Browsing: Argon Asset Management

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Gloom hangs over Cell C rescue plan

The downgrade of Cell C’s corporate credit rating to the junkiest of junk by S&P Global Rating is another blow to the telecommunications company’s brave ambition of reducing its crippling debt load of R20,7bn. This is the view of

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SA rates set to rise on inflation fears

Investors are betting on a South African rate increase as inflation expectations surge in the wake of a collapse in the rand. Forward-rate agreements starting in 12 months, used to speculate on policy moves, added 40 basis

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Market unconcerned about Cell C bond U-turn

Market watchers are not worried about the decision by mobile operator Cell C to ditch its R8,5bn planned bond placement to reduce its crippling debt load of R20,7bn. Prepaid technology specialist