ALLAN GRAY: Is the SA equity market in recovery?

The South African equity market has delivered a muted performance in recent years – as various structural challenges have weighed down sentiment and created a difficult operating environment for businesses to thrive. The formation of a government of national unity (GNU) has prompted many investors to reconsider South Africa’s prospects, and many are optimistic that things will improve if the new government can solve some key challenges.

Jithen Pillay, portfolio manager at Allan Gray, joins Kaya Biz to discuss the SA equity market, current headwinds and potential tailwinds, and highlight some of the long-term opportunities for investors who can look through the noise.