The world is changing fast and to keep up you need local knowledge with global context.
Old Mutual’s dispute with Peter Moyo was pushed out after the South African insurer’s fired chief executive officer was granted leave to add evidence to a contempt of court charge he brought against the company.
It may be just under half the height of the world’s 10th-tallest building, (the Shanghai World Financial Centre), but Africa’s now-tallest building in Sandton, the Leonardo, is breaking new ground.
History by and large says that the grass is not always greener on the other side, and this is backed here by a very smart investor in emerging market equities.
South Africa’s R2.4trn savings industry has a request for the ruling party: stop with threats of dictating where funds must invest and get going on projects that pensions can help finance.
The loss of trust in SARS had planted a seed of tax revolt in the minds of some South Africans, which will prevent the government from creating a strong and capable state.
The South African Automobile Association postponed its mid-month forecast until it has a clearer picture of the effect of oil price movements.
Steinhoff was given a record R53m fine by South Africa’s financial regulator for failing to properly disclose accounting problems to shareholders.
From credit ratings, to the medium term budget, to interest rate decisions, each outcome will in some form or other, shape the country’s future.
Finance Minister Tito Mboweni’s new economic strategy paper is a refreshing, much needed breath of fresh air for an economy struggling for oxygen.
How solidly President Cyril Ramaphosa backs Tito Mboweni in the looming conflagration will be deeply predictive.