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, forex investments and short-term commercial insurance. Maano Capital is a registered credit provider NCRCP22459.

Finance News Update | 22 July 2026

Writer: Phophi K
Phophi K
Jul 22
2 min read

General Headlines


IMF says AI could boost Sub-Saharan Africa’s economy by 4%

The International Monetary Fund (IMF) has projected that artificial intelligence (AI) could increase Sub-Saharan Africa’s economic output by approximately 4% over the next decade, provided the region improves electricity supply, internet connectivity, and digital skills. The IMF noted that investments in digital infrastructure and human capital will be critical to unlocking AI’s economic potential. Without these reforms, however, the region is unlikely to experience meaningful productivity gains from AI adoption. Engineering News


Major municipalities found to have unlawful electricity tariffs

The City of Johannesburg and the City of Ekurhuleni are among four municipalities found to have charged electricity tariffs that were deemed unlawful during the 2024/25 financial year. The findings have raised concerns about regulatory compliance and the legality of municipal billing practices. The issue could have financial implications for both municipalities and consumers, while highlighting the need for stronger oversight of tariff-setting processes. MyBroadband


Energy transition could put thousands of automotive jobs at risk

A new study has warned that South Africa could lose an estimated 8,200 jobs as the global shift towards new energy vehicles accelerates, unless appropriate policies and investment strategies are implemented. The automotive industry remains one of the country's key economic sectors, contributing 22.6% of manufacturing output and 5.2% of GDP in 2024. Industry stakeholders argue that targeted investment and supportive policy reforms will be essential to maintain the sector's competitiveness during the transition. Daily Investor


Markets & Investments


Market and Stock Highlight

The South African rand remained relatively stable on Tuesday as global markets monitored renewed conflict involving Iran. While higher oil prices continued to reflect geopolitical tensions, oil futures eased by around 0.5% from the previous trading session, providing some relief to investors. Market attention has now shifted to the release of South Africa's June Consumer Price Index (CPI), with inflation expected to rise to approximately 4.7%, up from 4.5% in May. On Wednesday, 22 July 2026, the rand traded at R16.45 to the dollar, R22.02 to the pound, and R18.77 to the euro, while gold traded at $4,128.74 per ounce and oil at $92.30 per barrel. BusinessTech


Property & Real Assets


Property sector calls for interest rates to remain unchanged

South Africa's property industry is urging the South African Reserve Bank (SARB) to leave interest rates unchanged at this week's Monetary Policy Committee (MPC) meeting. Samuel Seeff, Chairman of the Seeff Property Group, warned that another rate increase would place additional pressure on households, businesses, and an economy that is still recovering. Industry leaders believe maintaining current interest rates would help support consumer confidence, improve housing affordability, and sustain momentum in the residential property market. BusinessTech

 
 
bottom of page