Tag: Adrian Saville

Imagine beginning with a bold mission in 2012: to achieve financial inclusion through a multi-country bank. Within a decade, that vision became one of the fastest-growing fintechs in the world. The remarkable journey of It’s About Tyme captures this evolution.

A sharp fall in the rate of consumer price inflation has defanged what was initially paraded as 'aggressive' monetary policy action intended to stimulate the floundering economy. Given a muted inflation outlook, and the depressed economic setting, the question is not if the South Africa’s Reserve Bank’s Monetary Policy Committee (MPC) will cut interest rates this week, but rather by how much?

Moody’s finally dropped the sword on South Africa on Friday evening, following in the steps of fellow ratings agencies S&P and Fitch in downgrading the country’s sovereign credit rating to sub-investment grade or 'junk status'. And the COVID-19 crisis and current lockdown mean that even before factoring in the impact of Moody’s decision, the economic outlook for SA in 2020 is harrowing.

Markets are walking on eggshells as the outbreak of coronavirus disease (COVID-19), first reported from Wuhan, China in late December 2019, is wreaking economic havoc. Data from the world’s second largest economy shows a plunge in business activity in the last month, including massive declines in passenger traffic, electricity generation, shipping volumes and real estate transactions.

History is one of investors’ greatest teachers, offering rich lessons and valuable guiding principles. But this aspect of investing is very much a level playing field – the past is 'open access'. The distinction of the skilled investor lies in the discipline of applying the lessons and principles from history to the future.