Investments / Economy

Economies at a glance - April 2022

The rollercoaster rand

The rand nosedived in a week of turmoil, but how did we get here and where are we going?

Could a Russian default trigger an EM crisis?

Russia is inching towards a debt default. We look at which emerging markets might be most at risk of contagion and whether investors should be concerned.

SA to dodge Russia Ukraine fallout, for now

For many South Africans, the biggest surprise in the immediate aftermath of the Russia-Ukraine war was our government’s refusal to condemn the invasion. South Africa was among 35 countries to abstain on a United Nations’ motion deploring Russia’s aggression against Ukraine, held early March 2022, and a few weeks later a delegation from our Parliament distanced itself from an Inter-Parliamentary Unition (IPU) resolution stating that “the ongoing Russian use of force against Ukraine is a violation of the Charter of the UN, including the principle of sovereignty and territorial integrity”.