The Ewing Trust Quarterly News

Despite all the doom and gloom, we believe that the South African economy is showing some of the best value in decades.

The political environment in South Africa continues to be of concern, in particular our state-owned entities requiring desperate attention.

The end of this quarter saw one of the worst market performances in South Africa’s recorded history.

After a strong rebound in the first two thirds of the quarter, the Johannesburg Stock Exchange ended on a negative note primarily due to poor global sentiment.

We hope you all had a wonderful festive season and your 2019 has got off to a great start! We wish you prosperity, health and happiness for 2019.

South Africa Inc. has experienced four years of little or no capital growth under the leadership of President Zuma and as a result of the recent global pullback, shareholders have felt this negativity persist.