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:
12/05 Dutch-listed technology
investor Prosus NV plans to raise its stake in South
African parent Naspers to nearly 50% in a share swap
deal that will move part of their huge holding in China's
Tencent to. . .
12/05 The market debut of discount
retailer Pepco is likely to be priced at least at 40 zlotys
($10.68) per share, bookrunners said on Wednesday, meaning
shareholders may sell stock worth around 3.7 billion zlotys. . .
10/05 Zambia's finance ministry said on
Monday that it had reached a broad agreement with the
International Monetary Fund (IMF) on macroeconomic parameters,
fiscal targets and policy objectives, during talks to secure a
lending programme.. . .
10/05 South Africa's rand rose to
a 16-month peak against the dollar on Monday after Moody's left
its sovereign ratings unchanged, while an improving local
political environment and the global market risk-on sentiment
provided further support.. . .
10/05 South African President
Cyril Ramaphosa said on Monday that if wealthy nations hogged
COVID-19 shots while millions in poor countries died waiting for
them it would amount to "vaccine apartheid".. . .
10/05 Offshore investors sold a net of 3.17
billion rand ($225.57 million) of South African stocks last week and bought 8.27
billion rand in bonds, data from the Johannesburg Stock Exchange showed on
STOCKS. . .
06/05 President Joe Biden threw his
support behind waiving intellectual property rights for COVID-19
vaccines in a sharp U.S. reversal, but it could take months for
the World Trade Organization (WTO) to hammer out any
deal.. . .
06/05 Anglo American plc
said on Thursday shareholders had approved the spin-off of its
South African thermal coal business into a new company, paving
the way for its listing in Johannesburg and London next month.. . .
05/05 The South African rand
gained on Wednesday afternoon, as the U.S. dollar eased off a
more than two-week high hit earlier in the day and local media
reported that the governing party had suspended. . .
04/05 South Africa has allocated an
extra 4 billion rand ($276 mln) to buy COVID-19 vaccines and
extend a special distress grant to thousands of people hit by
the pandemic, in a Special Appropriation Bill. . .
03/05 Offshore investors sold a net 2.44 billion
rand ($169.08 million) of South African stocks last week and 3.89 billion rand
in bonds, data from the Johannesburg Stock Exchange showed on Monday.
STOCKS. . .
30/04 Loans to South African
households and businesses contracted last month for the first
time in over a decade, as banks tightened lending terms and
uncertainties arising from the COVID-19 crisis, high joblessness
and poverty kept. . .
30/04 South Africa recorded its
largest trade surplus on record in March, data showed on Friday,
with sales of commodities and minerals rising sharply as global
demand driven by the economic recovery from the coronavirus
continued.. . .
30/04 South African state
utility Eskom will start a fresh round of wage negotiations with
trade unions next week, it said on Friday, warning any disputes
could impact its ability to supply electricity.. . .
30/04 South Africa's Impala
Platinum (Implats) said on Friday third quarter group
output at managed operations rose by 4% to 5.59 million tonnes,
with higher volumes reported at Impala Rustenburg, Impala Canada
and Marula.. . .
29/04 South Africa's rand
weakened on Thursday as investors took profits on a brief rally
spurred by the dovish tone of the U.S. Federal Reserve at its
policy-setting meeting, reflecting cautious market sentiment
towards the local. . .
28/04 South Africa's rand
firmed on Wednesday as the global hunt for high yields trumped
caution ahead of the U.S. Federal Reserve's latest policy
decision which will likely set the tone for global currency
trading in. . .
28/04 South African retailer
Pepkor Holdings said on Wednesday half-year earnings
were expected to rise by at least 20%, supported by growth at
its discount clothing business and a reduction in net debt and
finance costs.. . .
27/04 U.S. Trade Representative
Katherine Tai on Monday met virtually with top executives of
drugmakers Pfizer and AstraZeneca PLC to discuss
a proposed waiver of certain intellectual property rights in
response to the COVID-19 pandemic.. . .
26/04 French energy group Total
declared force majeure on its $20 billion liquefied
natural gas (LNG) project in Mozambique and confirmed it had
withdrawn all staff from the construction site following
insurgent attacks last month.. . .
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