NMG Personal Wealth’s Jeanne Nel is interviewed on Classicfm
On the 8th of May NMG Personal Wealth hosted more than 120 professional women for breakfast at Bryanston Country Club. The goal: to address the fact the women do not as a rule take care of their own financial planning. According to Jeanne Nel, General Manager at NMG Personal Wealth, “This lack of foresight could […]
Read more...Follow Andrew as he participates in the 702 CEO Sleepout Challenge
I would like to invite you to follow, support and experience my journey leading up to the night of the #CEOSleepOutZA, and on the night itself. I will be blogging, tweeting and sharing my experience on Twitter and LinkedIn. For every retweet or “share” I get from you, NMG will be donating ZAR5 to our […]
Read more...NMG Benefits’s CEO, Andrew Warren Joins 702 Sun International CEO SleepOut
It’s that time of year again when we, as the NMG global family, challenge ourselves to improve the lives of others. This year, I have taken the decision to participate in the 702 Sun International CEO SleepOut taking place on 18 June 2015. Through our participation, we are raising the stakes and hope to use […]
Read more...Mercado Released [1 June 2015]: OPEC CRUDE OIL PRODUCTION
OPEC will meet on June 05, 2015 in Vienna to decide on the group’s production target for the next six months amid a glut that sent prices down about 50% last year. We are expecting OPEC to maintain their production target of 30 million barrels a day. In the last meeting held in November 2014, […]
Read more...Mercado Released [25 May 2015]: SOUTH AFRICAN INTEREST RATES
The Reserve Bank has maintained South Africa’s interest rate at 5.75%, despite the uptick in inflation levels. Inflation rose less-than-expected to 4.5% on a YoY basis for April, whilst analysts had expected a gain of 4.6%. On a MoM basis, inflation climbed by 0.9%, whilst core inflation was slower at 5.6% from 5.7%. The SARB […]
Read more...Mercado Released [18 May 2015]: EUROZONE ECONOMIC GROWTH
Eurozone economic growth accelerated in the first quarter of 2015, as both Italy and France attained positive growth rates for the period. The Euro area grew by 0.4% during the first three months of the year, beating the UK and US. This marks the fastest rate of growth the zone has seen in the past […]
Read more...Mercado Released [11 May 2015]: US ECONOMIC GROWTH
The US economy grew at a slower rate than what was expected, achieving a growth rate of only 0.2% for the first three months of the year. Analysts had forecast a growth rate of 1.0% for the same period. Despite the fact that the US managed to achieve a high level of growth in 2014, […]
Read more...Mercado Released [4 May 2015]: The Producer Price Index
Producer prices climbed in March, on the back of higher food, tobacco and beverage prices. PPI for the third month of the year moved to 3.1% on a year-on-year basis and 1.8% on a month-on-month basis. PPI is a relative measure of the average change in the price of a basket of representative goods and […]
Read more...Mercado Released [20 April 2015]: Electricity production expansion has been lagging the economy growth
Electricity production expansion has been lagging the economy growth – putting pressure to the already old existing power generation plants. Since 1994 a total of 6 million households have been added to the national grid. We believe addition of these households to the grid is not a major cause of power shortages because Eskom’s sales […]
Read more...Mercado Released [13 April 2015]: Global Oil prices in the spotlight
GLOBAL OIL PRICES IN THE SPOTLIGHT The US oil rig count dropped by 42 to 760 last week, the largest drop in four weeks. America has lost more than half its oil rigs since October 2014 as the collapse in crude prices caused drillers to scale back. The rig count has dropped 53% since October […]
Read more...