The government is preparing to rescue one of South Africa’s biggest industrial companies – (ACL). But there’s a crucial difference between saving a business and rewarding its shareholders.
Read MoreMost South Africans who have a Tax-Free Savings Account (TFSA) are doing the same thing: parking their R46,000 a year in a high growth, money market or a bland balanced fund, and moving on.
Read MoreIn just a few days, Brazil will choose between two very different political directions in their 2026 election. On 4 October, 156 million-plus eligible voters were expected to shape the country’s future. The first-round result delivered a surprise: Flávio Bolsonaro won 47.03% of valid votes, narrowly ahead of incumbent President Luiz Inácio Lula da Silva on 45.16%.
Neither won outright. Now they face each other in a runoff on 25 October.
Last week, one of South Africa’s most important financial stories of the year landed on SENS. Sanlam (JSE: SLM), through its subsidiary Sanlam Life, made a formal offer to acquire all remaining Santam (JSE: SNT) shares it doesn’t already own.
Read MoreLast week, the rand slipped past R16.60 to the dollar – its weakest level since July.
If you’ve been following South African financial news, you might be tempted to reach for the usual explanations. Political uncertainty. Load-shedding. The current account deficit. The structural weaknesses that South Africa carries like a weight around its neck.
Get the latest trading and investing recommendations straight to your inbox!
Privacy: We never share your email address You can unsubscribe at any time