On Thursday the 30th of July 2020, SALCOC hosted a webinar discussing the South African/ Lebanon macro-economic and financial markets.
The online event was facilitated by Colin Rezek and featured insight from Ali Houmani (Deputy Head of Lebanese Mission in South Africa) , DR Azar Jammine (Director and Chief Economist at Econtometrix and Board Chair of SALCOC) and Mark Kalil (Head of Sundicate Africa at Standard Bank and Board of Director of SALCOC).
The event was a huge success and provided the community with great insight about the markets in Lebanon and South Africa. It also outlined the similarities between both financial markets. The conversation and insight were not all doom and gloom and showcased the positivity that can come out of the difficult time the world is going through.
The Cedar Oxygen https://cedaroxygen.com/ fund was also mentioned, and this fund provides great opportunities for the Lebanese people and will help the country moving forwards in its recovery from COVID-19.
In the end, both South African and Lebanon are countries that have battled hard times and risen out from the chaos, and in the wake of the COVID-19 pandemic, we have hope that both countries will recovery with the help of government initiatives and the community at large.