“The euro will continue to weaken. The ECB (European Central Bank) needs to do something (cut interest rates) to make sure euro-zone growth is not damaged by a slowdown in the U.S.”
“Given the perception that much of the capital likely to leave the country is already invested offshore, lifting the R750000 allowance for individuals would have little macro effect, but would go a long way in boosting confidence.”
“On the customer side we are seeing a great deal more interest in Africa and a lot of funds in particular who previously were perhaps looking at other emerging markets are now looking at Africa in a new way.”
“Psychologically it appears as though inflation is coming down rapidly. It makes us even more comfortable with the view that rates will stay on hold this year.”
