The investment case is therefore less about selling rockets and more about using cheaper access to space to create multiple future revenue streams across communications, defence and AI infrastructure. Every so often a private company grows so large, so quietly, that its eventual arrival on public markets forces the rest of us to recalibrate our […]
Inflation remains one of the most closely watched indicators in financial markets. It influences everything from interest rate expectations and bond yields to equity valuations and household purchasing power. Yet, despite its importance, inflation is often reduced to a single number – the annual change in the Headline Consumer Price Index (CPI). While this number […]
Artificial Intelligence (AI) is currently driving a transformative technology revolution, spearheaded by the world’s most influential technology companies, notably the Magnificent 7 (Apple, Microsoft, Alphabet, Amazon, Meta, Nvidia, and Tesla) along with critical semiconductor players like AMD and Broadcom. For investors, the pace of innovation can feel overwhelming, yet the current market dynamic offers a […]
As of 30 September 2025, South Africa’s Johannesburg Stock Exchange (JSE) has delivered one of the world’s best equity performances. The FTSE/JSE All Share Index (ALSI) has increased by 28% year-to-date. This growth figure is one of the best for the JSE in nearly two decades and has seen the local bourse outperform indices like […]
“The best business is a royalty on the growth of others, requiring little capital itself.” ~Warren Buffett Judging by the amount of press coverage they have received, one could easily be forgiven for thinking that the investment universe of global stocks is made up of the so called “Magnificent 7”, a group of United States […]
Over the last 30 years, the Chinese economy has experience phenomenal growth, becoming the world’s manufacturing powerhouse, and lifting itself into the position of the world’s second largest economy. However, in recent years, it has started to stutter, and Chinese authorities are struggling to make the necessary structural changes to keep it on a sustainable […]
In the year of the dragon, which, in terms of the Chinese zodiac cycle, symbolises strength, good fortune and power, the 2024 economic growth and inflation targets announced by China’s National People’s Congress early in March this year seem ambitious and unrealistic. This is if Beijing does not announce further stimulus – targeted at the […]
Global and domestic investors have justifiably started to question South Africa’s merit as a viable investment destination. If the financial-market mantra, “capital follows growth” holds true, then capital will continue to leave South African shores in search of better returns. According to Bloomberg, South Africa’s foreign portfolio outflows across equities and bonds reached a staggering […]
Current state of the PGM Platinum group metals (PGMs) refer to six rare-earth metals—platinum, palladium, rhodium, iridium, ruthenium, and osmium. Among these, platinum and palladium are the most significant in industrial applications, often referred to as the “2E metals.” These metals are highly valued for their distinct chemical properties, making them indispensable across various industries, […]
Arguably, one of the most important events of 2024, which received relatively little media coverage, was the release of Mario Draghi’s report, titled The Future of European Competitiveness, which was commissioned by Ursula von der Leyen, the President of the European Commission and presented in September last year. In the report, Draghi warns that Europe […]