Is it Still Worth Investing in South Africa?

I am sure that the recent changes in the South African cabinet, the 0.25% US interest rate hike, and the news that Fitch Ratings has cut our current outlook and economy to “junk” status has put considerable strain on your end-of-year holiday mind set.

Based on this rating, it will cost the South African reserve bank more than before to borrow from the World Bank. Furthermore, this rating has inspired doubt and a lack of confidence amongst foreign investors, which negatively impacts the markets due to outflows of money to these investors’ respective countries.

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