As the world continues to face challenges in dealing with the Coronavirus (COVID-19) pandemic, we are taking steps to provide some safety measures to our clients and staff.
Given the wide-ranging impact of the pandemic and in line with advice from government and the World Health Organisation (WHO), limiting unnecessary human contact is an invaluable precaution. We therefore strongly encourage you to use our suite of digital tools and trading platforms for your financial needs. Digital platforms provide an efficient, fast, safe and nearly instantaneous solution to many, if not all your investing requirements, away from public spaces.
KEEPING EVERYONE SAFE
The safety of our employees and clients is something that we care deeply about. While the extent of COVID-19 is still unknown, our plans have the necessary flexibility to evolve as the situation requires.
As a result, Sharenet will unfortunately not be accommodating client meetings at a branch level, for the forceable future. As soon as the situation changes, we will advise you, our valuable clients accordingly.
The widespread concern around COVID-19 creates the perfect opportunity for cybercriminals to defraud customers. To ensure protection against targeted ransomware and Malware attacks, remember to install the latest version of a Multi-layered Antivirus program and never share your account details online or via email.
Sharenet remains fully operational and should you experience any technical difficulty, rest assured that our superior support staff is ready to assist with any technical queries and can be reached on:
09h01 The dollar gained
broadly against riskier currencies on Wednesday, with markets
staring at what is likely to be one of the worst economic
contractions for decades as the world locks down to fight the
31/03 Alibaba Group Holding Ltd
plans to buy at least 10% of Yunda Holding Co Ltd
, marking the e-commerce giant's fifth investment in
a large courier, two people with knowledge of the matter told
30/03 India's Reliance
Industries Ltd is seeking to sell some April-loading
crude cargoes in a rare move as it plans to cut crude processing
after the coronavirus pandemic hit global fuel demand, four
sources said on Friday.
24/03 UK banks are stepping up fraud
prevention measures to protect customers from scammers eager to
exploit the coronavirus pandemic with a whole range of new
tricks, including fake sales of medical supplies and bogus
government relief schemes.
11h13 South Africa's
seasonally-adjusted Absa Purchasing Managers' Index (PMI)
contracted at a slower pace in March, helped by an improvement
in the supplier deliveries subindex, but it still recorded a
fourteenth consecutive month of contraction.. . .
11h11 Glencore's chrome joint venture in South Africa with Merafe Resources has declared force majeure on qualifying contracts after a nationwide lockdown forced operations to shut, a Merafe executive said.. . .
31/03 South African
petrochemicals producer Sasol Ltd, the world's top
producer of motor fuel from coal, said on Tuesday its full year
results could be hit by potential disruptions to production,
supply chains and construction as. . .
30/03 South Africa's biggest
retail banks say that around 15-20% of their lending books do
not definitely qualify for coronavirus relief measures announced
by the banks last week, though more could be done if the
government. . .
20/03 MTN said it had
agreed to cut the cost of its data bundles on Friday after South
Africa's competition watchdog warned in December that the
telecoms operator and rival Vodacom faced prosecution
if they did. . .
11h19 Sales of gold from Australia's Perth
Mint's soared to their highest in about seven years, the refiner
said on Wednesday, as fears over the economic fallout of the
cornavirus prompted investors to buy the precious metal as a
Sales of gold coins and minted bars in March more than
11h17 Two top ratings agencies
downgraded big South African banks' credit ratings to junk, a
move expected after the country's sovereign rating suffered the
same fate last week from Moody's - the only agency to consider
11h17 African finance ministers
want International Monetary Fund, World Bank and European Unions
support for bilateral, multilateral and commercial debt relief,
according to a statement from the UN Economic Commission for
11h10 China has increased U.S.
crude purchases with some buyers snapping up cargoes at the
widest discounts ever as sellers seek to offload excess supplies
in Asia, six trade sources said on Wednesday.. . .
09h00 As the coronavirus
outbreak forced classes online, Boston Public Schools ordered
20,000 laptops and had them in hand in four days - an unusually
fast turnaround made possible by a build-up of inventory
prompted by. . .
08h41 BlackRock and
Neuberger Berman on Wednesday became the first global asset
managers to submit applications to set up mutual fund units in
China as Beijing pushes ahead with financial sector deregulation
despite the coronavirus. . .
11h08 China is considering
temporarily easing quotas designed to boost production of
electric cars to help automakers badly bruised by the
coronavirus pandemic to revive slumping sales, people familiar
with the matter said.. . .
11h07 A severe shortage
of labour, triggered by India's 21-day lockdown to rein in a
coronavirus pandemic, will hobble harvesting of winter crops in
the world's second largest producer of staple foodgrains such as
wheat.. . .
11h06 The fallout from the coronavirus
pandemic and tumbling oil prices threaten the earnings of
insurers in the Gulf, S&P Global Ratings said on Wednesday,
possibly leading to negative rating actions.. . .
11h05 Ghana's finance ministry has slashed its 2020 GDP growth forecast from 6.8% to 1.5% due to the coronavirus pandemic, a rate that would represent the Ghanaian economy's worst performance in nearly. . .
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