Friday, 18 February 2022 - 60 Second Finance 1) The rand has | BankerX Broadcast

Friday, 18 February 2022 - 60 Second Finance

1) The rand has been on a tear this year, up 7% YTD and hitting highs vs the dollar (R14.9/$) not seen since November. With the threat of war and rampant inflation in developed markets, our relatively low inflation and commodity industries have looked very attractive.

2) Truworths, the market leader in the old lady clothes category, had a great year. They’ve hiked their dividend payout, and the market showed them some love with 9.5% pop on Thursday.

3) It’s been a tough few years for the airline industry, and the worlds largest aircraft manufacturers haven’t been spared. Airbus hasn't paid a dividend in 2 years, but they’re trying to get back on the (air)bus with a proposed payout in the next few months.

4) How much is a good CEO worth? Apple are planning to pay Tim Cook $99m dollars this year for shepherding the business through the pandemic and building a supply chain juggernaut.