By: Amina Yuda, Associate at Norton Rose Fulbright On 29 October 2020, the South African Reserve Bank (SARB) published an exchange control circular (Circular 15/2020) which in effect reclassifies all remaining foreign debt and derivative…
You can’t grow an economy without electricity
November 25, 2020
By: Andre de Ruyter, CEO, Eskom Covid-19 has wreaked havoc on economies around the globe and South Africa is no exception. On top of that, we are facing a national crisis with inadequate electricity supply…
CPI for October 2020
November 25, 2020
By: Reza Hendrickse, Portfolio Manager at PPS Investments Consumer price inflation increased to 3.3% year-on-year as at the end of October 2020, slightly higher than September but remains at the lower end of the South…
Further into junk
November 23, 2020
By: Sanisha Packirisamy, Economist at Momentum Investments and Herman van Papendorp, Head of Investment Research & Asset Allocation at Momentum Investments. Moody’s and Fitch downgraded SA’s foreign-currency sovereign rating and its local-currency rating Outcome of rating: Standard…
By: Sanisha Packirisamy, Economist at Momentum Investments and/or Herman van Papendorp, Head of Investment Research & Asset Allocation at Momentum Investments. The South African Reserve Bank (Sarb) Monetary Policy Committee (MPC) held interest rates steady at 3.5%…
The end of the beginning
November 16, 2020
By: Old Mutual Wealth Investment Strategists Izak Odendaal and Dave Mohr One of UK Prime Minister Winston Churchill’s most famous lines comes from a speech he gave after the defeat of German forces at the…
Investment advice can be risky business
November 11, 2020
By: Paul Nixon, head of technical marketing and behavioural finance at Momentum Investments Much has been said about flawed ‘risk profile’ and ‘risk tolerance’ questionnaires in the advice process. Despite the agreement as an industry about…
Investment jargon – demystifying investment language
November 11, 2020
Eight key investment nuances first-time investors should know Investment jargon – used by ‘those in the know’ ad nauseum – can be very intimidating, and sometimes even a barrier to entry for first-time investors. Understanding what your…
