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.

From Jacob Zuma’s national appearance on Friday evening, to the National Assembly’s once again volatile meeting, the South African Rand has slipped 4.37% against the US Dollar to levels of R15.20. ABSA, KPMG and Sasfin cut all ties with the Gupta owned Oakbay Resources and Energy Limited. Panama Papers expose some of the world’s wealthiest people and how they’ve been evading tax through friends and relatives. South African-born Elon Musk of Tesla Motors, unveiled his new Model 3 which has been priced at $35,000 per vehicle. 270,000 vehicles have been pre-ordered already.

Read more in the document below:

North America: How Much You Need to Earn to Buy a Home

Related links: