South Africa is being punished

[BusinessTech]

South Africa is being punished

Markets are not convinced by the government's response to the load shedding crisis.

 

[WAslayer]

Because the government has no response to loadshedding and even if they did, it's too little too late...

 

["D"]

And there's the proof that cyanide affects the brain ...

 

[Diablo-D]

BusinessTech, you are a form of punishment all on your own

 

[Pudding McTwinkle]

Markets are not convinced by the government's response to the load shedding crisis.

Well they only ever talk of big plans to end the rolling blackouts, we never see these plans. What are the motherforking plans GAWD DAMMIT!

 

[Sinbad]

Being punished now? Wait till the west starts withdrawing aid because of Naledi's little roll in the hay with Lavrov.

 

[Pegasus]

Why is the rest of the world getting punished?

Looks like we are doing better thatn them.

 

[xcaliber]

Why is the rest of the world getting punished?

Looks like we are doing better thatn them.
View attachment 1462997

Now compare SA markets using the dollar as a baseline.

JSE all share is down 5.66%

 

[Flanders]

Saw headline and expected something about angry ancestors.

 

[Pegasus]

Now compare SA markets using the dollar as a baseline.

JSE all share is down 5.66%

Currency depreciated by 1.68% year to date.
What numbers are you using?

Can you show me your calculations for year to date?
And which "markets" are "punishing" us?

 

[xcaliber]

Currency depreciated by 1.68% year to date.
What numbers are you using?

Can you show me your calculations for year to date?
And which "markets" are "punishing" us?

Ah, you right. I looked at1 year instead of YTD. My bad.

FTSE/JSE Africa Indexes

<p>FTSE Russell and the Johannesburg Stock Exchange (JSE) have developed a long-standing partnership that combines FTSE Russell's world-class multi-asset capabilities with the regional expertise of the JSE in Africa. A diverse range of FTSE/JSE equity and fixed income indexes designed to...

www.ftserussell.com

 

[Pegasus]

Ah, you right. I looked at1 year instead of YTD. My bad.

FTSE/JSE Africa Indexes

<p>FTSE Russell and the Johannesburg Stock Exchange (JSE) have developed a long-standing partnership that combines FTSE Russell's world-class multi-asset capabilities with the regional expertise of the JSE in Africa. A diverse range of FTSE/JSE equity and fixed income indexes designed to...

www.ftserussell.com

Well you have to look more than once. I am also surprised.