The Weekly Shyft: Episode 10

Standard Bank South Africa

This is the tenth audio episode of The Shyft Lift, the regular news digest of the app for the globally-minded, based in South Africa. In this episode, we learn more about raging against the financial machine with meme stocks, as well as SA’s surprising market wins.

Primary activity in the bond market slowed slightly in April 2021. (https://bit.ly/3oWZJPv; https://bit.ly/3uvw2pI; https://bit.ly/3ySNB6T)

Small caps were again the largest outperformers in April. (https://bit.ly/2TfVjr4)

The rand’s recent strength is not only due to higher commodity prices; it is also partly due to foreign demand for government bonds in SA. (https://bit.ly/3hVUUVa; https://bit.ly/34pdmgT)

There’s a peak in SA-to-China exports. (https://bit.ly/3uuIIgA; https://bit.ly/3vw8ang)

Reinsurance premiums received in SA jumped to R15.5-billion. (https://bit.ly/3fr73zC; https://bit.ly/3fuz4X8)

U.S. stock markets have gone bonkers in 2021, largely the result of amateur traders banding together to buy up meme stocks. (https://bit.ly/3cikuQL; https://bit.ly/3yIRgE6; https://bit.ly/2SuoOFj; https://bit.ly/3bZACq0; https://bit.ly/3c0s2Y6; https://bit.ly/3p1eGAe; https://bit.ly/2R1zevO)

Want some conversation starters?

Qatar has ordered the arrest of Finance Minister Ali Shareef al-Emadi over embezzlement allegations. (https://bit.ly/3wANcnx; https://bit.ly/3fqw7H9)

Hundreds of people turned up at a U.S. park with pool noodles to joust for the name Josh. (https://bit.ly/34qQxcE; https://bit.ly/3wDoXFd)

Twitter is experimenting with a new ‘tip jar’ feature. (https://cnb.cx/3wDXwuT; https://bit.ly/3wDbKMt; https://bit.ly/3utzEJ1)

The Dutch art of niksen is taking Europe by storm. (https://bit.ly/3c1ggfX; https://bit.ly/3ft3UPM; https://bit.ly/3g6MFTR)

Shyft is an app for global citizens based in South Africa, powered by Standard Bank. It helps you buy, send and store local and foreign currency anytime, anywhere, directly from your mobile. Visit getshyft.co.za to download the app today.

Shyft operates under the license of The Standard Bank of South Africa Limited. (''Standard Bank''), an authorised Financial Services Provider (FSP number 11287).

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