One of my friend which is into stocks analysis and economics told me that Africa and SA in special will be the next big thing in economic terms. It might not happen tomorrow, but I think there is tremendous value there compared to other economics. Do you invest also in stocks in SA?
No I do not believe this. The JSE which is the local stocks platform is losing listings and has shrunk by more than half in the last few years. There is very few who have confidence in the economy here. Who knows e may be right, but this is very high risk.
Thanks as it is good to have another perspective on this. And not only that, but from someone who is living it.