Retirement systems around the world are undergoing significant transformation as governments, regulators and pension funds respond to ageing populations, fiscal pressures and the growing need to improve retirement outcomes. While each country’s retirement...
The investment landscape has changed Companies are staying private for longer, and many businesses that would once have listed on public markets now remain private throughout much of their growth journey. As a result, a growing share of innovation and value...
A growing portion of the digital content we consume on a daily basis is AI-generated. From articles and code, to customer interactions and even images and video, it’s getting harder to identify what is created by humans and what isn’t. Much of the content is...
Around the world, pension funds are increasing their allocations to private markets as they seek greater diversification, resilient sources of return and access to investment opportunities that are becoming less available through listed markets. From North...
Private markets have become an increasingly important component of institutional portfolios, not only for diversification and return potential, but for their role in supporting long‑term economic development. In Africa, the relevance of private markets...
There is a well-worn phrase in investment circles: illiquidity premium. We use it often, sometimes loosely, as though it were simply the reward for tolerating a locked up position. But I have come to think of it differently. The real premium is not just...
The latest Just Energy Transition Implementation Plan (JET-IP) report by the Presidency makes encouraging reading. It reflects both hard work by the JET Project Management Unit and enormous goodwill from the foreign community, excluding the US, towards...
As of 24 April 2026, the US–Iran conflict has been ongoing for approximately eight weeks. Despite President Trump’s extension of the ceasefire to allow for further negotiations, the path to a lasting resolution remains uncertain. Regardless of when and on...
For years, institutional investors in South Africa (or across Africa) have treated public markets as the clearest expression of economic health. If it was not listed, it was not often considered. That assumption is becoming harder to defend. Across much of...
South Africa’s economic geography remains deeply shaped by its apartheid past, with township and rural areas historically marginalised from mainstream economic activity. Today, these areas are home to a significant share of the population, including nearly...
