Economy

PPS Investments: GDP Q4 2019 Commentary

The South African economy suffered a further slowdown in the fourth quarter of 2019, shrinking 1.4% compared to the prior quarter.

SA GDP contracts in 4Q19, confirming a technical recession for 2H19

The fourth-quarter 2019 SA GDP growth contracted by 1.4% q/q on a seasonally adjusted annualised basis, highlighting that the economy endured a technical recession during 2H19.

National Budget – Preference share schemes under spotlight

The 2020 National Budget tabled in Parliament on 26 February by Finance Minister, Tito Mboweni, held no surprises on any matters impacting the fiduciary industry.

National Treasury Takes a View on Financial Emigration