Inline with the spirit of Passover and Easter celebrations we are sending out the News Flash today rather than on Friday. This week was eventful both locally and internationally: Moody’s released their in-depth annual analysis on South Africa, the redacted version of Mueller’s Report may be released, and Notre-Dame went up in flames.
Local electioneering will continue to dominate the news cycle as the campaigning heats up ahead of next month’s elections. Expect to see increased service-delivery protests and the concomitant finger-pointing we saw in Alex this week.
Moody ’s will be releasing a report on whether or not they have decided to downgrade South Africa’s credit rating later today. There is concern over the possibility of a downgrade especially considering the recent load shedding from Eskom. Dynasty expects, on the balance of probabilities, that there will be a downgrade in the outlook of…
Due to tomorrow being Human Rights Day and it creating an unofficial long weekend, there will not be a News Flash on Friday, 22 March 2019, but we will be back to you as normal from the 29 March 2019 with our weekly summary. Below is a brief News Flash to keep you informed.
This week, the British Parliament voted against a ‘no-deal Brexit ’, American and Chinese leaders continue to quarrel over trade deal negotiations, the US Senate voted against Trump’s wall as some Republicans stood up to a bully, President Trump.
This week there were further developments in Trump Land regarding Paul Manafort, the trade war, and the denuclearisation of North Korea. It seems as though Eskom was riddled with corruption and will need a great deal of nurturing before it becomes a viable entity.
This week was a busy one for the Trump administration – President Trump had a summit with North Korea, heard Michael Cohen’s testimony against the President, and had to deal with the ensuing national emergency initiated by President Trump’s wall.
Tito Mboweni delivered his budget speech this week, presenting a bleak but frank assessment of what South Africa will have to do to fix our economy. As South African eyes continue to widen over just how much work there is to be done, it is good to reflect on how much worse things could have…
We will get to a day where we do not talk about Brexit, the trade war, or Eskom woes but today is not that day. Theresa May’s appeal has been squashed by the House of Commons, trade deal negotiations are largely stagnant, and Eskom has made South African’s realise that we weren’t nearly as pessimistic…
