Has anyone asked another beneficiary of Trump’s executive order what their reaction is? I suspect that the South African Zionist Federation and Jewish Board of Deputies are far more responsible for this executive order than these Boer chaps. Of course they are equally racist & alarmist!
But through Netanyahu, we may discover they thought this order will find popular reception & see South Africa’s moral high ground affected over the ICJ case.
From today: We respond to opportunities that we believe have passed us by in this way... #theFafway... 2023 is not over!!!
Kolbe faf den klerk public holiday
Interesting Research:
150 000 spaza shop nationally
Shoprite (3152 stores )
Pick N Pay ( 2000 stores )
80% of SA population visit a spaza shop each day
40% of food is bought at spaza shop daily
70% of bread is sold at spaza shop daily
The Spaza shop market is worth R178 billion
You can buy a ' breakfast combo ' 1 teaspoon Cremora . 1 tea bag .one egg .two slices of bread for R10
Research by Accenture
The Spaza Shop market is controlled 99.9% by foreigners. Most of this money is taken out of South Africa illegally. We let a very valuable piece of business get out of our hands and absolutely nobody in government is trying to get this back into South African hands.
Solar and Wind energy generation covered in 2021 a tenth of the global energy generation
To compare in 🇩🇪 Germany alone the first 6 months of the year has been at 49%
What drives share prices?
•Earnings growth
•Dividend growth
•P/E multiple expansion
•Liquidity
Cannot see any of these being a catalyst for US stocks other than to the downside. Particularly lower earnings (higher costs, lower volumes, stronger US$) and less liquidity (QT).