Find latest Franklin Templeton Investments jobs in South Africa July, 2020.
Though some investors are concerned about rising debt-to-GDP levels and a currency that may look too strong, we think the overall macroeconomic backdrop remains positive.Kenya has a relatively benign regulatory framework, but in the past few years we have seen increasing regulation across sectors from banking to the alcohol industry. • Your User ID will be activated as per the details provided in the Registration Details. While these remain positive developments, the deterioration in the economy and state institutions still require serious attention going forward – and won’t change overnight.Earlier this year, we had highlighted several reforms we thought were needed to indicate progress, but we have not seen much movement due to the ongoing infighting within the ruling party and the resistance from public-sector unions to allow some hard decisions to be made at state-owned entities. The current government is in its second term, and has not really committed on infrastructure, subsidy removals and growth initiatives.
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The country also has had a stable currency and has offered a respectable stock market return against the MSCI Frontier Markets Index over the same time period. As emerging market investors, understanding cycles and developments in the region of Africa in relation to other earlier stage frontier and emerging markets provides context to the investment opportunities we’re presented with.We’re cognisant that a combination of the pace of government reforms, regulatory framework and political landscape affects countries such as Nigeria, Kenya and South Africa in very different ways, as they are at different stages of the economic cycle.Nigeria is the largest economy in Africa based on nominal gross domestic product (GDP) and also boasts the largest population on the continent, with 206 million inhabitants. Clicking "OK" below will take you to an independent site. They have used this period to strengthen their deposit franchises, as well as focus on alternative funding channels by partnering with mobile telecommunication companies to drive a larger customer base.That said, an unintended consequence also reduced credit to the private sector. ... Middle East and Africa (CEEMEA). Enter your User ID and Password to sign in to your Franklin Templeton account. South Africa: Neil Brown: Franklin Templeton. Fiduciary Trust International. Cape Town Kildare House, The Oval, 1 Oakdale Road Newlands, Cape Town, 7700 South Africa South Africa. In our view, businesses that have adapted to regulations have created some appealing investment opportunities, including some select companies in the aforementioned industries.Due to rate-cap regulations set at 4% since 2016, some banks have experienced slow credit growth for the past four years. OUR OTHER SITES.
It appears that government execution will likely remain poor, thereby leading to a potentially weaker economic environment.Considering these broader political risks and weak business and consumer confidence, we think opportunities in South Africa remain slim. ... South Africa. GDP contracted in 2016 at -1.6%, but we’ve seen signs of a muted pickup in GDP growth over 2017 and 2018, at 0.8% and 1.9% respectively.Amid the slow execution of some government policies, the economy and currency have managed to stabilise, while weak economic growth is starting to show some mild improvement. ... MIDDLE EAST & AFRICA. You will be