In this newsletter:
Benchtest 12.2014, covering our investment market commentary, remuneration packages and pension benefits, RFS safety net, S14 transfer to SA, the team to lead RFS, news from Namfisa and more...
One may thus rationally conclude that what is happening to the oil price will have a major impact on local equities and the Rand if it becomes a longer term trend. The question is - will it become a longer term trend? An indicator for this becoming a longer term trend is the demand/ supply situation. It would not become a longer term trend if the previous price levels were driven by the demand/ supply situation rather than speculative trading.
Section 14 Transfer to SA Fund
News from Namfisa
Draft Industry Regulations
Namfisa circulated a number of draft industry regulations for comment.
To read more on this, access David's website, here...