🔒 WORLDVIEW: Why junk status could be best thing to happen to South Africa
South Africa is on the road to recovery and set to break Africa’s depressing cycle of liberation followed by economic collapse.
PETER ATTARD MONTALTO
Hope springs. Momentum for a better SA is building in the right direction
Momentum from civil society is building. Although a turbulent period lies ahead, the young SA democracy is sure to emerge stronger. Hope springs.
Taking the high road on SA – fancy joining me for breakfast on Thursday?
We homo sapiens are hard wired for pessimism. Until very recently in our evolution being optimistic was an existential threat.
Peter Attard Montalto: Resistance is futile. Jacob Zuma doesn’t care, in full control
For some months already, Nomura’s emerging markets investment economist Peter Attard Montalto has painted a bearish picture for SA-optimists. He’s also been depressingly accurate.
Quantifying cost to SA of firing Gordhan – over R250bn and rising
London-based Peter Attard Montalto, of Nomura, has adjusted his GDP forecasts for South Africa in the wake of Gordhan’s firing
🔒 WORLDVIEW: Why Number One’s acolytes are smirking at the anti-Zuma campaign
Thinking South Africans were shocked after their corrupt President removed a respected Minister of Finance (and deputy) for the sole reason he is incorruptible. ANC stalwarts, the business community, church leadership, organised labour and most of the media are furious. They have started to mobilise, with the first of planned rolling mass actions yesterday building … Read more
Zuma thunderbolt ahead of reshuffle – Gordhan, Jonas ordered home from UK.
South Africa’s President Jacob Zuma has instructed Finance Minister Pravin Gordhan to abort a week-long roadshow to meet with investors and rating companies in London and the U.S.
🔒 WORLDVIEW:  Why foreign investors are sticking around in SA
Without foreign capital, SA’s open and growth dependent economy will soon implode. A harsh reality which the Apartheid government learnt in the late 1980s.
Donwald Pressly: #Zumxit not nigh – trough guzzle goes on
Donwald Pressly thinks Zuma will hang on until the bitter end, and will use every gerrymandering, filibustering and pettifogging trick in the book that he can.
Trumped-up NPA charges demotes Rand from world’s best to worst performer.
Volatility has jumped to the highest among currencies tracked by Bloomberg, catching out investors and driving others to steer clear of South African markets until the political storm has passed.