Despite a surge in bond prices towards the end of 2023, we retain a positive outlook on US government bonds at their current yields, and believe that South African government bonds (SAGBs) have more to give over the coming year.
Continue readingSouth African National Budget 2024/2025
Against a backdrop of formidable economic challenges, SA’s Minister of Finance, Enoch Godongwana, unveiled his third National Budget for 2024. Considering a landscape marked by high unemployment, weak confidence levels, and pressing infrastructure issues, the Minister navigated a complex fiscal terrain to address the country’s economic woes. With a cautious optimism for growth and a strategic focus on fiscal consolidation, the Budget sets the stage for critical discussions on sustainable economic recovery and long-term structural reforms in the nation.
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