The Paradise Papers have exposed royalty, politicians and rock stars alike. After two of Trump’s ex-aides were implicated in the Russia probe, the Paradise Papers have shown further links between Club Trump and the Russians. In other news, the Saudi Crown Prince has arrested royals, ministers and businesspeople in an anti-corruption purge – could something similar…
Last week Friday, 27 October 2017, American tech had an incredible day with the Nasdaq Top 100 companies adding $200 billion in market cap. Amazon, Microsoft, and Alphabet Inc. were some of the big performers. The South African ALSI had strong returns, but it may not be as healthy as it seems.
The mid-term budget speech was met with widespread disappointment. The numbers were worse than expected, economic growth forecasts decreased, the consolidated budget deficit widened, the nuclear deal was not addressed, and neither was the continuous bailing out of State Owned Enterprises – there is a concern that the rating agencies may downgrade us as a…
In South Africa, the last few days have caused a stir! Jacob Zuma reshuffled his cabinet, international corruption fighters have gotten involved in the Gupta case, and Dudu Myeni has been replaced as chairperson of South African Airways (SAA).
Internationally, there have been Brexit ball games and the ambiguous possibility of Catalonian independence. Locally, there are concerns over Gigaba’s interim budget allocations to State Owned Enterprises. We also outline below, the Dynasty house-view on the positioning of our domestic portfolios ahead of the ANC Elective Conference in December.
Fresh debate about gun control in America after a horrific mass shooting in Las Vegas. In South Africa, the countdown continues to the ANC’s elective conference in December. Read on for more:
Over the last week, the bizarreness of Trump continued, from tax cuts for the rich to embarrassment at the UN General Assembly; Angela Merkel has kept her position as Chancellor of Germany; and an ex-CEO of Trillian has become a massively valuable whistle-blower in the case to expose South African State Capture. Catch up on…
London terror attacks and tensions around North Korea spell another week of international turbulence. Gupta scandals put South Africa in the international headlines for the wrong reasons. Read on for more:
South Africans were cheered by the country’s emergence from a technical recession and a victory against Bell Pottinger, while Hurricane Irma and tensions between the US and North Korea dominated international headlines. Read on for more:
