Schalk Louw is a wealth manager at PSG Wealth Old Oak.
Schalk Louw gives an overview of the last decade and his take on whether the country is a good investment destination.
We recently listened to President Cyril Ramaphosa’s fifth state of the nation address (SONA), which in general
came across as cautiously optimistic. In my experience,
however, the average South African is all but optimistic and in most cases, they just do not have enough conviction to invest their
hard-earned capital in South Africa. When I ask them about it, the standard
response is: “Look around you, Schalk, we keep moving backwards every
RAMAPHOSA: Traditional leadership inextricable from SA s past, present & future The institution of traditional leadership continues to play an important role in the lives of millions of people around our country, especially in rural areas, says President Cyril Ramaphosa. FILE: Cyril Ramaphosa at the annual opening of the National House of Traditional Leaders on 4 March 2021, with chairperson Inkosi Mahlangu above him. Picture: GCIS
Dear Fellow South African,
In the last few months, we have had to bid a sad farewell to two of our country’s most respected traditional monarchs.
This week, the Zulu people will lay to rest His Majesty King Goodwill Zwelithini ka Bhekuzulu who reigned for half a century. In January, the Bapedi people buried Kgoshikgolo Thulare Thulare III, who passed away less than a year after his inauguration.
Traditional leaders don’t want to be dependent on handouts or for their communities to perpetually be looking to the government for financial assistance, President Cyril Ramaphosa said on Monday.