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 NEWSROOM AI
Returns of 500% are not unheard of. Is this another crypto-like bubble? Not in the least, says Financial Advisor Warren Ingram.
The Money Show’s Bruce Whitfield interviews Adv. Eric Mkhawane, CEO at the Office of the Tax Ombud.
Predictions, products and personalities featured in "Business Unusual" in the last three years.
The consequences of consuming dagga at home and showing up at the office high. Bruce Whitfield interviews a labour lawyer.
The Money Show’s Bruce Whitfield interviews Mahlatsi Mahlase of the South African National Editors Forum (Sanef).
In the bonus episode of Solutionist Thinking with RMB, Bruce Whitfield speaks the founders of FirstRand, GT Ferreira, Laurie Dippenaar and Paul Harris.
Metrorail KZN Regional Spokesperson Zama Nomnganga says a build up of events led to the decision.
Western Cape DA leader Bonginkosi Madikizela confirmed that he was asked to hand over his devices but he says that he refused.
Tiamat Medusa has undergone extreme body modification and claims to be the most modified trans person in the world.
The Clothing Bank gives women access to discounted merchandise and 500 hours of training in money management and business skills.
The Department of Home Affairs has deployed an additional 30 immigration officials to OR Tambo International Airport over the festive season.
These are the emergency numbers you should have on your cellphone and this is what you must understand about how they work.