Rediscovering the South African equity market [with JSE]

Rediscovering the South African equity market In this discussion, our market experts Mark Randall (Director, Information Services, JSE) and Sandrine Soubeyran (Director, Global Investment Research, FTSE Russell) analyse the South African equity market. South Africa has set a rigorous agenda of reforms and opportunities, as it puts “solidarity, equality and sustainability” at the centre of its G20 Presidency in 2025. With a focus on improving the lives of South Africans and growing the economy, the coalition government of Cyril Ramaphosa has ambitious plans to harness its mineral wealth, transition to renewable energy and revamp its financial structure. Improving economic prospects should be highly supportive of financial markets, providing a strong platform for renewed investor interests. Our experts are discussing the following themes: • South Africa’s GNI per capita has increased, placing the country closer to the global average. • Financial reforms, lower rates and inflation are expected to boost consumption. • Political and economic drive to develop and modernise the infrastructure. • More focus on natural resources. • Equity sector leadership is changing. • Income and valuation in focus. • Climate and protectionist policies are risks.