Investing in South Africa: Exploring current opportunities and risks
As we head into the second quarter of 2021, is South Africa on-track for a longer-term recovery?
In this webinar, STANLIB’s Chief Economist, Kevin Lings, shares his views on various factors impacting South Africa’s economic health, highlighting both risks and opportunities for growth. Kevin also interviewed STANLIB’s Head of Fixed Income, Victor Mphaphuli and Head of Credit Alternatives, Johan Marnewick, to explore the risks to the fiscus, including low growth, the runaway wage bill and increased wasteful expenditure, and what this means for instrument valuations over the long and short term. They also discuss the infrastructure investment environment in SA and the state of municipal finances and outlook for ongoing service delivery.