Market and economic wrap: Turning the corner? A deep dive into SONA 2026

In this episode, Trevor Garvin, Head of Multi-Manager at Nedgroup Investments, breaks down President Cyril Ramaphosa’s 2026 State of the Nation Address. He highlights the key themes shaping South Africa’s political and economic landscape, including the country’s cautiously improving economy, the Government of National Unity’s three strategic priorities, the urgent crackdown on organised crime, the newly declared national water crisis, and the push for stronger local government and infrastructure reform.

A clear takeaway: while stability is returning in some areas, most notably energy, the year ahead will be defined by delivery, accountability, and visible progress on the ground.