Two prominent South Africans have spoken out against the morass of corruption, poor economic policy, and mismanagement in which the country finds itself under ANC governance. Billionaire, Rob Hersov, and Frans Cronje, director at the Centre for Risk Analysis, have both hit out at policies such as expropriation without compensation (EWC) and outlined why they…
Given South Africa’s volatile currency and the fact that our economy represents less than half a percent of world GDP, astute investors will usually seek exposure to other territories. This enables them to mitigate local risks and take advantage of a wider set of global opportunities and hard currencies. The case is, however, sometimes made…
An introduction by Dynasty Founder, Barry Dubb: The Constitutional Court ruling sentencing former President Zuma to 15 months in jail will probably only result in him sitting for 4 months with parole for good behaviour. On the one hand, the assertion of: the rule of law in the judgement; the principle of equality before the law;…
Retail investors’ interest in cryptocurrencies has again exploded over the past year, with Bitcoin’s rollercoaster ride during this period prompting many to ask what role digital currencies may play in the future. Some of our clients are curious about whether cryptos will one day evolve into a viable alternative to fiat currencies or to inflation-hedge…
In April 2020, the rand touched lows of R19.34 to the US dollar in the wake of the beginning of the Covid-19 crisis and a decision from Moody’s to downgrade South Africa’s sovereign credit rating in the first quarter of the year. At that time, we published an article about why the rand was likely…
‘Responsible investing’ is becoming a mainstream movement, with more institutions evaluating Environmental, Social, and Governance (ESG) criteria when they screen potential investments. This is a development we are watching with great interest at Dynasty and it is a trend that we broadly support. But before we look at the pros and cons of ESG, let’s…
We have many clients in South Africa who are content with their lifestyle and have no plans to move abroad any time soon. They enjoy the weather, have close family ties in the country, and believe that they can sustain their way of life into retirement and beyond. The question that many of them ask…
As factional politics in the ANC comes to a head, it is obvious to state that there will be winners and losers. The $64 000 question is: Who will win and by how much? In this high stakes contest, the policy and future prospects of South Africa depend on the outcome. Politics, not economics, is the…
Given South Africa’s structural inequalities, historic injustices and high poverty, taxing the rich to uplift the poor is an idea that resonates with many stakeholders in our society. It’s thus unsurprising that the debate about whether the government should introduce a wealth tax has flared up again at a time when there’s an urgent need…
