Earlier this week European leaders crossed the Rubicon and agreed an unprecedented economic programme. The EU have agreed a deal on a €750bn recovery fund to address Covid-19 damage; importantly, all raised by issuing EU common bonds for the first time. The issuance of these bonds will enhance the trading bloc’s financial autonomy from the US, furthering its potential role as a reserve currency.

There is heightened uncertainty around the impact that Covid-19 (worsened by the recent Moody’s downgrade on SA government bonds) is currently having on markets and explains the dramatic volatility in markets in recent weeks.

The spectacular photos that Paul Choy has captured thus far, as part of his Walk Mauritius journey, truly tell amazing tales of the beautiful contry of Mauritius and its people.

When the famous Russian author, Leo Tolstoy, wrote, ‘The two most powerful warriors are patience and time’, he could not have foreseen how perfectly it would sum
up today’s global predicament.

Investors are swamped with tips in newspapers, on television and online, but are media pundits worth their salt? The media has always fed off individuals’ insatiable appetite to take a punt on the stock market – offering ‘expert’ tips and forecasts in a bid to sell newspapers to investors or direct eyeballs to a television show or website. There is little doubt these forecasts are highly influential.

Almost every business around the world is affected by Covid-19 in one way or another. While some have been forced to completely close, others have welcomed a tsunami of new customers that had not even heard of their product a matter of weeks before the crisis hit