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Is There Ever Such a Thing as a “Normal” Stock Market?

“The only constant is change.” (Heraclitus)   Stock markets everywhere have been on a bit of a rollercoaster in 2025. Uncertainty around interest rates, geopolitical instability, and the unpredictability of US trade policy have made for a bumpy ride. For any investor, these constant dips and gains can feel unsettling, even irrational. But before labelling…

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State of the nation

On Thursday, 7 February 2019, the President of South Africa, Cyril Ramaphosa, delivered his second State of the Nation Address (SONA) since taking office on 15 February 2018. Ahead of the event there was a lot of media speculation (locally and internationally) and debate about the likely content and tone of Ramaphosa’s speech, especially ahead…

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