Articles about
SA economy

“When the world is running down, you make the best of what’s still around.” – Musician and actor, Gordon Sumner (aka Sting)

“If you owe your bank a hundred pounds, you have a problem. But if you owe a million, it has.” – Economist John Maynard Keynes

“The best time to plant a tree was 20 years ago. The second best time is now.” – Chinese proverb

But depressed growth and further Eskom support weigh heavily on government

Despite positive moves, South Africa’s fiscal position is still very vulnerable

Cyril Ramaphosa’s ANC needs to save South Africa from economic déjà vu

South Africa’s prospects are looking better, but durable change needs vision and consensus

“The storm only comes to teach you how to skillfully sail your ship.” – Matshona Dhliwayo, author and philosopher

But SAGBs are still an attractive investment

Improving local economic outlook

Passing breeze or real winds of change?

But South African bonds still offer a bulwark against global policy normalisation

It was always going to get messy

The price is right (or at least it feels that way)

But after riding the wave of optimism, we are now cautious of South African bonds at current levels

Significant opportunities may underlie a bleak outlook

A good quarter for investors, but a tough one for South Africa

We continue to focus on valuation to find attractive opportunities

2017 proved to be a strong year for most asset classes and our portfolios performed well over the period

We can’t afford not doing better

Mounting risk to the fiscal health of indebted emerging markets will require careful navigation.

Vulnerabilities increase the risk of longer-term damage

Good intentions and a renewed commitment to growth are not enough to make government's financial position sustainable

Let us not waste another crisis

Restoring confidence is key to growth recovery

The economic cost of rent seeking

Transformative policy paper needs strong implementation

Government’s management of the power crisis will be telling of its broader capacity for reform

“The trouble is, you think you have time.” – Gautama Buddha

“You can’t always get what you want, but if you try sometimes you just might find you get what you need.” – The Rolling Stones

Enough already!

“He who indulges in empty fears earns himself real fears. We should always allow some time to elapse, for time discloses the truth.“ – Lucius Annaeus Seneca

“Trust is undeniably linked to doing what is right. Ethical drivers such as integrity, dependability and purpose drive the trust capital of business.” – 2020 Edelman Trust Barometer

“It does not matter how slowly you go, as long as you do not stop.” – Confucius

“Give me accountability, I’ll give you peace.” – Abhijit Naskar, neuroscientist and author

The element of surprise is common in a system where so many decisions depend on forecasts of the future.” – Iconoclastic economist Frank Knight, mid-20th century

“A promise is a cloud; fulfilment is the rain.” – Arab Proverb

“Throughout human history, in any great endeavour requiring the common effort of many nations and men and women everywhere, we have learned – it is only through seriousness of purpose and persistence that we ultimately carry the day. We might liken it to riding a bicycle. You stay upright and move forward so long as you keep up the momentum.” – Ban Ki-moon