Infrastructure investments have grown exponentially over recent years. Currently valued at around US$1 trillion, this amount is expected to grow to over US$1.9 trillion by 2027. The potential growth of this relatively new asset class brings with it...
In European mythology, dragons breathe fire and terror; in Chinese mythology, water and prosperity. As China celebrates its year of the dragon, that difference in perception sums up the debate about China’s long term structural challenges. We tend to side with those...
Thabo Khojane, Managing Director, Ninety One South AfricaSouth Africa has faced significant infrastructure investment challenges, from low levels of government funding capacity to investor concerns about governance, to a lack of project pipeline. Now, however, the...
Wenchang Ma, Portfolio Manager, Ninety One The reopening of China sparked a wave of positive market sentiment as investors anticipated a robust economic recovery. But over the last few months, we’ve seen optimism waxing and waning due to a fixation on short...
South Africa should be spending at least 30% of GDP by 2030 on infrastructure to promote inclusive economic growth. Unfortunately, spend has tracked well below this target since the early 1980s, and we significantly lag other, faster growing economies in this key...