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.
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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:
31/03 South Africa's rand
firmed against the dollar on Tuesday as strong trade balance
numbers lifted the pressure on a currency which had plunged a
day earlier following a sovereign credit rating downgrade, while
stocks also. . .
31/03 South Africa's trade balance recorded a surplus of 14.15 billion rand ($790.21 million) in February from a revised 2.72 billion rand deficit in January, data from the revenue service showed on. . .
31/03 Samancor Chrome, one of the world's biggest ferrochrome producers, has declared force majeure because of South Africa's 21-day coronavirus lockdown, removing further supply from global chrome markets.. . .
31/03 South Africa's
competition watchdog said on Tuesday it was investigating over
300 complaints against retailers and suppliers for charging
excessive prices for essential products during the coronavirus
outbreak.. . .
31/03 South Africa's Woolworths
Holdings has temporarily closed all Country Road Group
stores in Australia for four weeks and will stand down 5,000
employees there who will not be paid during the period in a. . .
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. . .
31/03 South Africa's largest
insurer Sanlam announced new faces to its top three
jobs on Tuesday, naming non-executive director Paul Hanratty as
new CEO from July to succeed Ian Kirk who said earlier this
month he. . .
31/03 Standard Bank on Tuesday withdrew its financial guidance citing uncertainty caused by the coronavirus which has forced South Africa into a 21-day lockdown expected to take a toll on an already. . .
30/03 The world's largest platinum producers Anglo American Platinum, Sibanye-Stillwater and Impala Platinum have declared force majeure on contracts after a three-week national lockdown forced operations to close.. . .
30/03 South Africa's rand hit an all-time low on Monday after ratings firm Moody's removed the country's last investment grade credit rating and downgraded it to "junk" status - although the selloff. . .
30/03 South African retailer
Massmart said on Monday it was confident it had
sufficient funding in place to weather a 21-day nationwide
lockdown but said it was too soon to estimate the financial
impact of the. . .
30/03 South Africa's Netcare has scrapped its 2020 outlook, suspended spending on projects and share buybacks, and may need to review its dividend policy due to the impact of coronavirus, the private. . .
30/03 Zimbabwe began a 21-day
nationwide lockdown on Monday, following South Africa in
implementing some of the world's toughest anti-coronavirus
measures likely to hurt an economy already suffering
hyperinflation and food shortages.. . .
30/03 South Africa's biggest
retail banks said around 15-20% of their borrowers may not
qualify for coronavirus relief measures announced by the lenders
last week, though more could be included if the government
provided fiscal support.. . .
30/03 South African clothing
and homeware retailer TFG said on Monday it will
suspend store rental payments for April due to a country-wide
coronavirus 21-day lockdown that has forced all its stores to
temporarily close.. . .
30/03 Anglo American Platinum
said on Monday it had declared force majeure on certain supplier
contracts not considered essential as the bulk of its South
African operations are temporally shut to comply with a
three-week national. . .
30/03 Platinum producer
Sibanye-Stillwater said on Monday it would declare
force majeure on supply contracts for platinum group metals
after it temporarily closed its South African mines to comply
with a three-week national lockdown.. . .
30/03 Offshore investors bought a net of 355
million rand ($19.77 million) of South African stocks last week and 5.02 billion
rand in bonds, data from the Johannesburg Stock Exchange showed on Monday.
STOCKS. . .
30/03 South Africa has considered approaching the International Monetary Fund (IMF) and other institutions as a last resort for emergency funding to fight the coronavirus that has brought a national lockdown, the. . .
29/03 South Africa would only
consider approaching international agencies such as the
International Monetary Fund (IMF) for emergency funding as a
last resort to help in the country's fight against the
coronavirus, the finance minister. . .
29/03 South Africa may approach the International Monetary Fund and World Bank for funding to fight the coronavirus that threatens to drag the country's economy deeper into recession, Finance Minister Tito Mboweni. . .
28/03 South African billionaire
businessman Patrice Motsepe said on Saturday his group of
companies would donate 1 billion rand ($57 million) to help
fight the coronavirus outbreak that has forced the country into
total lockdown. . .
28/03 Moody's downgraded South Africa's sovereign credit rating to "junk" status on Friday, heaping more pain on an economy already in recession and now staring down the barrel of a steep contraction. . .
28/03 South Africa's National
Treasury said on Friday that Moody's sovereign downgrade to
"junk" status would add to prevailing financial market stress
but that it was difficult to say with certainty what the extent
of the. . .
27/03 South Africa's AngloGold
Ashanti on Friday withdrew its production guidance and
said it would conserve cash and cut non-essential spending after
some operations were suspended due to coronavirus.. . .
27/03 South Africa has eased regulations govening small-scale power producers as part of efforts to tackle the country's energy problems, but industry experts said the changes did not go far enough.. . .
27/03 South Africa's AngloGold Ashanti's on Friday said it would conserve cash, prioritise capital spending, reduce non-essential spending and withdraw its production guidance as some operations are suspended due to coronavirus.. . .
27/03 South Africa's February budget surplus
narrowed to 2.15 billion rand ($122.63 million) compared with a 10.86 billion
rand surplus in the corresponding period of the previous year, Treasury data
showed on Friday.. . .
27/03 South Africa's logistics firm Transnet said it would reduce transport services and non-essential cargo operations during a nationwide lockdown that began at midnight on Thursday to contain the coronavirus.. . .
27/03 Mediclinic International Plc has appointed former chief executive of Lloyd's of London, Inga Beale, as an independent non-executive director and its next chairwoman, the company said on Friday.. . .
27/03 South Africa's Anglo American Platinum (Amplats) said on Friday repairs at its processing facilities would continue while operations its underground mines and smelter were curtailed due to a three-week lockdown over. . .
27/03 Moody's will cut South Africa's sovereign credit rating later on Friday as a recession deepened by the impact of coronavirus frustrates economic reform efforts aimed at reducing government debt, a Reuters. . .
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