Market and Economic Summary Global equity markets recorded strong gains this month. However, these positive headline moves masked the volatile nature of global markets, as most experienced a sharp sell-off during the first week of the month. This sell-off was due to...
Compound Interest and The Rule of 72 By Roné Swanepoel, Head of Sales Morningstar Investment Management South Africa Did you know, that if you start saving a small amount, early in life, it can lead to a larger savings pot than if you were to save a large amount much...
2024 Budget Speech Update Compiled by the Tax team, Allan Gray Proprietary Limited. While South Africans battle with a cost-of-living crisis, rising unemployment and sluggish economic growth, Finance Minister Enoch Godongwana is faced with the daunting task of...
Medium-Term Budget Policy Statement (MTBPS) Morningstar South Africa Minister of Finance, Mr Enoch Godongwana, tabled the Medium-Term Budget Policy Statement (MTBPS) in Parliament on 1st November, providing an update on South Africa’s finances and in particular its...
Market and Economic Summary This month, global market sentiment turned negative, as most asset classes ended in the red. Resilient economic data, and concerns of further upside risks to inflation led to expectations that central banks would maintain higher interest...
