06 February 2018

Navigating South Africa’s political and economic landscape

Efforts to put Africa's most-industrialised economy back on track have been placed on hold as the country focuses on the ANC elective conference starting on 16 December 2017.

South Africa has been through several politically charged events which have influenced the economy and the markets significantly. We've been through a recession, been downgraded to 'junk' status, and seen the rand weaken against the dollar, only to strengthen again, at times inexplicably.

With this currency volatility and a rather unpredictable global economic landscape, we find ourselves exposed to a lot of risk and uncertainty, making it difficult to make decisions for the future.

In this podcast, a panel of Investec's top commentators discuss the events that have resulted in the current political and economic landscape,  and how South Africans can best navigate the economically unstable environment.

How to navigate SA's political and economic landscape

Listen to a panel of Investec's top commentators

Karabo Sekhoto chats with Peter Rattey (Head of Treasury Sales), Tertia Jacobs (Treasury Economist) and David Gracey (Head of Currency and Derivatives Trading).

Tertia Jacobs
"Currently there is zero space for the budget to act as a catalyst for growth."

Tertia Jacobs, Treasury Economist

David Gracey
"I struggle to find the confidence to say that we will not be downgraded by Moody’s…regardless of who the new president will be."

David Gracey, Currency and Derivatives Trading head

Peter Rattey
"If we get downgraded, irrespective of whether it's Cyril Ramaphosa or NDZ, the currency will take a significant klap."

Peter Rattey, Treasury Sales head

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