Despite turbulent markets, we have outperformed our peers.
As a direct result of the COVID-19 outbreak and subsequent lockdown measures, SA is expected to record its worst economic performance in recent history. As a result of this, government introduced a three-phase economic response to the virus outbreak that has necessitated the release of a Supplementary Budget Review. This emergency budget deals mainly with the second phase of the government’s economic response that saw the introduction of a R500 billion fiscal stimulus package to support both the household and the business sector.
Click here for the FVV Capital Newsletter – July 2020 (PDF for print/web)
