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‘Yes, our democracy is facing very serious challenges. But we will probably be OK,’ was the view of political commentator Eusebius McKaiser at the 2016 i3 Summit hosted by Sanlam Investments and Glacier by Sanlam. ‘Provided we do a certain number of things to entrench our fledgling democracy and the institutions needed to sustain it.’
BankservAfrica’s July data shows higher inflation rates are pushing salaries down, while pensions continue to climb.
July was a very weak month for South Africa as economic transactions fell on every measure and usual periods for the BankservAfrica Economic Transaction Index (BETI). Due to this, the total real value of the index fell by -0.2% in July 2016 on a year-on-year basis.
Maarten Ackerman, Citadel Advisory Partner and Investment Strategist, unpacks the election impact for investors.
If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?