The rand is now the world’s most undervalued currency – here’s where it should be

The Economist’s Big Mac index shows that – theoretically – the rand should be trading at R5.43/dollar. The currency is now undervalued by 67.4%, compared to Brazil (-32%), Argentina (-39%) and India (-56%). Of late, the rand has been a bit stronger after SA recorded its first current account surplus in 17 years. The Economist’s Big Mac Index has been updated, and shows that the rand is now a whopping 67%…

Taking Stock Autumn: doing Battle with COVID-19. What to do while the crisis rages?

The COVID-19 pandemic has unleashed widespread panic and fear among investors, with many bailing out of the stock market and moving to cash. It’s human nature to want to act when our world gets shaken up, even more so when the future seems very uncertain. That is why it’s important to have an investment strategy that covers your investment bases so that you will avoid knee-jerk reactions when markets tank.…