South Africa Market Review - Q3 2016

After an impressive 2015, sales volume in the first three quarters of this year were 10% lower than in the period last year, according to SRP data. “The reduction in sales may also be influenced by the excessive levels of volatility globally and locally,” said Frank Cadiz, a member of the alternative investments team at Constellation Asset Management. “The uncertainty of Brexit, combined with the upcoming US elections and numerous often unquantifiable domestic factors have made it an exceptional