Fiscal consolidation at home, geopolitical risks Abroad

South Africa Budget 2026/27: Fiscal Discipline Remains The Priority. In the last week of February, Finance Minister Enoch Godongwana presented South Africa’s 2026/27 Budget with a clear emphasis on fiscal discipline and debt stabilisation, signalling a continued commitment to consolidating the country’s public finances.

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In the News

Markets Rise Through the Uncertainty

The oil market is currently sending mixed, and increasingly important, signals. The effective shutdown of traffic through the Strait of Hormuz points to a meaningful near-term supply disruption. This is clearly reflected in spot prices, which are pricing in acute scarcity.

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Diversification – Friend or Foe?

Einstein famously referred to the principle of compound interest as the “8th wonder of the world”. However, the power of compound growth can be severely disrupted when markets experience sudden shocks.

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