Abstract

The Investment Die Beleggings­ Analysts Journal ontleders Tydskrif Forty-third issue - Winter 1996 Drie-en-veertigste uitgawe - Winter 1996 The purpose of the editorials of this Journal is to provide Die hoofartikels van hierdie tydskrif is daarop gerig om die readers with critical and evaluative comment on current lesers van kritiese en evaluatiewe kommentaar oor ak­ issues of relevance to the field of investment and portfolio tuele sake op die gebied van beleggings- en portefeulje­ management. In this respect there can be no more bestuur te voorsien. In hierdie verband is daar sekerlik nie important matter than the release this month (June) of 'n belangwekkender aangeleentheid nie as die bekend­ the government's macroeconomic strategy document making vandeesmaand (Junie) van die regering se doku­ entitled Growth, Employment and Redistribution. To avoid ment oor 'n makro-ekonomiese beleidstrategie, getitel misunderstanding, because of any critical comment that Growth, Employment and Redistribution. Om enige mis­ follows, it is necessary to say at the outset, and without verstand te voorkom wat uit moontlike kritiese kommen­ ambiguity, that this is a reasonable document and one taar in hierdie hoofartikel kan voortvloei, word dit reg aan which deserves the support of those who accept that the die begin