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In his 2004 budget speech, the Minister of Finance announced that measures will be implemented during the course of 2004 to enable foreign firms to list and, accordingly, raise debt and equity finance on the South African capital markets.
The potential bid by Barclays for ABSA is of much interest as it could affect a number of key local macro and micro economic variables, says Dawie Klopper of PSG Fund Managers.
Property owners have one less option.
Theo van der Lingen at PSG Fund Managers reports that they continue to believe that gold belongs in local and offshore portfolios.
Would you willingly give up your medical scheme membership under a fully implemented NHI?