News flash News Flash – Impeachment trial, resignations, interest rates cuts, and it is only week two

News Flash – Impeachment trial, resignations, interest rates cuts, and it is only week two

What an eventful week: The impeachment trial has begun, Russia’s government resigned, and Australia received some desperately needed rain. Locally, there have been many shifts too – the SARB lowered rates, the Zondo Commission resumed, and President Ramaphosa made forward strides with regards to Eskom. Global News President Trump’s impeachment trial has begun. Democrat Adam Schiff read…

News flash News Flash – the end of a decade

News Flash – The End of a Decade

Welcome to our last News Flash of 2019. We wish you peace and joy as the year draws to a close and may your journey into the new decade continue on this note, accompanied by much prosperity. Our Weekly News Flashes will resume on the 10 January 2020. Global News Boris Johnson has won a conservative…

News flash News Flash – SAA in business rescue

News Flash – SAA in business rescue

SAA has finally gone into business rescue. What this means for the long-term prospects of the business is still unknown, but a business rescue practitioner will be appointed immediately. This may be a good move as at least changes are being made to the bulky state-owned enterprises, and this will in-turn alleviate the weight bearing…

News flash News Flash – Ramaphosa, Eskom, Cosatu, SARB, downgrade

News Flash – Ramaphosa, Eskom, Cosatu, SARB, downgrade

Over the past few weeks there have been many developments regarding the health of South Africa’s economy, centering around whether there will be a downgrade to junk status in March 2020. Currently, this seems like the most likely scenario, and for this reason, Dynasty is maintaining its investment strategy of protecting our clients’ portfolios from…

News flash News Flash – Corruption, protests, impeachment

News Flash – Corruption, protests, impeachment

A mosaic or tapestry of news was in store for us this week. Many different stories evolved as we made our trudge towards the end of 2019. In South Africa, there were new appointments to SOE leadership positions, accompanied by arrests in connection with state capture and corruption. Globally, the US passed a bill to…

News flash News Flash – China, the US, and little, old SA

News Flash – China, the US, and little old SA

Globally, there continues to be much disruption: China is battling to maintain growth in the face of the Trade War; Germany has been flirting with recession for years now; Hong Kong is in turmoil; and South Africa is just attempting to stay afloat. As a result of this, Moody’s has adjusted its global economic outlook negatively, a…

News flash News Flash – All focus is on the MTBPS

News Flash – All focus is on the MTBPS

This week Finance Minister Tito Mboweni gave his Medium-Term Budget Policy Statement (MTBPS) and painted a gloomy picture. Debt has ballooned, and the country is no better off, unemployment is at record highs, and Eskom is without a credible plan. Global News Democrats took the next step in the impeachment process of President Trump. The US House…