While real estate investment trusts (REITs) are relative newcomers to the South African market, with the regime governing the investment vehicle first codified in 2013, they have outperformed other classes of assets in recent months.
While real estate investment trusts (REITs) are relative newcomers to the South African market, with the regime governing the investment vehicle first codified in 2013, they have outperformed other classes of assets in recent months.
Bucking the trend of the country’s subdued economy, South Africa’s banks have again posted solid earnings, as they continue to strengthen their position through improved risk management practices and robust capital adequacy levels.
While power shortages remain one of a number of challenges South African manufacturers are facing in 2015, there is a silver lining: solid demand and efforts to trim costs and boost operational efficiencies are expected to shore up earnings in certain segments.
An increasing appetite for domestic content and a rising appreciation by foreign filmmakers of South Africa as a filming location should sustain growth in the country’s entertainment industry, with the sector’s expansion set to outpace that of the broader economy in the years ahead.
South Africa’s retail sector has seen mixed fortunes in recent months with a slowdown in vehicle sales but more encouraging news in luxury goods.
Improved competitiveness and significant government support have strengthened South Africa’s claim to be the leading sub-Saharan tourism destination, though new visa regulations and fallout from anti-immigrant protests could affect its appeal in the short term.
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