Cannon Asset Managers is a licensed asset management business based in South Africa that manages domestic assets as well as global investment portfolios. Since our formation we have successfully applied the philosophy and principles of value investing, an investment management approach that consistently has demonstrated a clear advantage over other philosophies.  Consequently, over the years Cannon Asset Managers has developed a reputation for successfully delivering portfolio results to our clients who include companies, pension funds, insurance companies, trusts, high net worth individuals and retail investors.

The South African Reserve Bank Monetary Policy Committee increased the repo rate by 50 basis points to 6.75 percent from 6.25 percent. The committee cited rising inflation as the main factor behind its decision to raise the repo rate. The drought currently faced by the country is likely to place additional pressure on the inflation rate with imminent increases in food prices. This increase in the repo rate takes the prime lending rate to10.25 percent.

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The Gender Pay Gap | Cannon Asset Managers research

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