As South Africa’s economy prepares to exit level 5 of Covid-19 lock-down’s at midnight, the country’s bonds are also counting down to their exclusion from the World Government Bond Index (WBGI). Economist had forecast an exodus of between $8 to $11 billion in capital outflows that would follow South Africa’s exit from the WBGI. This would be outflows from foreign investors whose mandates do not allow them to hold junk rated bonds in their portfolio. Do these forecasts still stand or has Covid-19 changed things? Rashaad Tayob, Fund Manager, Abax investments and James McDonald, CEO & CIO of Hercules Investments join CNBC Africa for more….
By Kennedy Mubita, Africa Head, SC Ventures. Imagine a bank whose customers can tap on a wearable device to...
By Kariuki Ngari, CEO & Managing Director, Standard Chartered, Kenya & East Africa COVID-19 has upended the social and...
Acknowledged as the world’s largest Africa-focused digital infrastructure and emerging tech event, the Africa Tech Festival has always attracted a stellar line-up of critical thinkers, analysts, futurists, keynote and inspirational speakers. 2020 will more than deliver on that reputation, with a stimulating array of visionary industry presenters, raconteurs and even some sporting greats.
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