We welcome you to the latest edition of our Newsletter.
Our National Elections in May have come and gone, so has the recent State of the Nation Address by President Ramaphosa. South Africans are eagerly waiting for a change and more importantly an eradication of corruption in the Government. Whilst the Zondo Commission is on its facts finding mission, there has been some silver lining on the horizon: Retail sales have increased in June year-on-year following another upswing of 2.7% in May, the Rand has been resilient, the property market shows small signs of improvement and the Reserve Bank announced at the end of July to cut interest rates by 0.25%. It is encouraging to see that the Governor, Lesetja Kganyago, is keeping his eyes on inflation and not politics. So let’s hope that our government is finding actions to stimulate our economic growth.