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20 Sep 2018 YOLANDA NAUDÉ ON HOW RAMAPHOSA CAN TURN THE ECONOMY AROUND +

Disappointing economic growth figures and a weakening rand have given South Africans a sharp reality check from ‘Ramaphoria’. Citadel Head of Fund Research and Portfolio Manager Yolanda Naudé provides a critical analysis of SA’s deep-seated structural economic weaknesses, with a view of the road ahead until the 2019 elections.

BUSINESS TECH

IOL

THE CITIZEN

SAFRICA24

12 Sep 2018 SEVEN FINANCIAL MUST-HAVES FOR WOMEN IN RETIREMENT +

Recent Statistics SA figures show that, on average, women outlive men by nearly a decade or 9.3 years. And this means it is vital for women to take an active role in managing their finances rather than relying on a spouse or partner, because they will need the skills at some point. Citadel Advisory Partner Kerry King provides a simple checklist with seven must-haves for women to ensure a comfortable retirement.

IOL

DAILY NEWS

11 Sep 2018 DROUGHT BLAMED FOR AGRICULTURE CRASH +

SA’s agriculture output has shrank by 29.2% in the second quarter of 2018 after a 24.2% contraction in the first quarter. Analysts have confirmed that weather is largely behind the dismal performance in the sector, in particular the drought. Citadel Chief Economist and Advisory Partner Maarten Ackerman says that agriculture is coming off a high base in 2017 and with time the industry will start to contribute positively again.

BUSINESS DAY

BUSINESS DAY LIVE

FASTMOVING

10 Sep 2018 PETROL PRICE INCREASE TO ADD TO RECESSION SHOCK +

The news that the local economy is officially in a recession has caused a depreciation in the rand against all major currencies. The weakening rand could push the price of fuel to above R17 a litre. Citadel Chief Economist and Advisory Partner Maarten Ackerman provides a projection into the medium-term budget policy statement and what can be expected in government’s fiscal plans to remain within budget and keep ratings agencies happy.

CITY PRESS

07 Sep 2018 SA FACES MOODY’S DOWNGRADE +

Moody’s Investor Service halved its 2018 growth forecast for SA and said economic contraction in the first six months of the year was a ‘credit negative’. Citadel Chief Economist and Advisory Partner Maarten Ackerman confirms that the recession has ‘heightened the country’s risk of suffering yet another credit downgrade in the second half of the year’.

BUSINESS DAY

PRETORIA NEWS BUSINESS REPORT

CAPE TIMES BUSINESS REPORT

THE MERCURY BUSINESS REPORT

THE STAR BUSINESS REPORT

IOL

05 Sep 2018 GEORGE HERMAN COMMENTARY ON Q2 GDP FIGURES +

Poor second quarter GDP figures released this week revealed that SA has entered a technical recession following two consecutive quarters of negative economic growth. Citadel Director and Chief Investment Officer George Herman discusses the possibility of a credit rating downgrade, and the challenges that lie ahead for President Ramaphosa.

30 Aug 2018 OVER OR UNDER? AN EXAMINATION OF US EQUITY VALUATION LEVELS +

Citadel Portfolio Manager Victor von Reiche provides an examination of US equity valuation levels, with an in-depth look at risk factors contributing to volatility.

INSURANCE GATEWAY

COVER

SA FINANCIAL MARKETS JOURNAL

29 Aug 2018 AFRICA TO RECEIVE £4 BILLION IN INVESTMENT FROM THE UK +

The UK has pledged £4 billion (R73 billion) in investment for African countries, and SA has set its sights on being the biggest beneficiary of the investment. Citadel Chief Economist and Advisory Partner Maarten Ackerman states that the UK pulling out of the EU has created a necessity for them to now renegotiate their own agreements with prospective countries.

PRETORIA NEWS BUSINESS REPORT

CAPE TIMES BUSINESS REPORT

THE MERCURY BUSINESS REPORT

THE STAR BUSINESS REPORT