South Africa has to come together and rebuild in 2022 – 10X Investments founder Steven Nathan

BizNews regular contributor and passive management pioneer, Steven Nathan, reflects on a restful festive period and looks ahead to what lies ahead for the financial markets in 2022. South Africa has grossly underperformed the returns experienced by global markets over the past decade. This underperformance has been driven primarily by an incompetent ruling party, with fraud, corruption and aimless economic policy have been constant headwinds for the private sector. Steven believes a more supportive economic policy could lead to growing key economic indicators such as GDP by more than 5% per annum for the next decade. To wrap up the conversation, Steven discusses Bob van Dijk’s R150m plus investment into Prosus, which will be seen as a sign of confidence by shareholders. - Justin Rowe-Roberts