The dollar had given up some ground yesterday following China’s announcement of a potential change in its US Treasury buying strategy, but quickly recovered, and the stronger USD and the continued Zuma saga continue to weigh on the rand.
We are often asked about trusts, what their purpose is and how they function. A trust is essentially a contract between the Founder and the Trustees who undertake to manage the trust assets for the benefit of the beneficiaries.
Instruments & Investments
"We have a positive outlook for African Private Equity next year. With a mountain of cash in the system, we expect deal flow to be significantly enhanced in 2018..."