MORE THAN JUST COVID-19

MORE THAN JUST COVID-19 22 May 2020 –  by JP Landman, Political Analyst Millions of words and trillions of pixels have been published on Covid-19. I cannot possibly add value to that, so in this note we will focus on other things crowded out by the virus. SURVIVING  THE  DOWNGRADE South Africa exited the World Government…

Moody’s finally downgrades South Africa

by Rashaad Tayob, Portfolio Manager Nedgroup Investments Flexible Income Fund 30th March 2020 When, not If On Friday March 27th, South Africa lost its last investment grade rating as Moody’s downgraded the country to Junk status. Even before the COVID-19 crisis, the deterioration of the government finances made the downgrade inevitable, it was just a…