Southern comfort

The South African investment market has been characterised by the development of strong economic trends throughout 2003, driven by events both domestically and globally. These trends, coupled with legislative and financial services industry developments have resulted in many opportunities and challenges for investors and intermediaries. Investors have seen investment opportunities increase in the South African market following the rise of the rand. After the dramatic collapse of the rand to R13.85 against the dollar in December 2001, the rand has not only shown a remarkable recovery b...