Penny completed her BSc and Honours degrees in mathematics at Wits University and then went on to do her masters in pure mathematics at Louisiana State University. Returning to Johannesburg, she then worked at RMB for two years before moving to Cape Town to pursue a PhD in climate science. She has worked at Standard Bank as part of the South Africa fixed income and currencies research team since July 2015 and is currently studying towards her CFA.
Latest available research See All
Today see’s Treasury Bill (T-Bill) auctions, where the government will try to raise R3.55bn from 3-month T-Bills. In the 2016 MTBPS, T-Bill issuance was forecast to be R15bn higher than
The dollar has weakened in the last week on the back of fears that the Republican tax bill may be harder to pass than expected. The finance panel ended its
This week, the Heher commission report showed that higher education funding was not feasible at all levels of education but suggested that a cost sharing model between banks and the
Since the MTBPS, the bond and currency markets have been weighed down further by the resignation of Michael Sachs, the head of the budget office of the National Treasury on