Investments / Economy

SAVCA statement on Moody’s and Fitch ratings downgrade on SA

The Southern African Private Equity and Venture Capital Association (SAVCA) notes with disappointment the downgrade of the country by ratings agencies Moody’s Investors Service and Fitch Ratings, further into junk status.

Why a simple reg 28 amendment could fuel SA’S economic recovery

COVID-19 and the ensuing national lockdown has had a dramatic effect on all spheres of South African society, but small and medium-sized enterprises (SMEs) – especially those in the service sector – have been particularly hard hit. These SMEs, however, are also the fastest creators of new jobs, and could underpin the country’s much-needed economic recovery.

The rocky road to recovery

South Africa’s economic recovery is rightly in the spotlight, and important questions need to be asked. We need to know not only how we bounce back from the lockdown-induced contraction but also how we raise the longer-term economic growth rate.

Momentum Investments Market and economic outlook