top of page

Phone Number

010 826 1580

Email Address 

admin@maanocapital.co.za

Physical Address

33 Ballyclare Drive, Bryanston, 2191, Johannesburg
16 St George's Mall, Foreshore, 8001, Cape Town
179 Vhuawelo Street, Sibasa, 0970, Thohoyandou

Maano Capital Pty Ltd, 2013/181382/07 is an authorized financial services provider (FSP 55112) in terms of section 8 of the Financial Advisory and Intermediary Act 37 of 2002. Maano Capital is authorized to provide advice and intermediary services in the following categories: money market instruments, derivative instruments, long and short term deposits, structured deposits, participatory interests in CIS, shares, bonds, debentures and securitized debt and and forex investments. Maano Capital is a registered credit provider NCRCP22459.

Finance News Update | 16 Feb 2026

  • Writer: Masego M
    Masego M
  • Feb 16
  • 3 min read

General Headlines Ramaphosa declares foot-and-mouth outbreak a national disaster In his State of the Nation Address, President Cyril Ramaphosa declared the foot-and-mouth disease outbreak a national disaster, making it a top government priority. The disease has spread widely, causing serious economic harm, with export bans and trade restrictions hitting farmers and rural communities hard. Critics have said the government’s response has been slow, but Ramaphosa announced a major plan, the entire national herd of 14 million cattle will be vaccinated, requiring 28 million doses over the next few months. (BusinessDay) SARS freezing bank accounts of one group of taxpayers

Many South Africans who move abroad face complicated red tape, and one big issue is that their bank accounts are being frozen, leaving them unable to access money or pay salaries. Immigration tax expert William Louw says the problem comes from poor coordination between the National Treasury, SARS, and the Reserve Bank, which are overlapping in their roles and creating confusion. He argues that each institution should focus on its own responsibilities to make things easier for taxpayers. For people emigrating, the process starts with tax emigration. This means informing SARS of the departure date, declaring all worldwide assets, paying any exit tax, and getting official confirmation of non-residency. (BusinessTech) Ramaphosa targets crime syndicates and water crisis In his 2026 State of the Nation Address, President Cyril Ramaphosa gave a direct account of South Africa’s biggest problems, including crime, water shortages, failing municipalities, and Eskom’s restructuring. He admitted that while the economy has improved and load shedding has ended, the country still faces serious challenges. Crime was the main focus of his speech. Ramaphosa called organised crime the biggest threat to democracy, society, and economic growth, saying it destroys lives, creates fear, and discourages investment. To fight back, he announced stronger intelligence coordination, special intervention teams to break up criminal networks, and the deployment of the South African National Defence Force (SANDF) to help police in high-crime areas. (Moneyweb) Markets and investments Economists see three more SA rate cuts A Bloomberg survey shows that the South African Reserve Bank is expected to cut interest rates three more times before ending its current cycle. Economists from major firms like Morgan Stanley, UBS, and BNP Paribas predict the rate will drop by a total of 75 basis points, reaching 6%. This follows earlier cuts since September 2024 that reduced rates by 1.5 percentage points. Lower rates are meant to help the economy, which has been stagnant for over a decade, by boosting household spending — a key driver of growth. The Reserve Bank recently kept the rate at 6.75%, citing global risks and rising food and electricity costs, even though inflation has fallen to 3.3%, close to its new 3% target. BNP expects the cuts to finish by September 2026, while UBS and Morgan Stanley see them ending in early 2027. The Bank’s own model also suggests room for further easing of up to 75 basis points by 2027. (Moneyweb)

 

Property and Real Assets


Massive shopping mall in South Africa set for grand opening this year

The Boardwalk Mall in Gqeberha is being expanded with a R60 million project to strengthen its position in the Eastern Cape. The new phase will add more than 2,500 square meters of space, including leisure facilities like padel courts, a five-a-side soccer arena, and Jacks Bagels, as well as new retail space in the popular Sun Park area. Construction begins in January and is set to finish by November 2026.The extension will be co-owned by Changing Tides (60%), Dondolo Property Trust (20%), and Emfuleni Resorts (20%), with Flanagan & Gerard leading the development, MDS as architects, and Techni Construction as the main contractor. Managing Director Paul Gerard said the expansion responds to strong demand from both national and independent retailers. (BusinessTech)



 
 
bottom of page