Mohamed Ismail, Mergence Head of Fixed Income, provided some comment in the Asset Managers feature in the respected Financial Mail Investors Monthly. Given the inflation risk and the fact that markets are not discounting the possibility that short-term interest rates have room to climb, Ismail believes a bearish stance on SA bonds is bullish.

Naspers scouts for new investments
Naspers has tasked its executives to look for investment opportunities in South Africa by the end of its 2026 financial