Ever wondered how things are fairing in Nigeria since the drawn-out battle the country has been experiencing with low oil prices? There seems to be a mixed bag of reactions on how both the Nigerian state and its citizens experience the current state of the country’s economy.
Since the devaluation of China’s currency started last Monday, global financial markets have been roiled by increasing “risk aversion” on the back of worries about the impact of China’s perceived faltering growth prospects on the global economy. Momentum Investments’ Head of Macro Research and Asset Allocation, Herman van Papendorp, and Economist Sanisha Packirisamy unpack what this means.
Getting a start-up off the ground can be very challenging. That’s why receiving words of wisdom from those who have walked the journey before you is essential in ensuring you don’t repeat their mistakes. Director of OPEN, Westleigh Wilkinson, shares things he wishes he would have known before launching into entrepreneurship.
Over the past few months we have seen markets start to retreat, and the most recent turmoil is a more violent expression of this. While this may come as a surprise to many, Investec Asset Management’s portfolio managers Clyde Rossouw and Sumesh Chetty, say they have believed for some time now that the elevated market levels are not sustainable.
Emerging markets around the world are experiencing an excruciating repricing of all risk assets at the moment, awakening bad memories of previous sagas of a similar nature. Is this time different? And what does this mean for the rand? Head of South African Portfolios at Citadel, George Herman, explains.