By

Joy Immelman (Main Author)

21
Aug
2020
0

Prescribed Assets: What the Latest Speculations Really Mean for Investors

South Africa is facing an ominous debt trap, which creates a lot of anxiety about a potential ‘raid’ on formal savings to keep government going.  In response, there has been much speculation in the press and social media platforms about prescribed assets – and in particular – the possibility of amending Regulation 28 of the Pension Funds Act to include provision for investment in infrastructure.  

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22
Jul
2020
0

A Brief Look Back at the Second Quarter (Q2 ) 2020: Why the ‘real Economy’ Is in Deep Trouble

Around the world, various governments have embarked on quantitative easing (QE), coupled with support programmes to help alleviate the disastrous economic impact of the COVID-19 pandemic. However, QE manifests as support for financial markets, rather than for the ‘real economy’.  Notably, QE is a tool whereby the rich get richer – from rising stock prices – in the hopes that the wealth effect will see them spend money that will trickle down into the real economy. As it stands, the real economy is in dire trouble – and business profits are falling – whilst the global financial economy is in an upswing with a stock market recovery that is in full force.  Equity prices are moving upward.

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13
Mar
2020
0

Travel Q & A with Anthea Petersen

Why Antarctica?

My dream has always been to travel to Antarctica on an ice breaker. The vastness of the continent fascinates me. Having read numerous books on exploration to the South Pole, this continent had strong appeal. Although we crossed the Antarctic Circle, we were nowhere near the South Pole. Certainly, we did it in style when compared to Shackleton, the famed National Geographic Explorer who was the first to start these journeys.

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