Era coming to an end for African Bank, and Anthropic hits $100 billion milestone

• The Reserve Bank is likely to hike rates in response on 23 September to support the rand and defend against a looming shock from higher fuel prices.
• The war in Iran continues to choke international oil supply through the Strait of Hormuz, with countries including Saudi Arabia getting oil out of the Persian Gulf following US guidance.
• The JSE All Share closed the week down over 1% on Friday as the market digests the impact of higher rates for longer in the United States.