06/21/2016
In the event of a downgrade, Turner was optimistic that local banks could handle a downgrade better than expected. South African banks were in better shape compared with the previous macro stress events of 2008.
06/20/2016
Just as important, these advisors will provide guidance on meaningful social impact activities, like giving back to society and creating entrepreneurial opportunities.
06/20/2016
One of the key indicators of the index is income levels across the country – where higher income levels signify a more comfortable standard of living, while low income levels indicate more deprived communities.
06/15/2016
By comparison, South Africa’s most valuable company, Naspers, boasts a current market cap that borders R1 trillion.
06/10/2016
It follows a report published by New World Wealth, which showed that white millionaire numbers have decreased dramatically in SA – from 36,600 in 2007, to 21,200 in 2015.
06/09/2016
The bank states that commodity prices are expected to remain low, global activity is anticipated to be weak, and financial conditions are tightening.