Newsletter – July 2022 – Issue 123

At last, the offshore markets have turned and are now heading in the right direction. The Rand is falling because of Eskom and Ramaphosa joining his ANC cronies in the stealing and corruption business, the total disarray of the ANC and the total collapse of the municipalities and state-owned enterprises.
The local market is down 17% year to date and seems rudderless at the moment.