EDITOR’S NOTE: News changes fast in the time of Covid-19
Editing a monthly magazine, as I have probably said before, is not the easiest task in a world where news travels at lightning speed. The task has been made all the more tricky by the full-scale outbreak of the Covid-19 virus. This suffocating pandemic is — thanks to the prevailing uncertainty around its containment — knocking investment sentiment all over the place.
On the JSE, the real estate sector, leisure and gaming industries and fashion retailers are taking the initial bruising. But it’s filtering through to other sectors. I noticed that earnings a share of Invicta, a well-regarded industrial counter we have included in our cover story, are at levels lower than they were five years ago.