The offshore conundrum for SA investors
27 September 2018
The recent announcement that South Africa has officially entered a recession, following two consecutive quarters of negative growth, appears to have largely reversed the optimism that took hold of the country following the change in leadership at the beginning of the year. While the global economy will likely retain above trend growth rates into 2019, concerns have risen over increasing threats of a global trade war, alongside pockets of emerging markets stress in the face of gradual policy tightening from the Fed. This current state of affairs has prompted increased interest among many South Africans in offshore investment.