Market Forces
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30 Mar 2020anemptytextllineOn 27 March Moody’s downgraded SA local currency debt to non-investment grade, also known as ‘junk’. What does this mean for your investment? -
18 Mar 2020anemptytextllineWhile government cannot control how financial markets respond to COVID-19, there is still a lot macroeconomic policymakers can do. The South African Reserve Bank can keep the wheels of the economy oiled amidst tighter financial conditions, which includes cutting the policy interest rate. -
6 Mar 2020anemptytextllineThe current recession, mainly fuelled by Eskom loadshedding, has led to downward revisions of growth forecasts for the year ahead. While we have a reasonable handle on the impact of electricity outages on GDP growth, the same cannot be said for the spread of the coronavirus. -
5 Mar 2020anemptytextllineGlobal markets were in the grip of the coronavirus and South African corporates and SOEs battled on in February, the month of the National Budget. -
28 Feb 2020anemptytextllineThe past few National Budgets have been making investors increasingly miserable. And then Minister Mboweni surprised us with Budget 2020 – personal income tax relief and no increases in investment taxes - preparing the soil for economic growth. -
27 Feb 2020anemptytextllineBudget 2020 is the best we could have hoped for but reducing government’s expenditure bill will be daunting, says Sanlam Investments’ economist, Arthur Kamp.
