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(Bloomberg)
Tencent lost as much as 6.7% in Hong Kong on Tuesday, as traders took profit after Monday’s 11% surge, which was Tencent’s biggest in almost a decade. Investors were also concerned by comments by an adviser to China’s central bank indicating that excessive liquidity and ultra-low borrowing costs were creating bubbles in the stock market.
Naspers fell 3.5% from a fresh record close, the biggest decline since Dec. 28, and causing the strongest drag on the overall market. Prosus, which holds Naspers’ 31% stake in Tencent, declined 3.3%, the biggest drop in more than two weeks.
Globally, risk sentiment took a beating as investors mulled a possible delay in the planned U.S. fiscal-relief package against a backdrop of concerns that some markets are overextended. South African stocks have spent their longest period in technically overbought territory since 2005, with the relative strength index on the benchmark index above the level of 70 that si
African Automotive Adaptation
Alongside the many promising sectors active in Africa, automotive manufacturing stands out as a progressive and promising sphere of industry
East Africa is home to a substantial percentage of the continent’s shipping, logistics, and supply chain sectors.
Amid the sectors, despite the turmoil in the wake of the 2020 coronavirus pandemic, East African automotive manufacturing stands as one industry that is both competitive and promising.
“There is a lot of opportunity in East African countries. Although recently impacted by COVID-19, these countries have high levels of GDP growth, and have young, growing populations,” begins Tim Jaques, CEO of Motus Africa.
Company : Pentagon Group
Do you have: A minimum Level 2 City & Guilds / NVQ in Vehicle Repair? Previous experience working in a Workshop environment? Manufacturer Training and technical knowledge?
If you can answer YES, then you may be the person we are looking for.
What Will You Be Doing?
You will spend most of your time in our Workshop maintaining vehicles, carrying out inspections, repairs and services whilst liaising with Service Advisors and our Customers.
Analysis, diagnostics and road testing vehicles are also a critical part of this role to ensure we exceed our Customersâ expectations.
Who Are We Looking for?
The ideal Technician will have: