The Investment Perspective, with Ninety One

SA’s old economy is cashing in on the new economy's boom

A JSE that looks strong on the surface is really two markets in one: diversified miners and gold and platinum names riding the global AI infrastructure and commodities boom, against an SA Inc split between struggling retailers and resilient banks. Samantha Hartard explains why SA, despite having almost no tech exposure, is still finding a way into the AI trade through copper, coal and the physical buildout behind it.

11 Sept 2026

13 minutes

Samantha Hartard
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