He says South African assets remain undervalued after offshore capital flight, while the Iran war may pressure emerging markets in the short term.
Viljoen argues that multipolar geopolitics and inflation increasingly favour emerging markets, especially resource-heavy economies such as South Africa.
The investment case centres on longer-term upside despite near-term volatility, with South Africa presented as a beneficiary of shifting global capital and commodity dynamics.
In a new multipolar world, will South Africa’s neutral stance prove to be its greatest economic asset?
As the Iran War reshapes global trade, is South Africa the world’s next critical resource powerhouse?
Can South Africa's domestic reforms overcome its history of crisis to finally attract massive foreign investment?