Moody’s downgrades South Africa to Junk Status It’s fair to say that the 27th March 2020 might be regarded as one of South Africa’s more unknown days. The day started with all South African’s being ordered to stay at home and only leave their houses should they be involved with essential services, or to stock up on food and supplies. Late in the evening, confirmation was received from Moody’s that
Business as usual! Never has the world experienced a global health crisis of this magnitude as the risks of Coronavirus (COVID 19) intensify across the United States, Europe and within our own country, South Africa. This is unprecedented in history and no one knows how this is all going to end up! On Monday evening President Cyril Ramaphosa announced his decision to implement a nation-wide twenty-one-day lockdown from midnight on
Continuing updates on the market and what to do Over the past month global stock markets and the Johannesburg Stock All Share index has declined by +/- 32%. Of course we are very concerned about declines in the share markets. Investment losses are always concerning!  We realise that investors throughout the world are anxious and fearful. We are anxious too! Our investments are aligned with those of our clients and