Horizon Capital

FILTER NEWS:V

The Future has Arrived in South Africa

Over the last two years, we have all been waiting with bated breath for 2010. It has been promoted as the year 3 billion people around the globe watch the FIFA World Cup here and hopefully 500,000 of them come out to see the spectacle. The huge infrastructure spend on our new stadia, transport network and the Gautrain are amazingly on track; 2 million world cup tickets have been sold; and to quote Investec’s economist: “we’re on the road to growth again.”

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The Smart Money is Buying Commercial Property

During the year ahead, as interest rates continue to drop, interest earning investments will become less attractive, especially when one looks at their after tax return. It is very difficult to call the bottom of the current stock exchange bear market as bad news seems certain to continue to be announced for at least the balance of 2009. Investment in the stock market is currently very uncertain given the huge daily fluctuations in prices.

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Horizon Capital