The story of SA in two depressing charts

Mac
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The story of SA in two depressing charts

9 years 7 months ago

1. SA companies cannot invest outside the country fast enough.
2. The JSE all share index, measured in U.S. dollars, has remained unchanged since 2007.

In 18 months SA companies have invested R140bn. In 2012 it was zero.

Since 2009 virtually all gains on the JSE are attributable to Rand weakness.

www.moneyweb.co.za/moneyweb-opinion/the-...o-depressing-charts/

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Mac
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Re: The story of SA in two depressing charts

9 years 7 months ago

#580362

Mac wrote: 1. SA companies cannot invest outside the country fast enough.
2. The JSE all share index, measured in U.S. dollars, has remained unchanged since 2007.

In 15 months SA companies have invested R140bn. In 2012 it was zero.

Since 2009 virtually all gains on the JSE are attributable to Rand weakness.

www.moneyweb.co.za/moneyweb-opinion/the-...o-depressing-charts/

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les
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Re: The story of SA in two depressing charts

9 years 7 months ago

#580647

@Mac.The ruling party doesn't think it's as bad as it sounds.They think S.A. Is just fine as long as they're lining their pockets.without foreign investment we're in deep kak.

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CnC 306
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Re: The story of SA in two depressing charts

9 years 7 months ago - 9 years 7 months ago

#580901

SA will have a mini economic boost come the England cricket team tour as with the exchange rate at around 21/1 they are going to drink the pubs dry and eat at restaurants everyday. Over 30 thousand fans will be travelling to SA during the tour

Last edit: 9 years 7 months ago by CnC 306.

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