How “The World” sees South Africa (considering the economy, markets, Eskom...)

The rand is weak and the economy tepid. The stock market, however, is booming despite Eskom, xenophobia and a general mood of pessimism.

We interviewed Peter Attard Montalto, Emerging Markets Economist at Nomura plc London, about the state of South Africa from a global point of view.

Listen to the audio (scroll down) for more detail.

South African is not a basket case at all. The economy is growing and markets are functioning well.

Peter Attard Montalto, Emerging Markets Economist at Nomura plc London

I’m not sure the NDP actually exist! I think it’s merely a PR product.

Peter Attard Montalto, Emerging Markets Economist at Nomura plc London

There’s a lot of legislation sitting on Zuma’s desk that, if enacted, would hinder investment.

Peter Attard Montalto, Emerging Markets Economist at Nomura plc London

Investors can work with even the EFF, because we know where they stand.

Peter Attard Montalto, Emerging Markets Economist at Nomura plc London

This article first appeared on 702 : How “The World” sees South Africa (considering the economy, markets, Eskom...)


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