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In the South African investment community, “SA Inc” has long been shorthand for locally-listed companies whose fortunes rise and fall with the domestic economy; the banks, insurers, retailers, and homegrown industrials that depend on what happens inside the country’s borders.
Did the SONA (State of the Nation) address by President Ramaphosa mark a genuine shift to prioritising economic reform and a capable state, or just reluctant rhetoric to placate some of its GNU partners?
As an adviser reading this article, which discipline do you find most important for retirement planning?