In Africa, a lack of sustainable infrastructure concerning cold chain logistics poses a serious threat to food security, the economy and the environment. Old Mutual African Infrastructure Investment Managers (AIIM) and its investment partners have established a cold chain logistics platform, which aims to improve Sub-Saharan Africa’s food security.

Research suggests that people who adopt an optimistic mindset are significantly more likely to experience better financial health and engage in healthier financial habits than people who have a pessimistic outlook.

Evidence overwhelmingly shows that, more often than not, those who invest and forget about their investments until they need them will achieve better investment outcomes than those who actively try to time the markets

In 2023, the energy crisis and rising interest rates will drag global GDP growth down to just +1.5%, as slow as it was in 2008. It’s the latest forecasts provided by Allianz Trade, which operates through the Allianz Global Corporate & Specialty license in South Africa.

Momentum Investments have released their report based on ‘SARB keeps its foot firmly on the pedal and hikes rates by 75bps’ prepared by the Momentum Macro Research Team.

The Monetary Policy Committee (MPC) delivered a 75 basis point (bp) repo rate hike, as expected by the analyst consensus. This takes the repo rate to 6.25% and the prime lending rate to 9.75%.