Market update

23 Aug 2023

BRICS!!! What does it mean for us?

Our exchange rate jumps up and down. Our stock exchange is volatile. Some of us prepare to leave the country when…..

Brics is here and what happened? Chins offered us load shed solutions. The members in the summit plead for peace and prosperity.

Our interest rate stayed high though. Our investments keep on growing. Irrespective the negative sentiment do we have less loadshedding and business are chasing profits in their own businesses.

The high interest rates means that our bonds rates stay high as well.

We saw a dip in our figures on statement day but since then the figures picked up all ready. Although a very shot term we already saw growth over the three month period.

Please do not make hasty decisions. Our investments grow, irrespective the volatile markets.
Blessings and prosperity for you till Christmas. May we be astounded….. 


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