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The South African economy is under strain: After growing by just 1.9% in 2013, it proceeded to shrink in the first quarter of 2014. Expectations are that the economy will grow by only 2% this year – and that’s if we’re lucky.
July marks Savings Month. Midway through the year, it’s the perfect opportunity to take a fresh look at your investments. Are you saving enough towards your goals for the future? And – equally important – are you investing optimally?
The search for yield is still very much alive, as evidenced by the record-breaking debut eurobond issuance of Kenya last week. Even amid some encouraging signs of healing in developed market economies, yields are still unattractive relative to that of emerging and frontier markets.
African nations, including the continent’s largest economies of Nigeria and South Africa, can boost international investor sentiment towards their markets by ramping up efforts to combat financial crime such as money laundering, insider trading, terror finance, market abuse and general bribery and corruption.
Do you think short-term insurance broking will survive the AI plus humanoid robotics age?