(Ecofin Agency) - Despite a tumultuous economic environment, the South African private equity market’s performances were stable in Q4, 2018. This is revealed by a joint report published by research firm Riscura and the Southern Africa Venture Capital and Private Equity Association (SAVCA).
“The latest [report] reveals that private equity’s performance relative to listed markets remains steady,” said Monwabisi Zikolo, analyst at RisCura
During the recent investors’ conference, it was revealed that the private equity sector’s commitment in South Africa has reached ZAR290 billion ($19.3 billion) showing investors’ increased trust.
Tanya Van Lill, chief executive officer of the SAVCA is more optimistic for 2019. "The figures are an indicator that the industry remains well-positioned to continue on a positive trajectory. The outcome of the 2019 national elections paves the way for enhanced policy certainty, which is likely to facilitate an improved economic growth outlook,” she said.