October 2020

By Nedgroup Investments

International Overview

European countries impose stricter lockdowns – IMF update their global growth projections – Markets extended selloff into October – The world awaits the outcome of the US elections

Domestic Overview

President Ramaphosa delivers the ratified Economic Reconstruction and Recovery Plan  – The MTBPS receives a lukewarm response from markets – The property sector took another leg down  – ALSI trades down in line with global markets

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