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Daily Archives: June 26, 2020

Jun262020
Uncategorized Nazmeera Moola

High stakes budget with good plan, but risks lie in implementation

By Nazmeera Moola

In trying to score Finance Minister Tito Mboweni’s much anticipated Supplementary Budget out of 10, we broke the answer up into three components: Firstly, the current fiscal situation, secondly, the quality of the plan as outlined in the document and thirdly the executability of the plan. South Africa’s finances are in pretty dire shape. The…

Jun262020
News flash News Flash – Protecting Equity Market Returns Whilst Remaining Invested

News Flash – Protecting Equity Market Returns Whilst Remaining Invested

By Dynasty Asset Management

This week Gita Gopinath, the IMF’s chief economist, announced that the decline in GDP for 2020 would be worse than forecast a few months ago, and that the Fund has lowered its expectations for an economic rebound next year. Meanwhile in South Africa, our economy is forecast to contract by around 7% for the current…

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