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.Continue reading
This year’s medium term budget policy statement (MTBPS) was presented in a domestic environment of low economic growth.Continue reading
Markets and economies have proved resilient so far this year in the face of rising interest rates, and investors are hopeful Goldilocks is on her way back. This seems too good to be true…Continue reading
South African mobsters seem to want to get their hands on a new category of valuables: cooking oil. Willowton Group, the maker of Sunfoil cooking oil, suffered several robberies in October 2022. Gunmen stormed a facility in Durban and three loaded trucks were stolen from a warehouse in Kempton Park.Continue reading
Income funds offer good risk-adjusted returns with lower volatility than other asset classes, especially in times of macroeconomic uncertainty. In a world of sticky inflation, rising interest rates and slowing growth, the STANLIB Fixed Income team has the experience and the tactical agility to protect and grow investors’ capital.Continue reading
Could the United States decide to impose sanctions on South Africa based on our ties with Russia?’Continue reading
SA’s National Budget recognises the need to help households and Eskom while maintaining fiscal discipline.Continue reading
In this webinar, Kevin Lings and Warren Buhai, share their views on what investors can expect in 2023 and beyond. They provide fresh ideas and unpack key macro themes and what these mean for markets and investors.Continue reading
The South African economy is facing a range of cyclical as well as structural impediments to growth, and they are being amplified by a weakening global economic environment.Continue reading
As we prepare to leave the market upheavals of 2022 behind, it is time to consider what lies beyond.
In this webinar, John Bilton, Head of Global Multi-Asset Strategy, and Thushka Maharaj, Multi-Asset Strategist, from J.P. Morgan Asset Management.
In this webinar STANLIB’s Chief Economist, Kevin Lings discusses the local and global economic environment and shares his views on what may lie ahead.Continue reading
South Africa finds itself in a precarious position. Over the past two years a wide range of global developments have had a largely adverse impact on South Africa’s macroeconomic environment.Continue reading