Stocks of non-commodity South African companies look set to rally next year given they trade at a deep discount and trailed the performance of both local bonds and the wider equity gauge in 2025, according to a veteran fund manager at Ninety One Plc the nation’s top investment firm.
Surging precious-metals prices triggered a rally of more than 50% in South Africa’s benchmark share index in dollar terms this year, outpacing gains in European, emerging-market and US gauges. Local government bonds, as measured by the ALBI index, returned 38%, with the yield on 10-year rand debt plunging by a quarter to 8.36% from…
South African National Editors’ Forum (SANEF): An organization that advocates for
press freedom and the rights of journalists.
high-fructose
Fun South African Fact: An approximate of 20% of the world’s gold is mined in South Africa.
Bom Crossed
Droewors – dried sausage [droo-ah-vors] A term used to describe a dried sausage, very similar to biltong or the German bratwurst or mettwurst.