The Newsroom

The theme laid out this year by our Finance Minister Mr Enoch Godongwana in the 2022 National Budget Speech was centred around supplementing the economic rehabilitation of South Africans and building for the future.

Johannesburg, 24 February 2022, South Africans may have the potential to increase the returns on their retirement savings when the “Two-pot” retirement legislation is passed.

This week saw the U.S Dollar hit a 20-year high in value against a basket of several other currencies. This marks the best monthly performance since 2015.

This week sees the third consecutive week of Dollar strength caused by FED policy, increased yields and geopolitical uncertainties.

This week saw the release of key economic data from the United States and the theme of record-high inflation continues to fuel a surge in Gold prices as well as the Dollar index.

As geopolitical uncertainties continue in Europe and a fresh round of lockdowns caused by a new strain of Covid hit China, the dollar rallies as investors move their capital to the safe-haven currency.

With just over a month having elapsed since Russia’s invasion of Ukraine, global markets are increasingly seeing the impact reflected in rising energy costs and official inflation numbers.

This week has been a week where investors had plenty on the geopolitical front to consider, as EU leaders meet to discuss a potential embargo on Russian Oil as well as the summit held in Brussels by NATO members.

Investors regain their risk appetite amid optimism over a potential diplomatic solution to the war in Ukraine.

As we enter the third week of the Russia-Ukraine conflict, investors continue to assess a surge in commodity prices and high inflation.

With just over a week having elapsed in Europe’s latest conflict, the global economic outlook has worsened and optimism in the much anticipated global economic recovery is fleeting as the long-awaited exit from the economic implications of the pandemic seems to be pushed further and further down the path by this latest geopolitical spanner thrown in the works.

Shockwaves are being felt in every asset class across the world’s financial markets as Russia invades Ukraine and sparks Europe’s largest military conflict since World War II but how is it affecting your portfolio?

Two months into a new year filled with potential, and everyone is still looking at ways to save and recover financially from the past two years that we have all had.