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Interwoventhreads-08Jan19.pdf

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🔗 Source: intellidex.co.za

📊 Size: 299 KB

👤 Author: Peter Attard Montalto

⬇️ Downloads: 66

Summary

South Africa's 2019 outlook is complex, with a "clean-up" continuing slowly, and growth recovery being slow. The ANC is expected to get 55-60% in the elections, but factionalism will intensify, limiting reform. The currency will weaken due to ratings and credit narratives. Key factors for market investors are Eskom's situation, a potential Moody's downgrade, and the prospect for medium-run upside in growth. The election is seen as a key inflection point, but its importance is expected to be overplayed, with the post-election period likely being the same in narrative terms regardless of the ANC's election result.

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Description

South Africa's 2019 outlook is complex, with a "clean-up" continuing slowly, and growth recovery being slow.

Technical Information

File Format: PDF
File Size: 299 KB
Pages: 14
Language: EN
Author: Peter Attard Montalto
Total Downloads: 66
Last Updated: 1 week ago

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