| Are you interested in learning more about Barloworld? The company used the Unlock the Stock platform to engage with investors and the recording is now available. Brought to you by A2X, this is a great opportunity to hear directly from CEO Dominic Sewela. Watch it here>>> I would like to encourage you to dig into the recent Magic Markets shows and learn about a variety of global companies. In the past three Magic Markets episodes, we've covered recent insights from Caterpillar and Home Depot, Disney and Yum! Brands and now Crocs and Nike as well. Magic Markets is the perfect way to take your knowledge to the next level, particularly in terms of unpacking business models and understanding the biggest names in global business. Speaking of expanding your knowledge, the latest Ghost Stories podcast with Brian McMillan of Investec is a rare and excellent opportunity to properly understand structured products and how the use of derivatives can make index investing even more interesting. The Investec USD S&P 500 Autocall offers downside protection, with a potential return up to 8.4% per annum. L earn all about it in this show>>> Bringing it back to single stock investing, the most recent Ghost Wrap podcast showcases recent company earnings that have been very positive indeed. Despite all the negativity around South Africa at any point in time, there are companies listed here that are doing very well. Perfect examples include Super Group, Grindrod, ADvTECH, STADIO, CA Sales Holdings, Transpaco and Master Drilling. Thanks to Mazars, you can get the latest on all these companies in just a few minutes of your time at this link>>> Nampak is raising R1 billion at R175 a shareThe cat is finally out the bag on the Nampak rights offer, with the price of R175 a share representing a 23.49% discount to the 30-day volume-weighted average price. Importantly, R450 million of the R1 billion raise has been underwritten and another R500 million has been committed to by shareholders. This improves the likelihood of a successful raise, while putting a fee of 2.33% in the pockets of the underwriters. Other news yesterday included results from insurance and financial services groups Clientele, Sanlam and Santam. A new accounting standard is causing significant distortions in that sector. We also saw a promising property update from Fortress, as well as balance sheet funding strategies at Hammerson. Truworths is an important update, where you need to be careful of the 53-week comparable period. Also look out for detailed results from Impala Platinum, along with many smaller company updates covered in Little Bites. You can get the latest on all these companies by reading Ghost Bites at this link>>> Welcome back, DealMakersAfter taking a break last week, DealMakers is back with the usual summaries of local M&A activity a>, African M&A activity and local corporate finance deals. There's an article on why hostile takeovers tend to fail in South Africa, along with a piece on sanctions and their impact on African entities. A firmer dollar means a weaker randAfter mixed data over the past few days, TreasuryONE has noted a return to strength for the dollar. The Core PCE index printed in line with expectations and slightly higher than the June print. This is a valuable tool for the Fed in measuring inflation and a higher print suggests stubborn inflation. Off the back of this data, the rand lost over 1% to trade just below R18.90. All eyes will be on the non-farm payrolls print later today. There is also manufacturing data due out of the US. With that, I wish you a lovely weekend!
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