Operation Vulindlela

Greenshoots for the South African Economy But More to be Done

Greenshoots for the South African Economy: But More to be Done

Greenshoots for the South African Economy: But More to be Done 800 800 Frontline Africa Advisory

South Africa received some welcome news after the credit ratings agency S&P decided to upgrade both SA’s foreign currency long-term sovereign credit rating to ‘BB’ from ‘BB- ‘and local currency long-term sovereign credit rating to ‘BB+’ from ‘BB’. Its outlook remains positive. Another agency, Fitch affirmed South Africa’s sovereign rating at BB- with a stable…

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Is South Africa still an attractive investment destination?

Is South Africa still an attractive investment destination?

Is South Africa still an attractive investment destination? 800 800 Frontline Africa Advisory

Recently a number of multinational corporations, such as ArcelorMittal South Africa, Glencore, Rio Tinto, and Goodyear have announced either exits or large-scale downsizing of their South African operations. While the reasons cited range from global restructuring to sector-specific challenges, common themes emerge: declining profitability in the local market, energy insecurity, infrastructure backlogs, and regulatory uncertainty.…

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