Poor Municipal Governance Comes at a High Cost for South Africans

Poor Municipal Governance Comes at a High Cost for South Africans The Auditor-General’s latest consolidated audit report on South Africa’s municipalities should not be viewed merely as an administrative report. It is an economic warning that highlights the direct link between poor local governance, sluggish economic growth and the financial pressure facing households and businesses. […]

Youth Day: The Lesson Every Young Person Should Learn

Youth Day: The Lesson Every Young Person Should Learn Financial literacy is one of the most important basic life skills, yet many school leavers enter the workforce without the knowledge required to manage their finances effectively. According to Thys van Zyl, Chief Executive Officer of Everest Advisory Services (Pty) Ltd (FSP 49495, CAT I), Youth […]

GDP Data, Fitch Upgrade: Growth Remains Biggest Challenge

GDP Data, Fitch Upgrade: Growth Remains Biggest Challenge The latest GDP data and credit rating upgrade from Fitch Ratings provide welcome confirmation that the economy is gradually moving in the right direction. However, economic growth remains the biggest obstacle to job creation and stronger investor confidence. South Africa’s gross domestic product (GDP) grew 0.5% quarter-on-quarter […]

Interest Rate Hike Places Further Pressure on Households

Interest Rate Hike Places Further Pressure on Households The South African Reserve Bank’s decision to hike interest rates highlights the growing inflation risks currently building both globally and locally, with South African households now facing even greater financial pressure. Reserve Bank governor Lesetja Kganyago announced on Thursday afternoon that the interest rate has been increased […]

Workers’ Day Interview with Thys van Zyl on eNCA

WORKERS’ DAY INTERVIEW WITH THYS VAN ZYL ON eNCA Is Workers’ Day still a celebration, or a stark reminder of lost economic opportunity? Thys van Zyl recently joined eNCA to discuss the health of South Africa’s economy. With general unemployment over 40% and youth unemployment exceeding 50%, he highlighted that a system in decline cannot […]

Everest to launch R20 billion capital markets programme as demand for private credit investments accelerates in South Africa

Everest to Launch R20 Billion Capital Markets Programme as Demand for Private Credit Investments Accelerates in South Africa Everest has announced the establishment of a R20 billion Domestic Medium-Term Note (DMTN) Programme listed on the Cape Town Stock Exchange (CTSE), positioning the firm as an emerging participant in South Africa’s expanding private and structured credit […]

SA se Grootste Risiko Nie Inflasie Nie, Maar Stadige Uitvo

SA se grootste risiko nie inflasie nie, maar stadige uitvoering Die Reserwebank sal na verwagting die rentekoers onveranderd hou wanneer sy monetêrebeleidskomitee later die week vergader. Die konflik in die Midde-Ooste het die onsekerheid rondom die inflasietrajek laat toeneem. Thys van Zyl, uitvoerende hoof van Everest Advisory Services, meen die land se grootste ekonomiese risiko […]

SA’s Biggest Risk is Not Inflation, But Slow Implementation

SA’s biggest risk is not inflation, but slow implementation The South African Reserve Bank is expected to keep interest rates unchanged when its Monetary Policy Committee meets later this week. The conflict in the Middle East has increased uncertainty around the inflation trajectory. According to Thys van Zyl, CEO of Everest Advisory Services, the country’s […]

Middle East Crisis Poses Growing Economic Risk for South Africa

Middle East Crisis Poses Growing Economic Risk for South Africa The escalating conflict in the Middle East is not only a geopolitical crisis – it is a direct economic risk for South African households.  According to Thys van Zyl, CEO of Everest Advisory Services, the impact of international conflict is already filtering through to local […]

When Oil, War and Markets Collide – What It Means for Investors

When Oil, War and Markets Collide – What It Means for Investors The past week has once again demonstrated how quickly geopolitical tensions can ripple through global financial markets. This is according to Thys van Zyl, CEO of Everest Advisory Services. Rising military tensions in the Middle East have immediately pushed energy prices higher and […]