A recent report shows sales of electric vehicles across the world are growing significantly, we find out why this has happened, who the big players are and what the future holds.

From the rapid nosedive following lockdowns in March 2020 to springing earnings in the first half of ‘21, we’ve moved through this business cycle at top speed. It’s time to take a look at potential market implications and ask ourselves: does economic payback await?

After weeks of strength, markets have taken a pause to contemplate this week as investors weigh Biden’s proposal for higher taxes on the wealthy to fund his new social plan. With equity sentiment somewhat
stretched, it doesn’t take much for markets to consolidate and the stall this week is perhaps overdue after weeks of relentless drives upwards.

South Africa’s largest insurer Sanlam Ltd has sold its UK wealth division (Sanlam Wealth) to funds managed by Oaktree Capital Management, L.P. (“Oaktree”), for a total consideration of £140 million. The transaction is subject to customary regulatory approval and is expected to close in the first quarter of 2022.

Confidence that has permeated markets for weeks appeared to lose momentum this week as nonfarm payrolls and inflation figures caused the charging bull to take a moment to catch its breath. Nonfarm payrolls (a measure of US employment) fell far short of expectations whilst inflation printed its highest month-on-month gain since 2008.

The 2015 Paris Agreement laid plans to restrict global warming to no more than 1.5 degrees Celsius above pre-industrial levels by 2100. But we’re moving too slowly; scientists think warming in the 2–4 degree range is now more probable.