Junk Status Arrives

Standard & Poors delivered a scathing verdict on the management of the SA economy in their downgrade report. In the accompanying article the editor of the Business Day newspaper explains that South Africa has a growth problem, the result of an overly aggressive...

Chickens, roosting No. 2…

Few risks put the heeby-jeebies in the average retirement product investor like government prescribed investments – particularly if the prescribed investments are poorly managed, corrupt state companies, when the government itself is finding it too expensive or...

Chickens, roosting… No 1

The effect of junk bond status is starting to hit home – as predicted. The expectation of further downgrades based on political uncertainty, low growth and a fast expanding deficit (escalating costs, dropping tax revenue) is making it more and more expensive to...

Trying to explain the state of the SA economy

In this article the editor of the Business Day newspaper points out the curious state of the South African economy: weak currency, low inflation, high interest rates, low growth. Is neglect and economic paralysis a word going to continue after the ANC elective...

Will SA go the way of Zimbabwe?

It has long been the contention amongst political and financial pundits that South Africa is a very different country to Zimbabwe, that the economy is too big to fail, that it is too developed and too sophisticated, that there are too many vested interests to allow it...