RMB is a leading African Corporate and Investment Bank.

Johannesburg, South Africa
Joined March 2011
#Mozambique: The government has awarded #Dubai-based Jampur Group a 20-year concession to operate the state owned solar-panel factory in #Beluluane, which has been idle since around 2022. #ThinkAfrica
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The @IMFNews commenced a two-week visit to #Ghana to conduct the first review of the country's Policy Coordination Instrument. #ThinkAfrica
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#Zambia: The government has proposed a second ZMW19.9bn supplementary budget for 2026, following a ZMW26.3bn supplementary budget in April this year, thereby increasing 2026 spending by 18.3% to ZMW299.3bn, up from ZMW253.1bn in the original budget. #ThinkAfrica
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#USD/#ZAR has moved back towards 16.51, but the pressure remains relatively contained given the scale of the #oil move, we expect caution to persist in the market as we head into the weekend and see scope for the pair to close around 16.45 for the day. #Markets
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🇺🇸/ZAR at 16.54 ⬆️ 🇪🇺/ZAR at 18.52 ⬆️ 🇬🇧/ZAR at 22.12 ⬆️ 🇨🇳/ZAR at 2.48 ⬆️ 🛢️Oil at USD114.34 ⬆️ #Markets
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.@DeBeers has transferred its initial USD73m contribution to the Diamonds for Development Fund, a joint initiative with the #Botswana government to promote economic diversification, industrialisation and job creation beyond the diamond sector. #ThinkAfrica
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This saw #USD/#ZAR pull back to 16.47, before falling to an intraday low of 16.33 on positive signals from the #MTBPS. #Markets
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Headline #CPI surprised to the downside at 4.5% y/y in September, against our expectation of 4.8%. #Markets
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The #rand steadied through a dichotomy of forces yesterday. #Markets
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🇺🇸/ZAR at 16.44 ⬆️ 🇪🇺/ZAR at 18.49 ⬆️ 🇬🇧/ZAR at 22.04 ⬆️ 🇨🇳/ZAR at 2.46 ⬆️ 🛢️Oil at USD111.58 ⬆️ #Markets
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The @GhanaGOLDBOD has announced plans to end the export of raw minerals by 2030 as part of a broader strategy to increase domestic value addition, deepen local refining capacity, and retain a larger share of mineral revenues within the #Ghanaian economy. #ThinkAfrica
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#SouthAfrica has indicated it may reopen its market to #Botswana beef exports, subject to agreement on stringent animal disease-control measures to manage #FMD. #ThinkAfrica
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#Egypt: Remittances from Egyptians working abroad rose 27.2% y/y in the first eight months of 2026, reaching a record USD34bn between January and August 2026, up from USD27bn in the corresponding period of 2025. #ThinkAfrica
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#Nigeria has confirmed its first #Ebola case in more than a decade, extending what the Africa CDC describes as the most geographically widespread Ebola outbreak on record. #ThinkAfrica
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The #MTBPS will determine if #USD/#ZAR can reach our weekly target today; a sufficiently positive outcome could open the door to 16.22. #Markets
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The #rand continues to defy higher #oil, holding around 16.38-16.40. #Markets
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#USD/#ZAR held steady below the 16.50 psychological mark, dipping back to test a move below technical support at 16.45 this morning. #Markets
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🇺🇸/ZAR at 16.40 ⬆️ 🇪🇺/ZAR at 18.41 ⬇️ 🇬🇧/ZAR at 21.97 ⬆️ 🇨🇳/ZAR at 2.46 ⬆️ 🛢️Oil at USD110.04 ⬇️ #Markets
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#DRC: #Ebola infections have stopped declining, with transmission worsening in North Kivu province and reversing gains made in the outbreak’s original epicentre, #Ituri. #ThinkAfrica
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