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Analysis > Markets

South Africa Domestic Overview

Bernard Drotschie, Deputy Chief Investment Officer, Melville Douglas
Jan. 16, 2019, 9:30 p.m.

Word count: 1161

Investors have had disappointing returns from domestic equities this year after a promising start. South Africa (SA) is now in a recession and the global backdrop is no longer as supportive, so President Ramaphosa will have his work cut out to instil a new sense of confidence to ignite growth. His stimulus package and a revised mining charter are good signs, but scepticism dominates markets. Hope alone is not– implementation is required. Where might be the turning point?

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