Many feel President Zuma’s recent State of the Nation Address was vague and scant on detail.
“A backslapping speech with little substance. The Cape Chamber of Commerce is, on the whole, disappointed by the State of the Nation Address,” said Bronwen Kausch, The Cape Chamber of Commerce’s executive manager on Fin24
The SA Chamber of Commerce and Industry (Sacci) has now called on Finance Minister Pravin Gordhan to reassure investors
in this week’s Budget Speech, reports Moneyweb.
Sacci says Gordhan should consider broadening South Africa's relatively small tax base and to ensure domestic and foreign investors
that South Africa is a stable and growing economy.
“The minister must provide both domestic and foreign investors
with the reassurance of a responsible budget that supports economic stability.”
More local and foreign investment is just around the corner…
But there are already signs that the economy’s doing well.
The JSE has really rallied this year, and Andani Thakhathi says in Money Morning that the market could even go past the 50 000 level mark this year.
Thakhathi adds that emerging markets
are the stars of the global economy, so countries like South Africa are well poised to keep attracting foreign equity investment
Here’s how you can profit from emerging market investments!
“Emerging markets equities are climbing the dividend ladder as we speak,” agrees MoneyMorning.com
You can profit from this sentiment by investing in offshore emerging markets.
To ensure you’re choosing the right one, choose an emerging market
that has a “record of economic liberalisation, functioning equity and debt markets, and significant potential for both economic growth and capital market investment
by foreigners,” explains MoneyWeek
And you don’t even have to pick and choose between them.
With the iShares Emerging Markets Dividend Index Fund (NYSE: DVYE)
can gain access to emerging markets
like Brazil, South Africa, Malaysia and Thailand without the commitment of a single stock or ETF
exclusively devoted to those nations.
What are you waiting for? Invest in emerging markets today