Is local still ‘lekker’?
when domestic-oriented (SA Inc) stocks started looking promising 18 months ago, many investors continued to sit on the side-lines. They were still replaying the negative SA Inc “movie” of the last five years leading up to Covid-19, when local was not so “lekker”.
Investors made money by owning Naspers*, resources stocks and global industrials listed on our exchange, while steering clear of SA Inc companies. When the pandemic struck, the
