FF News: Dollar ‘surges,’ as Impeachment looms?

“The Wolf of Wall Street,’ Omar Abdulla sees

new insights on investments

Into South Africa…??

by Zakiyyah Kolia

(1 February 2020-Reuters) “The Wolf of Wall Street,’

Mr. Omar Abdulla

is said to

watch market shares closely and noted that oil prices

will drop within the current year,

the stronger South African Rand, and dollar strength in 2020.

‘Our group normally hedges investments into companies including

media investment,

the Forex and Bitcoin markets, and smaller investments into the

food and retail sector.’

whispered, Mz. Ayesha Noormahomed, spokesperson for

The Omar Abdulla Group.

Sky News twittered that President Trump was still holding

strong in the polls after

successful election campaigns in New York, Washington D.C,

Chicago, San Francisco,

Los Angeles, Boston, Seattle, Texas and New Hampshire.

‘The president is still running strong, after complaining that

he was tired after the campaign

In Boston. We are happy that impeachment seems a long

time ago, as senators see a re-election,

of President Trump.’ winked The White House.

Dressed in his favourite suit, with the lady of his dreams by

his side, Abdulla says that South

Africa was still a good investment location for international

residents as the country still

achieved good retail sales figures, a drop in the unemployment rate,

and stronger economic

data.

“We had some good earnings from Edcon, Naspers, Shoprite

and Absa.’ he quirked.

President Trump who spoke to The African Tribune,

says that he sees

opportunities in South Africa,

as third world countries in Africa, should show a higher

differential on interest.

“Africa has always been used as a dumping ground for China

and Asia, and The United States,

will be pouring over $4000 million dollars into Africa, within

the next twenty years.’

The South African Sun, quitted that South Africa was the

leader of Africa, and the

country is ‘just getting back,’ on it’s feet, after the

‘horrible; terrible,’

President Jacob Zuma era.

Absa economist, Mister Julian Van Zyl wrote on his blog that South Africa

was in ‘recovery mode,’ and already we seeing some Rand strengh, with the

election of President Ramaphosa.

Although The Omar Abdulla Group of companies Bitcoin SA,

Forex SA, Instagram SA,

Facebook SA, Google SA, are

said to have reported casual earnings within the year, the company

is said to press on current

investments with other investments into Oil, Engineering and

Manufacturing.

“We see the likes of Sasol, Shell, British Petroleum and Caltex

shares to drop within the year,

as more investors will hold more riskier assets including the dollar

and South African rand.’

numbered Engineering News.

Speaking to The Washington Post, Mr. Abdulla extended his

remarks that South African shares

was the way to go, as the third world country could show returns of up

to 10% per annum.

‘The higher differential on interest, the riskier assets, and more economic

growth in South Africa,

could see the South African rand, reach R12 to dollar, by June 2020.’

 

 

 

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