SA bonds

16 Feb 2022

‘Hopeful Budget’ may strike right notes, but tax clarity and economic reforms are needed – Allan Gray

By Staff Writer

We expect that the Budget will reflect the intention by government to revive the economy through providing continued tax relief, added focus on accelerating reforms in the country and no major tax increases.

09 Jul 2021

Foreigners have been selling SA bonds - but who is buying them?

By Staff Writer

Foreign investors have almost constantly been selling South African Government Bonds (SAGB’s) over the past three and a half years, as the seriousness of the South African fiscal situation and resultant rising debt levels have become clearer. If anything, this selling has increased over the past year as the already dire fiscal situation was exacerbated by the economic impacts of the measures taken by governments to slow the spread of the virus.

26 Feb 2019

Positioning portfolios to weather economic headwinds

By Janice Roberts

The South African economy exited its recession in Q3 2018 and while attention will be on the country’s Q4 2018 GDP growth figures, due to be released by Stats SA on 5 March, all indications suggest these will be weaker than the previous quarter, according to Reza Hendrickse, Portfolio Manager at PPS Investments.