Let’s see SA thrive in 2025 … As the end of 2024 approaches and we reflect on the year that was, South Africa can look forward to 2025 with increased optimism. Sentiment is everything, and there is reason to believe it will be a year of better economic prospects, accelerating the turnaround and positioning SA to thrive. Expectations are high, considering the tectonic shifts this year following the May elections and the establishment of a new government of national unity (GNU) in July. Many expected the worst, but SA surprised. Another turn-up for the books has been the turnaround at Eskom, with virtually a year of no load shedding! Long may this continue. These two aspects have been the biggest drivers of the market optimism we have seen this year – largely post-election – with the JSE hitting new record highs. There is still much to do with SA’s myriad of challenges – the biggest of which is the emerging water crisis going into the new year. One thing is clear: it will be a big year for the country as it hosts the G20 Summit for the first time. Don’t be surprised if President Cyril Ramaphosa gets US President-elect Donald Trump to attend the November summit of world leaders in Sandton. The US will host the 2026 G20 event. Sincere thanks to all of our valuable subscribers, readers, advertisers and commercial partners for your support this year. Moneyweb has exciting new initiatives for 2025 to grow our financial news, data and investment insights offering. We will be taking a short break from 23 December 2024. Our website will continue as usual, but all our newsletters, the MoneywebNOW and Moneyweb@Midday daily livestream, the SAFM Market Update, and the award-winning RSG Geldsake radio show will resume on 6 January 2025. If you need support during this time, our helpdesk will be available via email at help@moneyweb.co.za. Wishing you a joyous and safe festive break. Here’s to a great 2025! | Suren Naidoo Deputy Editor, Moneyweb |
|