BTC iShares MSCI South Africa ETF
Understanding Vodafone’s Vodacom Performance
Vodacom is a South African mobile communications company that is 65% owned and controlled by Vodafone.
Is the Egyptian Pound Set for More Devaluation?
The IMF announced that it would be lending $12 billion to help revive the Egyptian economy and help the central bank stabilize the Egyptian pound.
Country ETFs: Mix between Emerging Markets and China
Looking at last week’s country ETF flows, the Vanguard FTSE Emerging Markets ETF topped the inflow list with ~$300 million of cash trickling into the fund.
Behind the World Bank’s Outlook for Growth in Emerging Markets
EMDEs saw their economic growth contract to 3.4% in 2015, as compared to 4.2% one year previously. For 2016, the World Bank expects their growth to be 3.5%.
Rise in Commodity Prices Could Benefit Commodity Exporters
After a sharp drop in 2015, commodity prices have been inching upwards in the past month.
African Central Banks Tighten Policy Rates to Counter Inflation
The South African Reserve Bank increased policy rates by 25 basis points to 7.0% on March 17, 2016, as Governor Lesetja Kganyago expressed concern over the recent sluggish economic growth in South Africa.
Why Emerging Markets Are Trading at a Discount to Developed Markets
With the recent fall, some of these emerging markets have certainly become very cheap compared to most of the developed markets.
Vodacom’s Service Revenue Rose on Solid Organic Growth in 3Q16
As per Vodafone, Vodacom’s service revenue in South Africa increased by ~7.2% organically YoY in fiscal 3Q16 compared to ~3% YoY in fiscal 2Q16.
South African Rand Rose as Mining Data Turned Positive
The South African rand climbed against the US dollar for the third consecutive session on January 14, 2016. The currency struggled at the beginning of the week.
Rising Air Pollution in China Provides IBM a Growth Avenue
Increasing air pollution in China has provided IBM with an avenue to exercise its cognitive computing to measure and assess pollutants in the country’s air.
South Africa Turned a Trade Surplus in November
South Africa recorded a trade surplus of 1.8 billion zar in November. This compares to an upwardly revised trade deficit of 21.6 billion zar in October 2015.
South African Rand Nears Record Lows
The South African rand fell to record lows against the US dollar on December 8, 2015, as a slew of disappointing macroeconomic data brought the currency down.
How Did Vail Resorts Perform Compared to Its Peers?
The peers of Vail Resorts (MTN) include Hilton Worldwide Holdings, Marriott International, Starwood Hotels & Resorts Worldwide, and Hyatt Hotels.
Analyzing Vail Resorts’ Revenue and Income Growth in Fiscal 1Q16
Vail Resorts (MTN) has a market cap of $4.6 billion. Its YTD (year-to-date) price movement has been rising quarter-over-quarter in calendar 2015.
Analyzing Vail Resorts’ Performance Compared to Its Peers
Vail outperformed its peers based on the PE ratio and price-to-sales ratio. Vail outperformed its ETFs based on the price movement, PE ratio, and PBV ratio.
Vail Resorts Reported Mixed Quarterly Results
Vail has a market cap of $3.75 billion. Its YTD price movement is stable. After the earnings report in 4Q15, Vail fell to -2.56% and closed at $103.05 per share.
South African Rand Falls to Record Lows
A slowdown will push the South African economy lower. If the concerns continue, the rand might depreciate more against the US dollar.
EMEA Countries Have Mixed Responses to Devaluation of the Yuan
Countries in the EMEA (Europe, the Middle East, and Africa) region have shown mixed responses to the devaluation of the yuan.
South Africa’s Manufacturing Production Falls: Is China to Blame?
The iShares MSCI South Africa ETF (EZA) fell 1.5% on August 11 as manufacturing production continued to contract in South Africa for another month.
What India ETF investors should watch for in 2015
Among the informal BRICS group, India ETFs were the clear winners. The three India ETFs returned positive double-digits in the last calendar year. The returns were 19–26%.
China’s growing power over South Africa
China became Africa’s largest trading partner in 2009, surpassing the US.
South Africa and the Citigroup World Government Bond Index
Investors commanding ~$2 trillion worth of funds track the WGBI, a powerful reason for South Africa’s government (EZA) to encourage an investment environment.
Why ratings agencies are downgrading South Africa
Rating downgrades made South Africa’s economy more vulnerable to capital outflows, rand depreciation, and rising budget and current account deficits, as well as other factors.
Does South Africa face the risk of stagflation?
For South Africa, the key to economic revival lies in the narrowing of its current account deficit.
Food inflation is key indicator of economy in South Africa
Food inflation in South Africa stood at 3.5% in December 2013, peaked at 9.39% in August 2014, and settled at 7.6% in November 2014.
Power, labor satisfaction crucial to economy in South Africa
Inflation in South Africa has primarily been fueled by higher food and fuel costs over the years, reaching 5.8% in November 2014.
Is South Africa experiencing an economic crisis?
Inadequacies on the part of South Africa’s government to address key structural issues and global conditions have subdued growth in the country in recent years.