| There was some panic in the markets as Finance Minister, Tito Mboweni delivered the Budget speech in Parliament. The rand weakened to R14.37 to the dollar and asset classes in South Africa went on a downward spiral as the news of a R69bn bailout for Eskom, and a blown debt ceiling, were announced, but there was a complete turnaround that saw the rand strengthen. – Tertia Jacobs, Treasury expert, Investec. Find out more https://invest.ec/2tF7H3P |
Investec is a distinctive Specialist Bank and Asset Manager.
We provide a diverse range of financial products and services to a niche client base in three principal markets, the United Kingdom, South Africa and Australia, as well as certain other geographies.
Investec’s strategic goals are motivated by the desire to develop an efficient and integrated business on an international scale through the active pursuit of clearly established core competencies in the group’s principal business areas.
Tags:
