Market Commentary | The week that was – July 23rd

By |2024-07-23T09:27:40+02:00July 23, 2024|Market Commentary|

President Joe Biden announced he will not seek re-election in 2024 and endorsed Vice President Kamala Harris as the Democratic nominee. On the S.A. front, President Cyril Ramaphosa signed the Pension Funds Amendment Bill, initiating the two-pot retirement system. Meta Platforms is negotiating a 3-5% stake in EssilorLuxottica to advance its smart glasses development.