The Ewing Trust Quarterly News

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.

The quarter ending has unfortunately seen a very negative state of affairs developing, predominantly as a result of politics.

This period has been volatile, both globally and locally, as a result of the significant geopolitical tensions prevailing predominantly under the Trump administration.

The big story of the year was the election of Cyril Ramaphosa as the leader of the ANC in the National Elective Conference in December 2017.