I cannot recall a State of the Nation address that grasped my attention so much as President Ramaphosa’s maiden SONA address on 16 February 2018. Without underestimating the challenges lying ahead of us in any way, I felt exhilarated, eager to get to work and to play my part to make South Africa a better place for all who live in it.
 

The political landscape in South Africa is changing by the day. As I write this, the State of the Nation Address has been postponed for the first time in our young democracy, the ANC National Executive Council has set up, and then subsequently cancelled an emergency meeting, rumours abound that Zuma is on the verge of resigning and uncertainty is the order of the day. The stock market, South African bonds and the currency have been volatile and everyone appears to be waiting for what is coming next.

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Article by Coronation

By Peter Leger
"WE ARE GOING to die, and that makes us the lucky ones. Most people are never going to die because they are never going to be born. The potential people who could have been here in my place but who will in fact never see the light of day outnumber the sandgrains of Arabia."

​By Karl Leinberge

STEINHOFF, THE GLOBAL discount retailer with more than 11000 stores in over 30 countries, suffered a spectacular share price collapse during December 2017. The company was one of the largest listed on the JSE. Our equity and multi-asset class funds were invested in Steinhoff equity to varying degrees, depending on the mandate of the fund.