Investors reward strongmen in India and Brazil, but now SA must make its case
While our peers allow institutional strength to erode and authoritarianism to increase, Cyril Ramaphosa has chosen the opposite path
28 October 2019 - 18:54
In 2013, SA, like the other “fragile fraternity” members at the time, notably India and Brazil, fell victim to a sharp sell-off in financial markets as speculators preyed on its weak fundamentals. But a lot has changed since then. While Brazil and India are back in vogue, SA is not — at least for now.
There are several reasons why portfolio investors have found India and Brazil attractive again, not least of which their decisive leadership and pro-business reform agendas...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.