Cyril Ramaphosa is now the ANC president.
What does that mean for South Africa and investors?
The vote was very close and the split between the top six probably means the new leadership is not as business friendly as investors hope.
Exchange rates have strengthened drastically. Should you take more money offshore?
- Will Zuma step down or will the ANC recall him speedily? The answer has big implications for investors and ratings agencies. A quick resolution to the Zuma problem and a Cabinet reshuffle could be great for investors. The alternative could be damaging in the short term, but potentially positive in the long run.
For more detail; listen to the interview in the audio below (and/or scroll down for quotes from it).
You need a quarter of your investments outside of South Africa… If you have no money overseas, then the decision is simple…— Warren Ingram, Galileo Capital
How do you protect yourself against a Steinhoff? You have to have your eggs spread across a number of baskets.— Warren Ingram, Galileo Capital
It [the JSE] is a good place to put your money… Most of the top 40 companies are not really related to the health of the South African economy…— Warren Ingram, Galileo Capital
Don’t commit a lump sum to the market… phase it in over, possibly, 12 months…— Warren Ingram, Galileo Capital
Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.
Recommendedby THE NEWSROOM
The Money Show’s Bruce Whitfield interviews Khokhela Consulting MD Laurence Grubb.
South Africa’s repo rate remains unchanged at 6.75%. Bruce Whitfield interviews Nedbank economist Busisiwe Radebe.
For centuries it had abundant water supplies. That's over. Bruce Whitfield interviews Future Water Institute’s Dr Kevin Winter.
The Money Show’s Bruce Whitfield interviews Aurik Business Accelerator’s Pavlo Phitidis.
Naspers constitutes a whopping 20% of the Top 40 index. Bruce Whitfield interviews Personal Financial Advisor Warren Ingram.
The Money Show’s Bruce Whitfield interviews Financial Mail Deputy Editor Sikonathi Mantshantsha.
The African National Congress (ANC) in KwaZulu-Natal confirmed on Thursday that it had received an apology from Zuma.
The City’s Xanthea Limberg says other emergency interventions are underway.
Dr Phil Joffe presented SABC's famous Good Morning South Africa breakfast show for ten years, from 1989- 1998.
Michiel le Roux speaks about the fascinating story behind the little bank that has the Big 4 shaking in their boots.
WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...
The National Student Financial Aid Scheme (NSFAS) will pilot a new funding model in 2017. NSFAS chairperson Sizwe Nxasana explains.