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AGF Magazine - May 2019 issue

  • Analysis: The Cookie-Cutter Conundrum: Deploying Dry Powder in SSA
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  • Comment: How International Financial Centres Can Fuel African Economic Development
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Analysis > Markets

South Africa: attractive investment destination

Chris Botha, Director: Fund Management, Imara Asset Management
June 29, 2017, midnight

Word count: 1107

President Jacob Zuma has been facing a revolt after replacing a highly respected finance minister with yet another crony which was immediately followed by investment downgrades by foreign ratings agencies. This has widened the chasm within the ruling party but despite this, and public protests, we expect the president to dig his heels in even harder. He will go down kicking and screaming for sure. In essence, there now is a battle for the soul of the ANC. 

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