• Monthly Archives

    January 2018

    Image: World Economic Forum

    News from Davos.

    By | Economy, Latest news, Uncategorized

    Every year, a World Economic Forum is held in Davos, Switzerland. This is where all the important, rich people come together for what we would call an indaba. A lot of networking and, of course, lots of talk happen there. We are not sure how much of the talk actually leads to action, but we do know that the world watches and the world listens to the rhetoric. Read More

    Looking back at 2017 and what to expect from 2018

    By | Economy

    Our expectations beginning of 2017

    In a newsletter to clients at the beginning of 2017 we predicted that the JSE All Share index could trade up 25% (actual increase was 18%) and that the rand could be at R12  to the US$ (actually R12,48) at year end. We did, however, believe these figures were unlikely given the dire situation of the SA economy and the pressure on the rand due to US$ strength, rising US interest rates and SA credit downgrades. Read More