11 months ago

thyssenkrupp Newsletter Project 22JAN2018

Index 1. 2. 3. 4. 5. Top

Index 1. 2. 3. 4. 5. Top predictions and elections Regional development: Sub-Sahara Africa Upcoming events Africa house: Planned visits Sectors: - Oil and gas - Power and energy - Mining - Agriculture - Chemicals

TOP PREDICTIONS AND ELECTIONS Ÿ South Africa: Coca-Cola Co.’s South African units and oil and gas company Sasol Ltd. aren’t awarding new business to McKinsey & Co. pending the outcome of corruption probes into the U.S. consultancy’s work involving the politically connected Gupta family. Ÿ Nigeria: Aliko Dangote has retained his number one spot as Africa’s richest person for the seventh consecutive time. This was revealed in the recent Forbes 2018 list of Africa’s richest. Ÿ South Africa: Policy uncertainty hammering SA, says World Bank Ÿ South Africa: Ramaphosa: South Africa is open for investment - ANC president Cyril Ramaphosa says South Africa is open for investment and that, among its other economic goals, the ANC will preoccupy itself with ensuring policy stability to attract more financing. 2:ramaphosa-south-africa-is-open-for-investment&Itemid=546 Ÿ Emerging markets beat developed, with SA showing good returns: Emerging market equities were the place to be in 2017. The MSCI Emerging Markets US dollar index returned a massive 37.75% for the year with income distributions reinvested, thereby outperforming developed market equities as measured by the MSCI World Index’s return of 23.07% in dollar terms.

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