Moody’s finally dropped the sword on South Africa on Friday evening, following in the steps of fellow ratings agencies S&P and Fitch in downgrading the country’s sovereign credit rating to sub-investment grade or “junk status”. And the COVID-19 crisis and current lockdown mean that even before factoring in the impact of Moody’s decision, the economic outlook for SA in...
CE Dr Adrian Saville talks to Power FM about the upcoming Brics summit in South Africa and the investment opportunities it may present https://youtu.be/u0WOklQ2gFo
Welcome to the first edition of Rethink, our new monthly note. Our regular readers will notice our most popular thought pieces have been retained in this new format. As Mark Twain once said, “History doesn’t repeat itself, but it often rhymes.” We hear history rhyming...
CE Adrian Saville participates in a Classic FM panel discussion on third quarter strategy, looking at key factors that could affect retail investors https://youtu.be/ADIbDOF07Ko
CIO Samantha Steyn comments on Woolworths’ anticipated first full-year loss in 16 years as local sales fell and its Australian adventure haunts the group read more
CE Dr Adrian Saville joins a CNBC Africa panel discussion on the pro’s and con’s of Chinese economic influence in Africa, and the West’s concerns of competition for trade... https://youtu.be/E4k3wYyUsvA
CE Dr Adrian Saville talks to Bruce Whitfield on Radio 702 offering lessons and principles for South Africa from Costa Rica’s transformation https://youtu.be/cS68xRK0aHk
CE Dr Adrian Saville comments on recent corporate scandals: “A management team with skin in the game doesn’t… buy you immunity from fraud… There’s a whole... read more
CE Dr Adrian Saville discusses Cannon Asset Managers’ Global Champions Portfolio with Simon Brown on Business Day TV: “good business + good price = good investment” https://youtu.be/Bk76HhT8Mf4
In the face of recent criticism of regulators, CE Adrian Saville comments on the slippery slope for regulators when it comes to taking a more interventionist role read more
CE Adrian Saville talks to Radio 702 on how escalating trade tensions and tariffs will impact South African trade read more
SA’s troubled economy received a further blow yesterday when it was reported that business confidence had fallen sharply in the second quarter read more
Looking at GDP from the production side of the economy: At the headline level, the numbers make for worrying reading with the SA economy contracting by 2.2% over the first quarter on an annualised, seasonally adjusted basis, and rising by a modest 0.8% for the year to...