Director at Citadel Global, shares some commentary.

#CitadelGlobal

[Citadel Global @Citadel_Global]

Asian share markets are jittery, as the dollar held onto some of its overnight gains ahead of the anticipated US consumer inflation report. The euro and pound recovered some ground against the dollar in early trade, gaining 0.15% and 0.43%. Rand at R17.79/$, R17.92/€ & R20.27/£.