• Monthly Archives

    November 2019

    Things are looking better in SA

    By | Uncategorized

    To get the South African economy going again we need business sentiment and participation to improve. Four of the most basic requirements for this to happen are:

    1. Make it easy to register a new business.
    2. Provide the business with the basic tools like power, water and manoeuvrability.
    3. Incentivise business with lower taxes and subsidies.
    4. Ensure taxes collected by SARS do not end up in the pockets of corrupt officials.

    Read More

    SAA, big test for transformation promises

    By | Latest news

    On the eve of its crippling strike SAA warned that it would apply the principle of no-work, no-pay to strikers but trade unions went ahead with the strike. They are asking for an 8% increase. At first SAA said there would be no wage increases but then they offered an above-inflation increase of 5,9%, retroactive to April 1. Read More

    The last few weeks of 2019

    By | Uncategorized

    As we have discussed before, equity markets have historically performed well over the months of October, November and December. We have seen a steady rise in South African shares over the last 40 days and the US markets are hitting record highs. The rand has strengthened somewhat, even though Moody’s moved our credit rating from stable to negative. Read More

    It is what it is

    By | Investments

    Wow Boks, thanks for a good news weekend! But let’s get back to investments:

    One thing we have to remember is that markets are not vindictive. Money quite simply flows from high-risk areas with little potential for growth, to lower-risk areas with a lot of potential for growth. An apt analogy would be where you walk in the Kruger National Park and come across a hungry lion. The lion’s instinct will dictate that it will chase and kill you, not because it has something against you, but merely because it is hungry and you are food. Read More