I identify as "Hedgefund Manager"
My Pronouns are : Investors/Analyst/Portfolio Manager/Hedgefund Manager 😅🤞
#JSE #SARB #SADC #SouthAfrica #TFSA #Investing #Macro #Stagflation #Finance #KhumoSolutions #NASDAQ #DXY #TradingForex
I identify as "Hedgefund Manager"
My Pronouns are : Investors/Analyst/Portfolio Manager/Hedgefund Manager 😅🤞
#JSE #SARB #SADC #SouthAfrica #TFSA #Investing #Macro #Stagflation #Finance #KhumoSolutions #NASDAQ #DXY #TradingForex
The South African Reserve Bank (SARB) raised interest rates by 25 basis points, citing escalating global inflation risks linked to the ongoing Middle East crisis and mounting pressure on domestic fuel and food prices.
https://dmarketforces.com/south-africa-reserve-bank-hikes-rates-25bps-to-fight-inflation/
「SA’s foreign investment story is better than you think
#SouthAfrica has seen a net FDI inflow (inflows minus outflows) every year since 2018, says PwC’s April Economic Outlook bulletin.
“This may come as a surprise to some considering the country’s economic challenges and obstacles faced by private business. Many would expect that outflows would overshadow inflows. However, data from the #SouthAfricanReserveBank (#Sarb) shows that the country’s net #FDI flows averaged R58 billion per annum after the global financial crisis when excluding 2021.”
[...]
South Africans have a generally negative view of public #governance and #ServiceDelivery, but the country does better than many think on objective measures such as the #WorldBank’s Worldwide Governance Indicators (WGIs), which measures six factors, such as regulatory quality, rule of law, control of #corruption and government effectiveness for more than 200 countries. SA ranks about midway in the WGI ranking.
Because South Africans have witnessed a decline in the quality of public services, many assume the country underperforms its peers. This is a narrow view.
Being a middle-of-the-pack performance rather than something more dismal accounts to a large extent for the moderately positive view of the country’s governance held by foreign investors.」
https://www.moneyweb.co.za/news/economy/sas-foreign-investment-story-is-better-than-you-think/
We are talking about the same story today, right? 🤔
#SouthAfrica #PhalaPhala #Ramaphosa #ANC #SARB #SouthAfricanReserveBank