Positive returns for global and local equities markets despite economic climate - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

📆 27/08/2022 10:45 a. m.
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Global and local equities markets have seen positive returns on investment, despite major volatility as investors navigate higher inflation and interest rate policy environment this year.

Locally, analysts report that company earnings have surprised on the upside in what’s been termed a difficult economic climate.

Inflation has also hit the middle class, as it erodes the value of everyone’s money. But one sector of the economy which has been doing well is the markets with higher earnings recorded in recent times. Coal player, Thungela Resources, which only unbundled out of Anglo American last year recently declared that it would give shareholders a massive half-year dividend income of R60 a share.

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