Local producers up in arms after minister defers anti-dumping duties to curb shortages and rising food costs.
Nhlanhla Gumede, head of electricity regulation at SA's energy regulator, says a 'one-stop shop' is needed to speed up processes.
Nick Dreyer is the co-founder and CEO of Veldskoen Shoes
Now’s not the time to be rushing offshore as the winds of change at home are expected to blow welcome growth into all SA asset classes.
This is the view of Old Mutual Investment Group’s head of macro solutions Peter Brooke, who adds that conditions at home are so bad they can only get better, while the inverse is true for the US.
As proof of his convictions, Brooke told a gathering in Sandton this week that Old Mutual has “actually been increasing [its] portfolio weights in SA”.
“Our offshore allocation is under the 30% regulatory threshold,” he said.
Old Mutual chief economist Johann Els said the diversified financial services company believes the ANC is on track for “a comfortable win” and, as such, they expect more decisive moves to materialise after the elections, all of which will contribute towards the strengthening of confidence levels across the country.
“And we already know that confidence is a key driver of growth,” he said.
“A good ANC election outcome and policy reform w...
A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
Already subscribed? Simply sign in below.
Questions or problems? Email firstname.lastname@example.org or call 0860 52 52 00. Got a subscription voucher? Redeem it now
Would you like to comment on this article? Register (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.