Category

Economy
South Africa ranks 90th out of 162 countries and territories included in the Economic Freedom of the World: 2020 Annual Report, released today by the Free Market Foundation in conjunction with Canada’s Fraser Institute. Last year, South Africa ranked 101st. The improved ranking this year results from a small positive movement in the SA rating, and the fact...
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By JP Landman In a time of intense contestation on the correct economic policy for South Africa, economists from the left, right and centre all agree on one thing: productivity matters. As left of centre and self-proclaimed progressive Paul Krugman put it: ‘Productivity is not everything, but in the long run it is almost everything.’...
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Johannesburg, 22 April 2020: As the country continues to battle the impact of Covid-19, the Johannesburg Stock Exchange (JSE) applauds President Ramaphosa’s fiscal stimulus to the economy. The JSE believes that the well timed announcement balances South Africa’s fiscal challenges with the need for stimulation and growth in the economy. The government’s R500 billion stimulus package,...
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By Ruan Jooste of Business Maverick  While no one can predict the outcome of what will transpire in the year to come, the best thing investors can do is to remain disciplined, focused on valuations and identify opportunities in unloved, well-priced asset classes. In this context, volatility in market prices should be welcomed. It’s tough...
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With so much two way air traffic, the mystery of “overseas” has dissipated. But as I have found in regular visits back to South Africa, the relative cost of living between countries is still a lively topic. My take: a basket of groceries in the UK is now pretty close to what you’ll pay in...
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By Alec Hogg I love the way trade & industry minister Rob Davies articulated the difference between Davos in 2017 and 2018. Last year, he says, foreigners sought him out simply to air grievances. Meetings with multinationals were full of negative energy. Davies’s guests mostly wanted someone to hear about their unhappiness. This year in...
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GOOD NEWS! SA TOP EMERGING MARKET 2018 Being in Davos makes it impossible to ignore the seismic shifts in our warp speed world. Over breakfast I heard how the blockchain will transform everything from payment systems to how we trade assets. At dusk I was absorbing gifted author/professor Yuval Noah Harari’s perspectives on how to...
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South Africa ranked one of Africa’s top entrepreneurial nations  March 2017: South Africa has been named one of sub-Saharan Africa’s entrepreneurial frontrunners, after a global report placed the country in second place, after African counterpart Botswana. According to the Entrepreneurial Ecosystem of South Africa: A Strategy for Global Leadership Report, researched and produced by the...
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MOODY’S DECISION TO MAINTAIN SOVEREIGN RATING IMPROVES SOUTH AFRICA’S PROSPECTS OF KEEPING ITS INVESTMENT GRADE Cape Town, 26 November 2016: The decision by Moody’s on Friday, 25 November 2016, to leave South Africa’s sovereign credit rating unchanged at two notches above junk status is another welcome reprieve, providing an extended window to rebuild confidence in...
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By The South African A stagnate job market and an expected growth of less than 2% does not seem extremely glamorous upon first glance to potential investors. Yet, South Africa may prove to be the pinnacle of hope if we are to have any confidence at all. The startup climate in both Johannesburg and Cape...
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Steuart as a speaker

steuart-pennington-sa-good-news-south-africa-blogs-stories

Steuart has done some 500 talks on South Africa’s progress since 1994 and SA’s prospects for the future

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