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More political shocks

21 November 2017 | Economy

Some 50 years ago, British Prime Minister Harold Wilson coined the expression ‘a week is a long time in politics’. Faced with chaotic Brexit negotiations, backstabbing Tories and two Cabinet ministers resigning amid this scandal, current British Prime Minister Theresa May no doubt feels the same. In Zimbabwe, where the political situation under Robert Mugabe seemed immovable for so long, change has been unfolding rapidly since the army seized control last week. Unlike in 2000, when the troubles in our northern neighbour exerted strong pressure on the currency, the rand barely moved on the news of this ‘coup’.

How are SA funds positioned to withstand further credit downgrades?

21 November 2017 | Economy

Given the larger-than-expected shortfall in South African government revenues and an increase in foreign financing of government borrowing in rand, the likelihood of a local sovereign downgrade has risen further following the Medium Term Budget Policy Statement (MTBPS); giving rise to critical questions around how South African funds are positioned for such an event.

What taxes do I pay when I invest offshore?

20 November 2017 | General

Investing offshore allows you to diversify and benefit from a broader universe of investment ideas, but what about the tax you may have to pay? As with any other investment, it is important to get the full picture before you make any decisions. When you invest offshore, the tax you may be required to pay depends heavily on the way you choose to invest.