JSE Week Ahead: South Africa’s Budget Speech Looms After Friday’s JSE Rally
The FTSE/JSE All Share closed Friday up 0.97% at 123,022, while the Top 40 gained 1.04%. Investors are awaiting Finance Minister Enoch Godongwana’s budget speech on Feb. 25. Sibanye Stillwater reported a 2.46 billion rand impairment and raised its dividend. The rand strengthened to 16.08 per dollar as Brent crude rose to $72 a barrel.