Investec Focus Radio SA

In this episode, journalist Ferial Haffajee hosts a discussion with Cumesh Moodliar, Fumani Mthembi, Ravi Naidoo, Reyburn Hendricks, and Wrenelle Stander. They explore the challenges and opportunities facing Cape Town and South Africa as they navigate uncertainty and work toward sustainable economic growth. The conversation delves into various topics, including the impact of dropping the licensing cap on independent power producers like Pele Energy Group and the positive outcomes it has brought. They also discuss the global energy revolution and how South Africa can leverage this momentum for its benefit. The CEO initiative is examined, focusing on its impact and sustainability beyond elections. This analysis takes into account the significance of private capital in generating public good, as well as the role of public-private partnerships in driving economic development. The discussion also touches on the growth of Cape Town's aviation and cruise industries, showcasing the positive impact on the tourism sector. The issue of youth unemployment is addressed, with a focus on finding innovative solutions to integrate young people into the economy. Overall, this episode provides valuable insights into the challenges and opportunities faced by Cape Town and South Africa, highlighting the importance of collaboration and forward-thinking strategies for sustainable growth. Skip ahead 00:00 Intro 03:05 The impact of removing the licensing cap on independent power producers, such as Pele Energy Group. 05:58 Example of Pele’s impact on rural communities in the Western Cape 07:53 The energy revolution 09:24 The CEO initiative 10:08 How sustainable are the decisions taken by the CEO initiative post-election? 12:04 What is the impact of the Queen Mary 2 and Queen Victoria cruise ships docking in Cape Town's harbour on the city's tourism industry? 14:11 Youth unemployment and how PPPs are finding innovative solutions to integrate young people into the economy. 19:56 Is the private sector assuming responsibilities that should be handled by the state? 23:01 How is Cape Town driving this great growth strategy? 27:11 How do we filter this growth into the rest of the country?

The rand has been a leading beneficiary of a weaker US dollar, as expectations of a rate cut this year grow. In this week's episode, Investec Wealth & Investment Chief Investment Strategist Chris Holdsworth discusses discusses global inflation, mixed data coming out of China and why the rand has been strengthening as much as it has.

With over 60 countries going to the polls in 2024, including South Africa, financial markets are keeping a close eye on developments worldwide. What does a historic year of global elections mean to investors? Investec Wealth & Investment Chief Investment Strategist Chris Holdsworth shares his insights on what election outcomes matter most to markets, and how investors should navigate this time of uncertainty. Listen to the latest episode of our No Ordinary Wednesday podcast. Podcast key moments: 00:00 – Introduction 01:24 – What are the key elections investors are watching and why? 02:49 – What strategies can investors employ to hedge against the ambiguity of elections? 03:40 – Are bond markets concerned about the big election year? 05:05 – Are there any opportunities for investors? 06:07 - How will this historic year likely shape investment decisions for the medium and long term? 07:19 - What are some of the common mistakes investors make during a time of election anxiety or a period of uncertainty? 08:40 - What can we expect from the currency markets due to uncertainty and risk associated with elections in major economies? 11:02 - What economic indicators do you think are going to be impacted by the global elections? 12:14 – What is the impact of the US elections? 13:20 - Are there any market or investor concerns as South Africans head to the polls? 14:35 – Post elections, what are some of the economic missteps we should watch out for as a country? 16:05 – Staying the course during election uncertainty Hosted by seasoned broadcaster, Jeremy Maggs, the No Ordinary Wednesday podcast unpacks the latest economic, business and political news in South Africa, with an all-star cast of investment and wealth managers, economists and financial planners from Investec. Listen in every second Wednesday for an in-depth look at what's moving markets, shaping the economy, and changing the game for your wallet and your business. Read more on www.investec.com/now

In this week’s episode, Chief Investment Strategist Chris Holdsworth discusses latest PMI data and what it means for global growth, the FED decision and a surprising decline in a key leading indicator for the Chinese economy.

In this episode we meet the man behind the title, Cumesh Moodliar, the CEO of Investec Bank. We delve into the importance of cultivating a positive mental outlook to effectively navigate the emotional impact of everyday life challenges. We also look at the role that corporates plays in fostering hope during times of uncertainty.

Wind and solar are the predominant renewable energy sources being brought online now, but what about other clean energy technologies in the future of SA's energy mix? In episode 6 of the Current, we delve into geothermal, battery advancements, innovations in nuclear, biomass, smart grids and more. If you want a peek into the future of energy, listen to host Iman Rappetti in conversation with Investec's Harold Hutchinson, Campbell Parry and Chanda Nxumalo, MD of Harmattan Renewables as they explore the pros and cons of some of the latest advancements in energy. 00:00: Introduction 01:56: Meet the guests 02:26: Size matters when it comes to wind 03:32: Solar developments in the UK 04:33: Lazard's levelised cost of energy 06:09: Battery technology advancements 08:19: Factoring in long-term weather patterns 09:33: Reimagining nuclear 12:23: Are nuclear safety concerns unfounded? 13:20: Dealing with nuclear waste 13:59: Funding of nuclear 15:30: Hydrogen only viable in long-term 17:39: Hydrogen use in fertilizer and petrochemicals 18:31: Geothermal’s potential as energy source 23:33: Tidal energy pros and cons 24:23: Biomass in the UK 25:26: Hybrid energy solutions are the answer 27:22: Smart grid technology 29:14: Tech that enables efficient use 30:54: Closing comments This episode was brought to you by Investec Wealth & Investment. Learn more about their responsible investment strategy and how you can invest your money so it can do well, and do good. Read more: https://www.investec.com/en_za/investment/responsible-investing.html

In this week’s episode, Chief Investment Strategist Chris Holdsworth takes a look at SA's state-owned enterprises and in particular at the positive trends in electricity availability, as well as in ports and rail. He also looks at the recent rand strength, US interest rates, US jobs and earnings.

South Africa’s ailing healthcare system has significant implications for the population and the economy. What needs to be done to change the course of healthcare in SA? In the latest episode of the No Ordinary Wednesday podcast, Health Activist Dr Aslam Dasoo and Investec Healthcare Equity Analyst Letlotlo Lenake discuss the NHI and the future of healthcare in the country. Podcast key moments: 00:00 – Introduction 02:47 - What are the biggest challenges facing South Africa's healthcare system? 08:39 – The economic impact of a weak healthcare system 10:41 – Opportunities for public private partnership in healthcare 12:30 - What should be the key focus areas to improve healthcare in SA? 17:50 – Can South Africa afford NHI? 20:35 – NHI, is there an alternative? 25:40 – Lessons from other countries 27:13 – How do we fix the healthcare system? Hosted by seasoned broadcaster, Jeremy Maggs, the No Ordinary Wednesday podcast unpacks the latest economic, business and political news in South Africa, with an all-star cast of investment and wealth managers, economists and financial planners from Investec. Listen in every second Wednesday for an in-depth look at what's moving markets, shaping the economy, and changing the game for your wallet and your business. Read more on www.investec.com/now

This week, Investec Wealth & Investment Chief Investment Strategist Chris Holdsworth discusses the latest US GDP print and core PCE inflation. And in South Africa, the latest on election polls.

In episode 5 of The Current, we examine fossil fuels- mankind's centuries-old mixed blessing. We discuss the numerous applications of oil and gas and just how quickly we can phase them out, whilst sticking to a 'just energy transition'. Listen to Iman Rappetti, and Investec's Callum Macpherson, Campbell Parry, Melanie Janse van Vuuren and SAPIA's Executive Director Fani Tshifularo unpack the most fundamental question of the global energy transition: What is the future of fossil fuels? 00:00 Introduction 02:22 Meet the guests 02:42 What was agreed at COP28 on fossil fuels 04:50 Fossil fuels account for 75% of global GHG emissions 06:38 Our everyday dependence on fossil fuel products: from clothes to fertilizer 08:34 Electric vehicle adoption in SA versus the rest of the world 09:56 When will the demand for oil fall? 11:06 Road transport drives 50% of oil demand 13:02 What is a transition fuel and why are they important? 15:16 Opportunities for SA off demand for gas 17:58 When will we see a peak in global oil demand? 19:14 Geopolitics and fluctuating prices of fossil fuels 20:56 What is SA govt and industry doing to move away from fossil fuels? 22:17 How to make a dirty industry more efficient 24:21 How to bring oil-rich countries onto the transition journey 25:43 Investec approach to oil and gas: commitments and targets 27:21 A pragmatic approach to transitioning away from oil and gas This episode was brought to you by Investec Wealth & Investment. Learn more about their responsible investment strategy and how you can invest your money so it can do well, and do good. Read more: https://www.investec.com/en_za/investment/responsible-investing.html

This week, Investec Wealth & Investment Chief Investment Strategist Chris Holdsworth looks at the latest US economic data, outlook for interest rates in the US, what is happening to global markets and CPI in SA.

Although sentiment indicators in South Africa are depressed there are signs of improvement to support stronger growth for 2024. In this episode, Investec Chief Economist Annabel Bishop discusses the macroeconomic outlook for the global and local economy, and where the opportunities are for growth.

Welcome to the 4th episode of The Current, an Investec Focus Radio podcast series where host Iman Rappetti takes you on a thought-provoking 10-part journey of South Africa's energy transition. In this episode, Investec's Barry Shamley, Zane Bezuidenhout, Boipelo Rabothata and Campbell Parry discuss the myriad investment opportunities presented by the energy transition and the world's commitment to reach net zero by 2050: from mining companies, enabling and transitioning businesses, to the potential of carbon capture, nuclear and hydrogen power. 00:00 Introduction 02:22 Meet the guests 02:55 Investing in mining of green metals 06:05 Is renewable energy a good investment? 08:17 The importance of efficient energy use 09:02 Battery technology advancement 10:34 Construction companies' boom 12:09 A bearish short-term view on hydrogen 14:51 Investing in companies contributing to the SDGs 15:12 Transitioning companies present an opportunity 16:55 Monitoring companies' transition targets is vital 19:29 How will the adoption of AI impact the journey to net zero? 22:07 Is AI a responsible investment? 22:56 2022 Inflation Reduction Act and its impact 24:52 Global Sustainable Equity Fund 28:12 Investing for good without compromising returns 29:34 Energy transition- the megatrend that offers a myriad of investment opportunities Tune in to this enlightening investment-focused episode and be informed about the many opportunities stemming from the energy transition. This episode was brought to you by Investec Wealth & Investment's Global Sustainability Equity Fund. Invest in world-class companies dedicated to achieving the UN's Sustainable Development Goals (SDGs), and that we believe can provide you with attractive returns. The fund strives to have a 100% net positive SDG impact. Learn more: https://www.investec.com/en_za/investment/invest-offshore/global-sustainable-equity-fund.html

As South Africa approaches elections, the nation grapples with critical issues such as substantial unemployment, escalating violent crime rates, and persistent power and infrastructure challenges that dominate the public discourse. Amidst these challenges, many South Africans are looking beyond the government for solutions – they look to themselves but they also look to an innovative business community. Public-private partnerships are playing a key role in helping South Africa meet its infrastructural and development investment requirements. In this episode, get an inside view into some of South Africa’s key public-private partnerships and the business leaders driving them, with our panel of experts. Journalist and editor, Ferial Haffajee hosted recent In conversations events with Investec CEO Designate, Cumesh Moodliar; Busisiwe Mavuso, CEO of Business Leadership South Africa; Fumani Mthembi, Co-founder & Director of Pele Energy Group; Mteto Nyati, Chairman at Eskom and Executive Chairman at BSG; Mark Rayner, Vumacam investor, co-founder of Leadwood Partners; and Reyburn Hendricks, CEO at H1 Holdings. This episode is for all South Africans who are interested in finding out what some of the initiatives are that are helping to drive the country to prosperity. Skip ahead: 00:00 Intro 01:50 Understanding the CEO Initiative and how it works 04:51 The inner workings of the CEO Initiative 07:55 The timelines put forward by the CEO Initiative for various infrastructure and security projects to be completed 10:06 Government’s role vs the role of the public sector in these public-private partnership projects 12:15 Eskom update from Chairman of the board, Mteto Nyati 15:09 National Treasury diagnostic report on Eskom 16:41 The end of loadshedding 18:26 Regulatory reform driving private power production 21:24 Industrialisation of the energy sector as a way to tackle unemployment 25:35 Vumacam revolutionising the crime detection industry in South Africa 28:27 Rolling out crime detection video technology in Johannesburg 29:36 Skills development in the security industry to meet technological advancements 31:59 Suggestions to the president from captains of industry

From SA Inc, to green and gold. In the latest episode of No Ordinary Wednesday, discover the sectors that have piqued the interest of award-winning fund managers, Barry Shamley and Peter Vogel, and the factors driving their local and international investment decisions. Podcast key moments: 00:00 – Introduction 01:20 - How are macroeconomic and geopolitical conditions affecting global equity funds? 02:24 – How are equity markets fairing in South Africa despite global headwinds? 03:57 – Are South African investors optimistic about local equity funds? 04:54 – How is rand volatility affecting equity markets? 06:13 – Equity markets to watch out for 2024 07:57 – Emerging markets equities vs developing markets equities? 09:05 – What are emerging markets equity funds investing in? 10:02 – How is South Africa performing against other emerging markets? 10:58 – Is SA Inc attractive to investors? 11:37 – Are there significant inflows in tech and AI in South Africa? 12:25 – What sectors in South Africa are attractive to investors? 14:14 – What sectors are growing in South Africa? 15:24 – Impact of investing in South Africa 17:20 – What will drive the investment outlook for the next 12 to 18 months? Hosted by seasoned broadcaster, Jeremy Maggs, the No Ordinary Wednesday podcast unpacks the latest economic, business and political news in South Africa, with an all-star cast of investment and wealth managers, economists and financial planners from Investec. Listen in every second Wednesday for an in-depth look at what's moving markets, shaping the economy, and changing the game for your wallet and your business. Read more on www.investec.com/now

Investec's Quentin Allison, Ayan Ghosh and Fanele Mondi, CEO of the Energy Intensive Users Group, examine the crucial role of the mining sector in the energy transition, with a focus on the growing need for so-called "clean minerals" which South Africa has in abundance. 00:00 Intro 02:37 The energy trilemma 04:53 Just transition and how to manage the loss of jobs from coal mining 07:00 Energy transition happening at a slow pace 08:09 The promise of Platinum Group Metals (PGMs) 10:56 Investec's Commodity Hedging and Working Capital Solutions 11:20 How clean are PGMs, really? 12:19 EVs are eating PGM's lunch 13:15 PGMs are vital in hydrogen fuel energy 16:27 South Africa's potential as a leader in the hydrogen economy 20:58 Other clean metals in the green energy transition 21:14 Nuclear energy in SA's energy mix 23:34 Will the hydrogen economy be a game changer for SA? This episode was brought to you by Investec Corporate and Institutional Banking. The Commodity Hedging and Working Capital Solutions team identifies opportunities and structures investment alternatives across traditional commodity assets and exciting frontier markets like regulated carbon allowances. Learn more: https://www.investec.com/en_za/investec-for-institutions/commodities.html

In this special edition of Investec Focus Radio, we delve into the intersection of food technology and sustainability with Arturo Elizondo, the founder and CEO of The Every Company, and Melanie Janse van Vuuren, Global Sustainability lead at Investec. We explore the environmental challenges of traditional meat production and the rise of innovative lab-created food alternatives. Arturo shares Every Company's groundbreaking work in precision fermentation and AI to create the world's first chickenless eggs and how this technology can revolutionise our food systems. Listen to this compelling conversation about the future of food and how groundbreaking technology and conscious choices can lead to a more sustainable planet. 00:00 Introduction 01:23 Arturo Elizondo’s journey to forming food technology company, Every co. 03:11 Alternative protein landscape 07:58 Ensuring that our food is sustainable? 12:48 Accessibility and affordability 14:08 Nutritional value of alternative proteins 15:31 The shift to consume less animal proteins 16:31 The use of AI in food production At Investec our vision is to grow and preserve our clients’ long-term wealth by allocating capital that not only achieves desired financial outcomes, but also ensures that future generations inherit a world they can be proud of. Find out more about the Investec Sustainability Equity Fund

This week, Investec Wealth & Investment Chief Investment Strategist Chris Holdsworth discusses risks ahead for US growth, despite an uptick in the leading indicator.

South Africa’s often under-appreciated mid-market sector remains a bulwark in driving the country’s economy and continues to play a key role in mitigating some of the country's infrastructure and energy difficulties. And while resilience is an overtraded word in South Africa, it is this attitude that is helping the sector grow. In this episode, Dhiren Mansingh, Investec’s Head of Business Transactional Banking, discusses the mid-market landscape, how these businesses are holding the line in tough times and how they’re positioning for growth. Podcast key moments: 00:00 – Introduction 01:05 – What type of companies make up the mid-market segment? 01:50 – How important is the mid-market sector to the South African economy? 02:45 – How are these mid-market companies navigating challenges in the South African economy? 04:23 – What are mid-market businesses worried about? 05:47 – What has been the impact of high inflation and high interest rates environment for the mid-market sector? 07:11 – How are mid-market businesses navigating uncertainties? 08:26 – How should mid-market businesses protect themselves against currency volatility? 10:18 – Where are mid-market companies investing? 11:49 – Where do opportunities lie for mid-market businesses? Hosted by seasoned broadcaster, Jeremy Maggs, the No Ordinary Wednesday podcast unpacks the latest economic, business and political news in South Africa, with an all-star cast of investment and wealth managers, economists and financial planners from Investec. Listen in every second Wednesday for an in-depth look at what's moving markets, shaping the economy, and changing the game for your wallet and your business. Read more on www.investec.com/now

This week, Investec Wealth & Investment Chief Investment Strategist Chris Holdsworth discusses global growth and the upward revisions to US growth expectations, global inflation and commodity markets.

In this episode, Investec's Martin Meyer and Ayan Ghosh are joined by Rudi Dicks, the head of project management in the office of the Presidency. Together they discuss the challenges facing Eskom and the feasibility of the plans to turn the ailing utility around. The episode covers infrastructure constraints, particularly in transmission, skills needed, investment, collaboration, unbundling, and a look at Brazil as a developing country from which SA can learn much about renewable energy transition. 00:00 Intro 02:04 Eskom’s “chicken and egg” maintenance dilemma 04:16 German VGBE consortium’s damning report 06:28 Investment in transmission is the most important factor 07:40 Eskom needs to decarbonize for economic and sustainability reasons 11:08 Balancing FDI and local investment into renewables 12:43 Progress on the unbundling of Eskom into three separate entities 15:59 South Africans will need to be patient. The transition will be slow 16:37 What lessons can we learn from Brazil’s energy transition 18:22 South Africa is the leading investment destination for renewable energy 20:58 Poor logistics network is impacting Eskom 23:07 Evidence providing hope that Eskom is on the right track This episode was brought to you by Investec Corporate and Institutional Banking. The Energy and Infrastructure team offer funding solutions and a full range of specialist financial services across a wide range of infrastructure sectors, including renewable energy. The team comprises diverse skills in banking, advisory, finance, law, engineering, power development and project management. Learn more: https://www.investec.com/en_za/investec-for-corporates/finance/power-and-infrastructure-finance.html

Investec Wealth & Investment Chief Investment Strategist Chris Holdsworth looks at the latest nonfarm payroll data, global activity, inflation in Europe and China and SA’s GDP print.

In this episode, we embark on a journey through the rich tapestry of women's experiences, from triumphs to trials and everything in between. We'll hear from inspiring women who have overcome incredible odds in both their personal and professional lives.

India’s rapid economic growth has the attention of the world. It has overtaken China as the world's most populous country, and it's tipped to move from the fifth to the third largest economy in the next few years. The growth is being driven domestically by the country's burgeoning and youthful population, massive infrastructure programs, significant investments in clean energy, and a growing stock market. In this episode of No Ordinary Wednesday, Ali Nortier, Joint Head of National Wealth Management for Investec Wealth & Investment, along with Neo Mahlangu, Regional Head of Investec Private Bank discuss India's growth story, its trajectory, its future prospects, and explore opportunities for investors. 00:00 - Introduction 01:10 – What is driving India’s rapid economic growth? 02:26 – Is India’s economic growth sustainable? 04:05 – What makes India’s economy resilient? 05:28 – How will India’s majority young population contribute to its economic growth? 06:16 – Where do investment opportunities lie in India? 08:30 – What challenges could impede India’s growth aspirations? 11:25 – What are the key sectors to look out for in India? 13:36 – India’s business growth 14:51 – What are the key considerations for investing in India? 17:17 – Lessons from India? 19:50 – Impressions of India? Hosted by seasoned broadcaster, Jeremy Maggs, the No Ordinary Wednesday podcast unpacks the latest economic, business and political news in South Africa, with an all-star cast of investment and wealth managers, economists and financial planners from Investec. Listen in every second Wednesday for an in-depth look at what's moving markets, shaping the economy, and changing the game for your wallet and your business. Read more on www.investec.com/now

Investec Wealth & Investment Chief Investment Strategist Chris Holdsworth discusses why a key price indicator was probably not much of a concern or surprise for the Fed.

In this episode of Investec In conversation, we delve into the impact of artificial intelligence on the future of employment and skills development. As AI transforms from a novel concept to a mainstream tool, we examine its role in redefining job roles and the necessary skills for the workforce of tomorrow. In this insightful discussion, we're joined by Sameer Rawjee, founder of Google's Life Design Lab and O-School Ventures, and Lesley-Anne Gatter, Global Head of People and Organisation at Investec. Together, they share their unique perspectives on the transition from traditional job functions to new paradigms shaped by AI, the ethical considerations it raises and the strategies for adapting to a job market in flux. Explore the shift from manual labour to strategic oversight, the rise of prompt engineering and the increasing importance of human-centric skills in an automated world. This podcast is a must-listen for professionals, employers and students alike, aiming to navigate the challenges and opportunities presented by AI in the workplace. 00:00 Introduction 01:47 AI trends in the workplace in 2023 04:05 AI trends to impact 2024 06:20 How are employees reacting to the uptake of AI by employers? 08:03 How are business models shifting to accommodate AI automation? 09:47 Is there a shift in what skills employers are looking for? 11:04 Prompt engineering is becoming a vital skill 12:44 Vital skills that students need for future careers 15:49 Roles on the brink of extinction 18:09 What roles are staying relevant 19:14 Resources on AI advancements In conversation is an Investec Focus Radio podcast series that offers insights into a wide range of topics that will empower our clients to create, manage, preserve and grow their wealth.

Welcome to the inaugural episode of the The Current, an Investec Focus Radio podcast series, in which your host Iman Rappetti takes you on a thought-provoking 10-part journey of South Africa's energy transition. In this episode, Investec's Campbell Parry, Chris Holdsworth and Samantha Mooi are joined by James Mackay, CEO of the Energy Council of SA. Together they discuss the multifaceted social, economic, and environmental implications that South Africa faces amidst its journey towards a sustainable future. 00:00 Introduction 02:33 Meet the guests 03:11 Solving South Africa’s energy crisis 04:35 “South Africa is going to transition by mistake” 05:13 The economic impact of not undergoing a Just Energy Transition 07:58 Is it fair for developing countries to be penalised? 08:30 Managing the balance between profit and people 09:19 The European energy crisis 10:48 Government more committed to public-private partnerships 12:49 Progress on corporate emissions reductions and the REIPPP 15:00 Technology disruption is what’s really driving the value of the energy transition 15:35 Targets in the Integrated Resources Plan 16:50 Is nuclear an option? 17:56 The potential of natural gas as an alternative power sources 19:16 It’s time to implement our plans 20:20 What do we need to achieve in the next 10 years? 21:38 What impact will the energy transition have on jobs? 24:32 Affordability of renewable energy 25:42 Insights from COP28 27:21 Closing comments Tune in to this enlightening conversation and be part of the dialogue that could shape the trajectory of South Africa's energy landscape. Whether you're an industry professional, policy-maker, or a concerned citizen, this episode promises to offer valuable insights into the challenges and opportunities that lie ahead. This episode was brought to you by Investec Wealth & Investment's Global Sustainability Equity Fund. Invest in world class companies dedicated to achieving the UN's Sustainable Development Goals (SDGs), and that we believe can provide you with attractive returns. The fund strives to have a 100% net positive SDG impact. Learn more: https://www.investec.com/en_za/investment/invest-offshore/global-sustainable-equity-fund.html

Investec Wealth & Investment Chief Investment Strategist Chris Holdsworth discusses the disconnect between US GDP data, the leading indicator and other data series – pointing to a slowdown, though a recession is less likely.

As we enter 2024, the M&A landscape shows signs of recovery, albeit cautiously. Charles Barlow, Investec's Head of Cross-Border Finance and International Advisory and Capitalmind Investec experts Jürgen Schwarz, Marleen Vermeer, and Kilian de Gourcuff discuss the key sectors, trends and risks to keep an eye on in 2024. 00:00 – Introduction 01:45 - What were the key factors in 2023 that resulted in one of the worst bear markets for M&A in a decade? 03:19 - Upswing in M&A activity in 2024? 04:38 - Which sectors are leading recovery in M&A? 05:50 - Which sectors are attractive? 06:44 – Investment into artificial intelligence 09:46 – Potential of mega deals valued at US$10bn or greater this year? 11:14 – Risks, crises and problems that could derail the M&A upswing? 12:32 – Buyers’ market in 2024? 13:50 – Deal appetite for South African corporates? 16:20 – Deal themes in Europe and the US 17:40 – Expectations for M&A in 2024? Hosted by seasoned broadcaster, Jeremy Maggs, the No Ordinary Wednesday podcast unpacks the latest economic, business and political news in South Africa, with an all-star cast of investment and wealth managers, economists and financial planners from Investec. Listen in every second Wednesday for an in-depth look at what's moving markets, shaping the economy, and changing the game for your wallet and your business.

Investec Wealth & Investment Chief Investment Strategist Chris Holdsworth looks at global Inflation data and what it means for monetary policy, weak data coming out of the US for January, and is South Africa in recession.

Investec Chief Economist Annabel Bishop looks at what stabilising inflation and interest rates will mean for South African consumers in 2024. In this podcast, brought to you by Investec Personal Cash Investments, Bishop talks about what you can expect from food and fuel prices to salaries and tax.

In this episode, we aim to shed light on the complex relationship between financial stress and mental health, and provide you with tools, insights, and practical advice to navigate the storm when faced with the overwhelming burden of economic hardship.

Investec Wealth & Investment Chief Investment Strategist Chris Holdsworth discusses high frequency economic data which suggests there’s an uptick in economic activity across the globe so far at the beginning of the year, inflation in China and the fiscal position in South Africa.

Surging government expenditure, high debt and a widening budget deficit. How will the minister tackle the country's financial problems? In the latest episode of the No Ordinary Wednesday podcast, Investec experts Chief Economist Annabel Bishop ,Treasury Economist at Investec Corporate and Institutional Banking Tertia Jacobs and Wealth & Investment Tax and Fiduciary specialist Pierre Botha give their insights on what to expect at this year’s budget speech. 00:00 – Introduction 01:04 – 2024 economic growth outlook 03:20 – Impact of weak economic growth on South Africa’s finances 05:33 – fiscal policy vs monetary policy 07:03 – How closely are ratings agencies watching budget speech 2024? 08:40 – Where should Finance minister Enoch Godongwana cut expenditure in the 2024 budget? 11:54 – What are the key focus areas for budget 2024? 16:38 – With rising government debt, high expenditure, revenue shortfalls and a widening budget deficit, where will the money come from? 17:10 – What is the possible fiscal anchor? 18:29 – The importance of public private partnerships 19:21 – Any tax increases expected? 21:17 - Shift in focus by SARS to high-net-worth individuals 22:11 – Any changes expected to exchange controls? Hosted by seasoned broadcaster, Jeremy Maggs, the No Ordinary Wednesday podcast unpacks the latest economic, business and political news in South Africa, with an all-star cast of investment and wealth managers, economists and financial planners from Investec. Listen in every second Wednesday for an in-depth look at what's moving markets, shaping the economy, and changing the game for your wallet and your business.

Investec Wealth & Investment Chief Investment Strategist Chris Holdsworth looks at the nonfarm payroll numbers in the US, the latest IMF global growth forecasts and tax data in SA.

Investec Wealth & Investment Chief Investment Strategist Chris Holdsworth discusses the latest inflation data from across the world particularly from the US and the inflation outlook for South Africa.

AI, geopolitical risks, anaemic economic growth and climate change dominated talks at this year’s Davos meetings. Investec Bank SA CEO Richard Wainwright and Investec Group Finance Director Nishlan Samujh, who were at WEF in Switzerland, share their insights. 00:00 – Introduction 01:06 – Why have citizens lost trust in both political and business leaders? 03:12 – How does leadership, politically and in business, rebuild trust? 04:19 – How worried should we be about escalating geopolitics? 06:48 – What’s the 2024 outlook for interest rates and inflation? 07:45 – What’s the outlook on global growth? 09:45 – What was the sentiment in Davos around election in over 50 countries in 2024? 11:38 – Where do opportunities lie for investors in an environment of uncertainty? 13:08 – What is the future of AI? 15:20 – Is South Africa an investment destination? 17:13 – The African Continental Free Trade Agreement and the Private Sector Action Plan 20:23 – Key takeaways from the World Economic Forum meetings in Davos Hosted by seasoned broadcaster, Jeremy Maggs, the No Ordinary Wednesday podcast unpacks the latest economic, business and political news in South Africa, with an all-star cast of investment and wealth managers, economists and financial planners from Investec. Listen in every second Wednesday for an in-depth look at what's moving markets, shaping the economy, and changing the game for your wallet and your business.

Investec Wealth & Investment Chief Investment Strategist Chris Holdsworth looks at the results from Investec’s Global Investment Strategy Group (GISG) meeting and what it means for risk allocation as well as global markets and the upcoming Reserve Bank’s monetary policy committee meeting.

Investec Wealth & Investment Chief Investment Strategist Chris Holdsworth discusses the market pricing in aggressive rate cuts by the Fed, ECB and Bank of England this year, as key core inflation numbers remain in focus.

Join award-winning journalist Redi Tlhabi and a selection of guests, from leaders to policy-makers and climate activists, as they unpack what COP28 means for South Africa and the continent. In partnership with Investec Focus Radio, this four-part podcast series brings you the latest developments on the ground from the UN climate summit in Dubai. In this episode we hear from: • Simon Steele , Executive Secretary of the Secretariat of the UN Framework Convention on Climate Change • Kumi Naidoo, Human Rights and Climate Justice Activist • Faten Aggad, Senior Advisor on Climate Diplomacy and Geopolitics at the African Climate Foundation

Join award-winning journalist Redi Tlhabi and a selection of guests, from leaders to policy-makers and climate activists, as they unpack what COP28 means for South Africa and the continent. In partnership with Investec Focus Radio, this four-part podcast series brings you the latest developments on the ground from the UN climate summit in Dubai. In this episode, hear from: • H.E Shamma bint Suhail bin Faris Al Mazrouei, Youth Climate Champion and Minister of State for Youth Affairs in UAE • Ellyanne Wanjiku, Chlystun Githae, 13-year-old Climate Activist • Kumi Naidoo, Human Rights and Climate Justice Activist

The Fed, like other central banks, is likely to leave rates unchanged this week, despite a stronger-than-expected nonfarm payrolls number. Investec Wealth & Investment Chief Investment Strategist Chris Holdsworth explains.

Join award-winning journalist Redi Tlhabi and a selection of guests, from leaders to policy-makers and climate activists, as they unpack what COP28 means for South Africa and the continent. In partnership with Investec Focus Radio, this four-part podcast series brings you the latest developments on the ground from the UN climate summit in Dubai. In this episode, hear from: • Shameela Soobramoney, CEO of the National Business Institute • Marc Kahn, Investec Chief Strategy and Sustainability Officer • Dr Omar Farouk Obrahim, Secretary General African Petroleum Producers' Organisation

Join award-winning journalist Redi Tlhabi and a selection of guests, from leaders to policy-makers and climate activists, as they unpack what COP28 means for South Africa and the continent. In partnership with Investec Focus Radio, this four-part podcast series brings you the latest developments on the ground from the UN climate summit in Dubai. In this episode, hear from: • António Guterres, UN Secretary General • Barbara Creecy, Minister of Forestry, Fisheries & Environmental Affairs • Dr Crispian Olver, Executive Director, SA Presidential Climate Commission • Inger Andersen, Executive Director, UN Environment Programme

This episode aims to inspire, inform, and empower, while also offering a platform where stories of strength, hope, and triumph emerge from the heart of the disability community, enriching our understanding of mental wellness for all.

What does 2024 hold for the global economy? Our expert Investec panel from the UK, Switzerland and South Africa weigh in on expectations of low growth, game-changing elections, stubborn inflation, high interest rates and war. Listen to their insights now.

On both sides of the Atlantic, inflation indicators and bond yields are trending lower. Investec Wealth & Investment Chief Investment Strategist Chris Holdsworth explains.

In this episode Investec Wealth & Investment Chief Investment Strategist Chris Holdsworth discusses the weak global growth outlook, as the world is yet to see the full impact of rate hikes. But inflation is on the way down and corporate margins are resilient.

Investec hosted an exclusive event series for women called In Conversation: Shaping your Wealth, which aims to empower women in their financial journey. The panel discussion was hosted by Nozipho Tshabalala and featured Jill Anthony from Investec Tax & Fiduciary, Tracey Ward from Investec Life and Dorothy Asomaning from Investec Wealth & Investment. They discussed crucial ingredients for a successful wealth strategy, including protection of income, legacy and offshore investment.

Despite its many challenges, two prominent KwaZulu-Natal businessmen are optimistic about the region’s growth prospects. In this podcast, Toyota’s Nigel Ward and Shave and Gibson’s Simon Downes speak to Investec’s Neo Ralefeta about positive developments in one of South Africa’s most important economic hubs.

Saving for the future is a mindset best instilled at a young age. René Grobler, Head of Investec Cash Investments shares some tips on how to turn your children into savers.

New power stations aren't enough to solve SA's electricity woes; the real challenge is the lack of capacity to distribute power where it's needed. In the latest No Ordinary Wednesday podcast, Investec Equity Analysts Herbert Kharivhe and Ross Krige discuss solutions to this transmission conundrum.

While the US economy continues to cool, the Chinese economy is showing signs of life. Investec Wealth & Investment Chief Investment Strategist Chris Holdsworth explains.

Engage in candid conversations guided by the heart-warming bond of a mother and daughter who have traversed journey toward youth mental wellness. In the latest episode of the Reimagine Mental Health podcast series, explore the power of self-care, self-compassion, and the importance of setting boundaries in the digital age. We highlight the resources available for young individuals and their families, both online and offline, and discuss the cultural and diversity perspectives that influence the experience of anxiety.

From Chinese consumer prices to US bankruptcy rates, there are increasing signs of a global slowdown. Investec Wealth & Investment Chief Investment Strategist Chris Holdsworth looks at what this means for monetary and fiscal policy.

The recent decision by monetary policy makers in the US to keep rates unchanged has sparked hope of an end to a bruising interest rate cycle globally. Central banks across the world have battled soaring inflation, leading to mantra of ‘higher interest rates for longer.’ So is the end near? In the latest episode of the No Ordinary Wednesday podcast, Investec Chief Economist Annabel Bishop gives an in-depth analysis on what this means for financial markets, investors and the rest of world.

Bonds and equities rallied together after Friday’s US nonfarm payrolls miss, says Chris Holdsworth, Investec Wealth & Investment's Chief Investment Officer.

Investec Wealth & Investment Chief Investment Strategist Chris Holdsworth previews a busy week, that includes a Fed rate decision and the mid-term budget speech the Finance Minister on Wednesday. He also notes some good news on the electricity front.

It’s been called the lifeblood of the global economy, but over the past three years, the fixed income – or bond – market has been battered by low economic growth, sticky inflation, low investor confidence and high interest rates. But have we reached the bottom of the cycle? In this episode, Annelise Peers, Chief Investment Officer for Investec Bank Switzerland and Awongiwe Booi Fixed Income Analyst at Investec Wealth & Investment SA explain what this means for investors and the world at large.

In this week's episode Investec Wealth & Investment Chief Investment Strategist Chris Holdsworth looks at rising yields that are having an impact on the US economy, particularly the housing market.

Addressing escalating debt, SOE bailouts, and tax reforms will be critical in the Medium-Term Budget Policy Statement, say Investec economists Annabel Bishop and Tertia Jacobs in this special edition of the No Ordinary Wednesday podcast.

Global inflation is drifting down, but perhaps not fast enough for central banks, argues Investec Wealth & Investment Chief Investment Chris Holdsworth in the latest episode of Macro Monday. Meanwhile, Chinese leading indicators are looking promising, and there are positive developments on the local electricity crisis front.

Financial returns in the sustainable space was a key theme at the world's leading responsible investment conference. Investec Wealth & Investment Chief Investment Strategist Chris Holdsworth, and investment analysts Boipelo Rabothata and Kyle Lasarow share their insights from the event.

In our first episode, we talk to comedian Jason Goliath, who has chosen to laugh through his tears. Literally. And explore how, and if, humour helped him cope during some of his darkest moments. We also speak to experts and professionals, Andrew Martin (Clinical Psychologist) and Sinenhlanhla Sithomo (Head of Insurance Business: Investec Life), who carefully guide us and help us navigate the space of men’s mental health and wellness.

While the world economy is still growing, it’s doing so at a slower rate. Investec Wealth & Investment Chief Investment Strategist Chris Holdsworth, looks at the implications.

It’s often said that you should hope for the best, but plan for the worst. Although a subject that most are reluctant to talk about, planning for your death is a crucial part of your investment journey, particularly in the context of intergenerational wealth. We asked Jonathan Hilliar, a financial adviser at Investec, and Sinenhlanhla Sithomo, head of Investec’s life insurance business to explain the importance of life insurance.

Retirees are often a target of fraudsters. Kevin Hogan, Head of Fraud Risk at Investec, is joined by René Grobler, Head of Investec Cash Investments, in explaining some of the ways you can avoid becoming a victim of fraud.

In our quarterly strategy and asset allocation overview, Investec Wealth & Investment Chief Investment Strategist Chris Holdsworth looks at the implications of the likely slowing in global growth over the next 12 to 18 months. He also examines the challenges and opportunities in the SA market.

How to talk about wealth with family, how to build a financial plan and how to create wealth. Investec Wealth & Investment wealth managers, Neil Urmson and Ruth Forssman, share some insights into how not to lose your intergenerational wealth.

Melanie Humphries (head of Investec Sustainable Solutions) has an in-depth discussion on the ongoing water crisis with expert, Pierre Lundberg. Where do we stand and what does the future look like? What do you need to know about water back-up solution, such as water tanks, boreholes and rainwater? What are the pitfalls?

The rand’s rollercoaster ride continues. It’s been a tough few weeks for the rand, as the market grows increasingly anxious over domestic challenges, including government’s fiscal deficit of R143.8 billion. David Gracey, Investec's Head of FX and Fixed Income Trading, discusses the rand's performance and its future outlook.

"The future is human," says leadership luminary Prof Sudhanshu Palsule. In this Investec Focus Talk Lesley-Anne Gatter, global head of People and Organisation at Investec, chats to Palsule on why organisations need to find their purpose, and leaders need to find empathy, in order to survive in an age of AI and machine learning.

Trusts are often used in estate planning for various reasons, many of which are related to tax efficiencies. But are they still a suitable wealth preservation vehicle, and what are the implications of investing through a trust offshore? Should you keep your SA trust if you emigrate? What does it mean to change tax residencies? Two of Investec Wealth & Investment’s advisors from the Tax & Fiduciary team, Johanci Meintjies and Jill Anthony, answer these questions and more in the fifth episode of the second season of our Wealth Creation podcast.

In the first episode of Investec’s weekly macroeconomic view, Investec Wealth & Investment’s Chief Investment Strategist Chris Holdsworth discusses global inflation which ticked up in August, driven mainly by higher fuel prices.

In this episode, our experts discuss the surge in fuel prices and the impact of oil market volatility on South Africans. Find out what's driving the increase and the potential implications for our economy.

Melanie Humphries (head of Investec Sustainable Solutions) has an in-depth discussion on the ongoing energy crisis with expert, Chris Yelland. Where do we stand and what does the future look like? How can you reduce your reliance on the grid? What are the options and hazards?

Have we really turned the corner when it comes to inflation, and will the Reserve Bank continue to keep interest rates on ice? Find out in the latest episode of No Ordinary Wednesday with Investec Economist Lara Hodes.

At our latest In conversation event, titled, Sustainable living – empowering solutions, Chris Yelland (energy expert), Prof Anthony Turton (water expert), Maya Fisher-French (award-winning financial journalist) and Pierre Lundberg (water expert) shared their thoughts on our current water and energy situation.

With the economic headwinds of sticky inflation and persistently high interest rates, an underwhelming Chinese rebound and a weakening US dollar – how do the next few months look for investors? Our Chief Investment Strategist Chris Holdsworth, gives his analysis in the latest episode of the No Ordinary Wednesday podcast.

Starting a private practice can be overwhelming, but with the right support and knowledge, you can confidently make informed decisions. In this interview, Nirvashni Rajkumar, a Senior Financial Advisor at Investec Life, sketches out some of the financial essentials you need to consider. Discover how to mitigate risks, protect your income, and safeguard your practice through effective risk cover strategies. Learn about essential aspects such as life cover, disability cover, and income protection, tailored specifically to your profession. SKIP TO KEY TOPICS 00:04 What type of risks do financial planners help clients mitigate against? 2:52 Where do medical practioners who are thinking of starting their private medical practice begin? 4:15 What are the common mistakes made by medical professionals when it comes to retirement? 6:40 Final thoughts for medical professionals.

Simon Lapthorne, a Senior Research Analyst for Investec Wealth & Investment UK, dicusses the rise of artificial intelligence and what investors should consider before entering the market.

Investec Head of Tax & Fiduciary Rene van Zyl shares insights and strategies to help medical professionals navigate the complex world of finance and taxation and manage their money more effectively. Learn about the key elements involved in establishing a long-term financial plan as a doctor in private practice, and how to adapt it as your career progresses, while getting to grips with how to approach estate planning, tax compliance and wealth preservation. If you're a medical professional in private practice looking to take control of your finances, protect your assets, and optimise your wealth, this video is for you. Empower yourself with the knowledge and insights to build a secure financial future. SKIP TO KEY TOPICS 0:00 Why is managing their money and estate important for medical professionals? 0:55 What important things would you want medical professionals to know about a solid financial plan? 1:41 How do you start with a long-term financial plan as a doctor in private practice? 3:28 What role does a financial adviser, wealth manager or estate planner play in in making sure doctors are compliant in terms of tax? 4:34 What should a doctor, especially in private practice, do when looking for someone to help them in this Tax & Fiduciary space?

High cost of living, unemployment and debt are just some of the difficulties South Africans are facing that greatly impact their ability to save or invest. This National Savings Month, Investec experts Rene Grobler and Ebeth van Heerden unpack the differences between savings and investment and share practical ways to improve your financial health. It’s a must-listen for those starting out on their wealth creation journey.

Steven Macarounas is the founder of the Business Money Life Institute and programme director for the South African Health Business Academy. With over 37 years of experience working alongside healthcare professionals, he is passionate about helping doctors prioritise their own lives alongside their professional responsibilities. By providing education and resources on building successful practices, managing finances, and developing personal lives, these institutions aim to empower doctors to create a better balance and improve their overall quality of life. In this interview, he unpacks his work in more detail and describes how it is intrinsically intertwined with the development of the future-ready private practice. SKIP TO KEY TOPICS 1:35 How a medical professional can keep up to date with medical innovations 2:37 How AI may disrupt medical practices 4:50 How failing to plan ahead can lead to working longer 7:33 Principals that will have a positive impact on doctors

Despite the recent respite in loadshedding, in the form of lower stages, Investec equity analysts Herbert Kharivhe and Ross Krige caution against complacency. Find out what stages they’re forecasting for the rest of winter and beyond, in the latest episode of No Ordinary Wednesday.

With an MEng in Manufacturing Engineering, MSc in Computer science, a PhD in Artificial Intelligence and a research fellowship at Imperial College looking at how to apply AI to "noisy" data sets, there's probably not a lot about AI that Tristan doesn't know. So who better for Investec's Mark James to ask about recent developments and the likely impact of the pervasive tech? Listen now.

At the recent In conversation event for medical professionals, Steven Macarounas, an international specialist with 35 years of experience in the healthcare industry, discusses how to build a future-ready medical practice. Steven Macarounas is the founder and director of the Business Money Life Institute and programme director for the South African Health Business Academy SKIP TO KEY TOPICS 0:17 Regrets of the retiring doctor 1:05 What was your greatest regret as a doctor? 2:50 Characteristics of the Future Ready Practice 4:01 Three steps to success

After a prolonged period of high inflation rates across the globe, major price indices are finally showing signs of peaking. This global trend is also reflected in South Africa's current economic landscape. Annabel Bishop, Chief Economist at Investec, talks about what the impact of disinflation will be on interest rates and the ZAR.

Geopolitical own goals have pushed the rand to record lows against the dollar. Investec Treasury Economist Tertia Jacobs and Investec Head of Sales and Structuring Obakeng Pitse share their views on the outlook for the ZAR.

For entrepreneurs, the heavy weight of expectation across all quarters of society is persistent. From investors, to employees, to customers, not to mention their family and wider community. They are constantly expected to have the answers. In the final episode of the first season of our Reimagine Mental Health podcast series, we will explore how entrepreneurs manage their mental health especially in the current socio-economic climate we face in South Africa.

Marius Roberts, respected motoring expert, shares why Chinese-made cars have gained popularity in such a short time. SKIP TO KEY TOPICS 00:00:40 Should you be considering Chinese-made cars? 00:01:16 Brand awareness 00:02:04 How the motoring industry works in China. 00:03:21 Why are Chinese car brands so much cheaper? 00:03:42 Potential pitfalls 00:03:54 Re-sale value 00:04:46 Fuel consumption 00:05:35 Accessibility or supply chain vs demand

In this Investec Focus Talk we hear from social impact pioneer, Dr Kim Tan on his most out-of-the-ordinary investments, what excites him about the future, and the role this burgeoning market must play in securing our sustainable future.

John Wyn-Evans, Investec Wealth & Investment UK, and Quentin Allison, Investec Corporate and Institutional Banking, take an in-depth look at China’s economic prospects in the face of lower consumer demand, high interest rates and stubbornly high inflation globally.

Marius Roberts shares the cars that he would recommend - from entry-level options for first-time buyers to performance cars. SKIP TO KEY TOPICS 00:00:38 Entry-level cars 00:02:48 Mid-size cars 00:04:52 Family cars 00:05:57 Bakkies 00:06:51 Sports cars

With the Fed and ECB continuing to hike interest rates, it is inevitable that South Africa will follow suit at the end of May. In this week’s episode of No Ordinary Wednesday podcast, our Chief Economist Annabel Bishop looks at whether the country is reaching a turning point on interest rates and what variables are at play ahead of this month’s announcement. Listen now

Marius Roberts, respected motoring expert, shares what cars South Africans are buying now. SKIP TO KEY TOPICS 00:00:53 SUVs and cross-overs 00:03:54 Downsizing and downscaling 00:05:51 Electric vehicles and hybrids 00:10:34 Bakkies

In this episode of No Ordinary Wednesday, Henk Langenhoven, Chief Economist of the Minerals Council of South Africa, Tertia Jacobs, Investec Treasury Economist, and Denys Hobson, Head of Logistics at Investec for Business, discuss the extent of the Transnet crisis, its impact on the economy and possible solutions.

The increasing demands on human capital in an interconnected and hyper-competitive world are largely reflected in the expectations that have been placed on students and young professionals today. In the fifth episode of Investec Life’s Reimagine Mental Health podcast series, we unpack how young professionals are managing their mental health and work to succeed. We are joined by Sicelo Joja, Executive Assistant to Chief Executive Officer of Investec Private Bank, Dr Tshepile Tlali, interim Chairperson of the Junior Doctors Association of South Africa and the interim vice-Chairperson of the South African Registrars Association and Chantelle Oosthuizen is the Executive Director for Cyril Ramaphosa Education Trust (CRET).

Marius Roberts covers some of the mistakes car buyers often make, sharing advice about saving money on service plan agreements, car options, and more. SKIP TO KEY TOPICS: 00:01:22 Car services and warranties 00:04:09 Car features and specifications 00:06:53 Balloon payments