STANLIB STANLIB Podcasts

STANLIB Podcasts

STANLIB is a specialist investment manager, administering over R600 billion in assets under management.

Whether you need to preserve your capital or create wealth in the long term, our teams of investment specialists can help you achieve your goals. We offer a depth of expertise across investment disciplines – from absolute return and fixed income to listed property, balanced, equity and alternatives; spanning active and passive management, single and multi-manager offerings.

Through this wide range of investment capabilities we offer our clients both pooled and segregated investment solutions across a broad choice of traditional and alternative asset classes.

With our clients at the centre, our investment teams are developed to deliver outstanding outcomes through the skill, passion and dedication of each team member. Their unique blend of skills, areas of specialisation and perspectives enables us to make better-informed decisions so we can help our clients, both individuals and institutions, achieve their financial goals.

Combined with our teams’ range of specialist skills, their focus on in-depth research and risk mitigation strategies, examining markets from diverse perspectives culminates in consistent long-term investment performance.

We are proud of our South African heritage and the legacies of our founders. The size of our organisation allows for the acquisition of advanced systems, databases and research facilities and provides unique investment opportunities while our specialist team structure enables distinct focus on their areas of expertise.

STANLIB Asset Management is an authorised financial services provider.
Occasionally English South Africa Investing · Business News
117 Episodes
80 – 100

Rand weakens after SA’s Budget, while early US interest rate cut pushed back

The rand weakened by just over 2% after SA’s National Budget, reacting to the decision to access R150 billion of the Gold and Foreign Exchange Credit Reserve Account (GFECRA). The main reason was that government failed to stipulate how debt would be controlled in future or give assurances that the…
26 Feb 2024 8 min

Budget 2024: stronger measures needed to stimulate economic growth

In this podcast, STANLIB’s Chief Economist, Kevin Lings, emphasises the most important points of Budget 2024, focusing on the government's choice to access R150 billion from the R500 billion surplus in the Gold and Foreign Exchange Currency Reserve Account (GFECRA) to decrease debt. Although this move has pleased bond market…
21 Feb 2024 11 min

Minister of Finance delivers a positive Budget 2024 for bond investors

STANLIB’s Head of Fixed Income, Victor Mphaphuli, remarked that Budget 2024 turned out to be more positive than what bond markets had anticipated. Despite concerns that the 2023/4 main Budget deficit might spike to 5% due to lower-than-expected revenue and increased spending, it will remain unchanged at 4.7%. The market…
21 Feb 2024 3 min

Budget 2024: ratings agencies will welcome moves to stabilise SA’s debt

STANLIB’s Head of Credit, Tarryn Sankar, and Chief Economist, Kevin Lings, discuss how rating agencies will view the government’s careful measures to tap R150 billion from the Gold and Foreign Exchange Currency Reserve Account. They also note the Minister’s firm stance on bailing out state-owned entities such as Transnet.
21 Feb 2024 8 min

US consumers in a strong position while South African consumers struggle

Recent US consumer data is compellingly strong, as reflected in December retail sales and weekly jobless claims, making it likely that the US is heading for a “soft landing”. While inflation remains above target, the Fed is likely to remain cautious in the short term about cutting interest rates. In…
22 Jan 2024 9 min

US labour market still strong and SA’s Q3 2023 GDP declines

A broad range of US labour market data released last week was compellingly strong, with the unemployment rate moving down to 3.7%. However, those sectors that are more sensitive to interest rates, e.g. retail, manufacturing and technology, are adding fewer jobs, showing the economy is slowing. In SA, Q3 GDP…
11 Dec 2023 11 min

US PCE inflation heads towards 2% target

In this podcast, STANLIB Chief Economist Kevin Lings discusses US PCE inflation for October and SA’s private sector demand for credit. Although US PCE inflation, at 3%, remains above the target of 2%, the data is moving in the right direction. However, shelter inflation needs to fall further. In SA,…
4 Dec 2023 7 min

US CPI eases in October, while SA’s consumers more resilient than expected

In this podcast, STANLIB Chief Economist Kevin Lings discusses US October CPI inflation data, which delivered a pleasant surprise, moderating from 3.7% to 3.2% y/y. This will give space to the US Federal Reserve not to increase rates any further, and it had a positive impact on markets. Turning to…
20 Nov 2023 11 min

SA’s government debt profile deteriorates while US interest rates may have peaked

SA’s Medium-Term Budget Policy Statement (MTBPS), released last week, showed a tax revenue shortfall of about R56 billion, as expected. It also showed government overspending of about R29 billion, which will be clawed back through cuts in departmental and provincial budgets. Fiscal discipline and stronger economic growth will be needed…
6 Nov 2023 12 min

Bond market responds positively to MTBPS

SA’s fixed income markets welcomed government’s commitment to stick to fiscal prudence in the medium term while directing spending towards areas that will support economic growth. The projection that the government debt to GDP ratio will peak at 77.7% by 2026 is better than the market expected. There was relief…
1 Nov 2023 2 min

The 2023 MTBPS may change credit outlook but not cause a rating downgrade

Credit rating agencies had expected SA’s budget deficit and debt servicing costs to increase, but the pace of deterioration will be a focus. Rating agencies will also focus on the credibility of government’s plan to stabilise finances, given revenue under-collection and the spending overshoot. STANLIB does not expect these agencies…
1 Nov 2023 7 min

Medium-term budget shows it will be a long road to restore SA to financial stability

The Mid-Term Budget Policy Statement (MTBPS) was delivered under difficult economic conditions. The Minister of Finance had to present a consolidated, fiscally-disciplined package to address the deterioration in government finances, but could not make changes that would cause a pushback in an election year. The mini-budget showed tax revenue substantially…
1 Nov 2023 7 min
80 – 100