South Africa And The Impossible Trinity

Market Commentary, Market Insights

In this article we will provide an update on the economic outlook for South Africa based on the most recent economic data releases. The article should help refine readers views as it pertains to the short and longer-term outlook for South African financial assets and specifically as it pertains to the MSCI South Africa exchange traded fund (NYSEARCA:EZA). We will also provide some additional insights as it pertains to the longer-term outlook and importantly in the context of the recent Mid-Term Budget (MTB) presentation. The MTB will garner more attention this year given the recent appointment of former central bank governor Tito Mboweni, who replaced the incumbent Nhlanhla Nene, after the latter resigned following revelations related to the¬†country’s ongoing corruption hearings.

Comments are closed.