South Africa’s Key growth areas for Private Equity in 2017

South Africa’s Key growth areas for Private Equity in 2017

JOHANNESBURG (Capital Markets in Africa) – With the International Monetary Fund predicting 0.8% GDP growth for South Africa in 2017, it is clear that there is a critical need to find an effective model outside of the public and listed company sectors to fund the projects required to stimulate growth. According to Paul Boynton, CEO of Old Mutual Alternative Investments, one of the most underutilised opportunities to drive economic growth in South Africa is through…

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Local Vote May Spur ANC Policy Turn on South African Economy

Local Vote May Spur ANC Policy Turn on South African Economy

Johannesburg, Capital Markets in Africa: South Africa’s most competitive elections since the end of white minority rule in 1994 may force the ruling African National Congress to alter its economic course to address criticism that it’s not doing enough to tackle poverty or reduce a 27 percent unemployment rate. Investors will probably welcome any slippage in the ANC’s dominance in Wednesday’s municipal elections because it could push the party to do more to attract investment…

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South Africa Most Exposed to Brexit Fallout in Region, Moody’s Says

South Africa Most Exposed to Brexit Fallout in Region, Moody’s Says

South Africa, Capital Markets in Africa: South Africa’s reliance on foreign money to finance the shortfall on its current account makes it the most vulnerable in sub-Saharan Africa to fallout from the U.K.’s vote to quit the European Union, Moody’s Investors Service said. “South Africa’s current-account deficit leaves it vulnerable to short-term capital outflows amid changes in investors’ risk perceptions and appetite,” Moody’s Vice President and Senior Analyst Zuzana Brixiova wrote in an e-mailed report…

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South Africa Market Watch | June 22nd 2015: South African stocks edge higher on Greece hopes

South Africa Market Watch | June 22nd 2015: South African stocks edge higher on Greece hopes

Johannesburg, South Africa (Capital Markets in Africa) – Financial shares were the big winners on Monday on the  Johannesburg Stock Exchange (JSE) as the local market was lifted by a wave of optimism that Greece and its international creditors would strike a last-minute deal that will see the Greek government avert default. The Financial index has been under pressure lately despite being oversold. This is because any fallout over the Greek crisis will hit this…

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