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South African consumer sentiment rebounds as oil risk looms

The Sarb will deliver its next policy rate decision on September 23.

Louisa Mojela is a shrewd South African investor who leads Women Investment Portfolio Holdings (WIPHOLD), a company established to empower women in South Africa's post-1994 democracy. WIPHOLD invests in various sectors, including agriculture, coal mining, financial services, education, and energy. Mojela, who has a background in tennis, is optimistic about the future of women in business, particularly in agriculture.

She believes that cooperatives can uplift rural communities and provide sustainable living. Despite the global shift towards renewables, Mojela remains bullish on coal mining, as it is still essential for South Africa's energy supply. WIPHOLD is also focusing on agriculture through investments in companies like Westfalia Fruit and a seed and chemical company with East African exposure.

Written by urgent.news from Africa Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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