The Daily Update: 16 January

The latest updates from the JSE and NYSE over the past 24 hours.

South Africa

Merafe Resources Limited- Production report for the quarter and year ended 31 December 2022

• Merafes attributable ferrochrome production from the Glencore Merafe Chrome Venture increased by approximately 1.3% to 384 kt for the full year compared to the year ended 31 December 2021.

The U.S.

Ford

• Ford is poised to cut its dependence on Volkswagen technology for its next generation of electric cars in Europe.

Apple

• Apple is reportedly preparing to place a bid for the domestic TV rights to England's Premier League.
• The Premier League's current three-year deal with Sky Sports and BT Sport expires in 2025, but the tender process for the period beyond will start later in 2023.