Peregrine Treasury Solutions

10 Dec 17

Market Uncertainties, Driven by Steinhoff, Creates Explosive 2017 End


IN financial markets there are always lessons to be learnt, and this week’s lesson is that a “safe bet” is not always so safe. Those following the equities markets have probably heard the ins and outs of the Steinhoff debacle by now, or at least the “available ins and outs”, as there has been very little clarity on exactly what the mistakes are that former CEO Markus Jooste admitted to in his very cryptic letter to colleagues.

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05 Dec 17

Ramaphosa Lead, Surprise GDP Data Boost Rand


The general expectation was for GDP growth to come in at 1.7%, so 2% growth is a welcome surprise for the struggling South African economy," said Bianca Botes, Corporate Treasury Management of Peregrine Treasury Solutions. She said the stronger rand is currently also a function of our trading account surplus, stronger economic growth and positive expectations toward the ANC elective conference.

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05 Dec 17

Rand Joy at GDP Stats


The rand rallied to a new high this afternoon as the GDP figures made their way to market. The general expectation was for GDP growth to come in at 1.7%, so 2% growth is a welcome surprise for the struggling South African economy.

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20 Nov 17

How to Deal with Treasury Risks


If you are running a reasonable sized business, chances are you will have significant cash flows in and out of the business during the course of a month. This brings with it certain risks which can be controlled and managed to ensure the smooth operating of your organisation.

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26 Oct 17

#MTBPS2017: SOEs Continue to Drain State Coffers


“The SOEs continue to be a burden on fiscal coffers with more and more funds being redirected into SAA. In addition, foreign lenders are no longer willing to roll over any of the debt incurred by SOEs, even if it is backed by government, which is quite worrisome. This speaks to the amount of distrust they have regarding the South African government’s ability to perform on those guarantees,” says Bianca Botes corporate treasury management, Peregrine Treasury Solutions.

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