Share prices yesterday experienced their worst rout since 1987, with even a $1.5trn injection by the US Federal Reserve unable to stem the wave of selling orders as investors rushed for the exit.
Chief financial officers of the UK’s largest companies have raised concerns about proposals put forward to break up the Big Four audit firms.
As an expatriate with a UK pension, you may be somewhat alarmed by the significant storm that has erupted in the British financial media around the ongoing pension funds deficit crisis.
As those who bought Amazon in the early days of the internet will attest, the best way to play a megatrend is buy in early and forget you own the stock.
The Global Portfolio bears an uncanny resemblance to the hottest investment option in Scotland – an ancient fund that has mushroomed through its new age approach.
Since Brexit the UK stock market has done well, the FTSE gaining 23% in the year. In comparison the JSE has lost 1%.
For those considering a cheap way into a hard currency, buying UK Pounds today may prove a rare opportunity. As Warren Buffett reminds us, the best time to be greedy is when others are fearful.
Sentula Mining has identified assets that could be sold to recover some of the R383m in civil damages being sought from a former director.
In these turbulent economic times, many South Africans are looking to send at least part of their wealth offshore, with the UK being a popular destination.
South African related companies delivered three of the FTSE 100’s top four performers and four of its top 10. In a year when so much went wrong at home, that’s surely worth celebrating.