Investments

Trade war escalation weighs on markets

Investors remain on edge following the escalation of the US-China trade battle. Apart from raising tariffs on Chinese imports, the Trump administration has also effectively blocked Huawei and other firms from using US technology. The market is increasingly internalising the indications that the White House’s actions are not just motivated by the trade deficit with China, but also by longer-term strategic competition between the two superpowers. The trade spat is therefore unlikely to be resolved immediately. However, talk of a new ‘Cold War’ is premature, as the extensive trade links between the two countries mean both still have an incentive to work together. In contrast, there was very little trade between the US and the old Soviet Union.

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Where to find the wealthiest suburbs in SA

Owing to the fact that there is a much smaller pool of potential buyers who can afford these kinds of homes, luxury listings are often the trickiest to sell. If you are a buyer who is looking to make a multi-million rand investment in South African real estate, it is therefore advisable to narrow your search to the most popular suburbs for multimillionaires to increase your chances of closing a sale when you ultimately decide to sell.