South Africa’s downgrade One investment grade remains, which is enough… for now On the 24th of November 2017, Standard & Poor’s downgraded South Africa’s government debt denominated in local currency to sub-investment grade, and debt denominated in foreign currency to BB from BB+.
South African Budget Speech 2017 On 22 February 2017, the South African government’s budget for the fiscal year 2017/2018 was presented by Pravin Gordhan, Minister of Finance and the framework for the next three years was defined.
In a recent article by Dr Andrew Golding, it is evident that Cape Town’s property market outperforms the rest of South Africa. saCape Town’s coastline and mountains act as a major constraint on the city’s ability to expand, which goes some way towards explaining the out performance of the Cape housing market.
Our colleague, Hans Kroll, attended yesterdays breakfast at […]
“We must continue to market the country as […]
At a meeting held in Shanghai on the […]