Nitrogen Fund Managers director says there is an element of continuity from the policy perspective
President Cyril Ramaphosa announced ten ministerial appointments and eleven deputy ministers on Thursday, August 5. Picture: Supplied / GCIS
“From the investor point of view, it’s always concerning when we have changes in the finance portfolio given SA’s recent history. But in this case, there is an element of continuity from the policy perspective. It seems that SA will continue on the path of fiscal sustainability,” said Rowan Williams, director at Nitrogen Fund Managers.
The total cost of damage runs into R20bn, according to the preliminary estimates and had dented SA’s image to potential investors.
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