There were big falls on Friday and mining has been an area of interest. The guys are taking this opportunity to buy at slightly cheaper levels.

Foreigners have been net buyers of our equities over the last few weeks and I am sure there was selling, especially with the rand at current levels.

All markets are suffering but we are being hit more than others because the index is resource-heavy .. about 40% of the top 40 stocks are resources.

I think the Budget is going to be positive. The last government numbers up until December point to a small deficit and, pushing it out to the full year, the deficit should be less than one percent of GDP. There is scope for government to spend more and provide more tax relief at the low end of the scale.

I think the Budget is going to be positive. The last government numbers up until December point to a small deficit and, pushing it out to the full year, the deficit should be less than 1% of GDP. There is scope for government to spend more and provide more tax relief at the low end of the scale.

Focus is now shifting to financials, which I think were undervalued for a while.