
Peter Armitage: Banking sector recovery and South African investments
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Speaking to Alec Hogg on the BizNews Briefing podcast this morning, Peter Armitage from Anchor Capital discussed the banking sector's recovery amid changing interest rates, highlighting improved investor confidence and economic stability in South Africa. While banking shares are up significantly, Armitage cautioned against complacency, emphasizing the delicate balance between optimism and potential market corrections. His insights also touched on the cautious movement of international investors and the challenges facing major companies like Naspers and Tencent.