The latest data suggests that developed markets are seeing some recovery, while emerging markets are now bearing the brunt. In South Africa, consumer activity is significantly lower and economic growth is expected to decrease by 8% this year and only increase by 4% next year.
Loadshedding will continue to curb growth for at least 12 months, which means the economy will not recover quickly, but the rand is expected to strengthen over the next months. He also discusses why bonds could be a better option than equities at the moment.
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These unique times have brought unique challenges when it comes to estate planning. We look at the impact on tax residency, restructuring opportunities and wills.
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Making sense of the forces driving rand’s movements against the world’s leading currencies has always been a daunting task and the current environment is an excellent example of this.
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Covid-19 has thrust the importance of life insurance into the limelight. But life insurance isn’t just about leaving a legacy and supporting your family when you die. It’s also about living benefits that help you navigate the impact of a severe illness or disability.
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