Francois Botha

Europe:
Europe is showing signs of recovery with improving economic indicators, moderate inflation, and growth starting to pick up. The fiscal stimulus will also help the economy to grow. The outlook remains positive.

China:
We’re still bullish on China, with long-term growth driven by innovation, technology and domestic consumption. Despite challenges, government policies are supporting key sectors like AI and green tech.

South Africa:
South Africa offers significant potential. Valuations remain attractive, in both equity and bond markets, making it an appealing investment despite ongoing political challenges. 

US:
While the US economy is steady, uncertainty around Trump’s policies and their potential impact on consumer confidence and spending creates some risks. Policy uncertainty may affect short-term consumer sentiment and economic stability.