SA tops latest Africa financial market index report | Citypress

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SA tops latest Africa financial index report despite falling three points

Capital markets play a critical role in a country’s economy. However, compared with the rest of the world, African countries’ financial markets continue to be fragmented and shallow, affecting their ability to access international capital and preventing them from better using domestic investments and savings.

He said that, even though South Africa ranked first out of 23 countries with an overall score of 86, the country had fallen from a score of 89 the previous year. While local investor capacity evaluates the size of the pension fund market and its potential to drive market activity, macroeconomic opportunity looks at countries’ potential for growth by looking at both macroeconomic performance and quality of governance.

The Absa Financial Market Index shows that southern African economies have higher pension assets per capita. These regional economies scored well on pension assets per capita.

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