A Moody Budget

A Moody Budget

It’s been a week of high-highs and low-lows. On the one hand, Finance Minister Tito Mboweni delivered a sombre medium-term budget policy statement (MTBPS) on Wednesday, and on Friday, Moody’s announced a change in their outlook for South Africa from “stable” to...
A crisis too good to waste

A crisis too good to waste

Finance Minister Tito Mboweni’s upcoming Medium Term Budget Policy Statement (MTBPS) is perhaps the most important for South Africa to date. With a resurgence of load shedding, crisis-level unemployment figures, and economic growth teetering between zero and one...
Market gloom opens opportunities

Market gloom opens opportunities

The tough local environment is a challenge for most companies, and many local investors are feeling the pain after a somewhat demoralising third quarter. Despite a bumper start to the year for local markets, South Africa’s stop-start economic growth, and mixed signals...
BA-DA-BOOM: the Machabeng Portfolio

BA-DA-BOOM: the Machabeng Portfolio

We are proud to announce the release of our Machabeng portfolio. Machabeng, which means “international” in isiSotho, invests in good companies that “do good”. It offers a diversified portfolio of attractively priced companies listed on the New York Stock Exchange that...
Know what you own

Know what you own

The proliferation of investment products and financial literature has been a boon for investors – and it has not. Never before have investors had more information about a wider array of investment options and about the state of the market. And yet, for all this, the...
ETFs and capital markets

ETFs and capital markets

Exchange Traded Funds, more popularly known as ETFs, have undergone exponential growth over the past 20 years without any signs of slowing, irrevocably changing the way in which investors interact with the market. According to Ernst & Young’s Global ETF Survey...