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…

Proposed Exchange Control Reforms

This communication aims to provide further context about the proposed exchange control reforms. With the outbreak of Covid-19, it is difficult to think beyond all that has transpired over the past few months globally, let alone the past month in South Africa. However, towards the end of February 2020, the Financial Surveillance Department (FinSurv) of…

Land Expropriation without Compensation – Article by JP Landman

LAND EXPROPRIATION WITHOUT COMPENSATION 3 February 2020 Changing the Constitution to allow for expropriation without compensation has certainly ignited South African politics for 2020. It is worthwhile cutting through the noise. CURRENT POSITION Currently, expropriation is allowed and is governed by both the Constitution and the Expropriation Act. Section 25(2) of the Constitution (the property…