| “It’s fair to describe it as a feel-good budget on the basis that the worst-case scenario was significantly worse than what came out. They could have said, ‘We’re giving R100bn straight away to Eskom’ and then Moody’s would have been finding reasons for a downgrade, pronto. They [Treasury] didn’t do that, because they’re cognizant of the risks.” – Chris Holdsworth, Investment Strategist, Investec.. 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.
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