DAY 4 of World Economic Forum:

Loading player...
GUEST – Nishlan Samugh, Investec Group Finance Director

The private sector remains a key partner in economic growth and the state is committed to improving the business climate for both local and international companies operating in the country.

Initiatives under way include reducing data costs and improving broadband access; making tax compliance easier; reducing the timeframes for issuing licences in key areas of opportunity such as mining, water and the environment; unlocking potential in upstream oil and gas; cutting red tape, and dealing decisively with crime and corruption.

South Africa will also again raise its voice in pursuit of the reform of global multilateral institutions to include a push for the greater participation of countries of the Global South in terms of access to finance, supply chains, trade and investment opportunities.
18 Jan 2024 3PM English South Africa Business News · Investing

Other recent episodes

The Mental Health Cost of Financial Stress

Financial stress has emerged as one of the biggest threats to South Africans' mental wellbeing. Dr Rachel Moore, Chief Medical Officer at Mediclinic Southern Africa, discusses the psychological impact of economic pressure, barriers to accessing mental healthcare and what can be done to reduce stigma and improve support.
22 Oct 2PM 12 min

KPMG Africa CEO Outlook: Confidence vs Execution

African CEOs remain confident about growth despite geopolitical tensions, economic uncertainty and disruptive technological change. Tola Adeyemi, CEO of KPMG One Africa, unpacks why execution has become the defining leadership challenge, and why many organisations are still struggling to keep pace with artificial intelligence
22 Oct 1PM 20 min

South Africa’s Economic Report Card After the MTBPS

Finance Minister Enoch Godongwana's Medium-Term Budget Policy Statement paints a mixed picture of South Africa's economy. Revenue collection is outperforming expectations, and fiscal stability appears to be improving, yet growth forecasts have been downgraded amid infrastructure constraints and global risks. Dr Nwabisa Kolisi of the HSRC unpacks what the MTBPS…
22 Oct 12PM 9 min

Clicks Crosses R50bn: Growth Through Scale

Clicks Group has become a R50 billion turnover business, cementing its position as one of South Africa's retail success stories. CEO Bertina Engelbrecht discusses the drivers behind the milestone, changing consumer behaviour, pharmacy-led growth and how the retailer plans to expand while navigating a tough consumer environment.
22 Oct 12PM 15 min

Strong Cash Flow, Softer Profits: Inside Famous Brands' Interim Results

Famous Brands delivered a resilient performance in difficult trading conditions, growing revenue and more than doubling free cash flow while navigating consumer pressure and global uncertainty. CEO Darren Hele discusses cash generation, expansion plans, shareholder returns, challenges in key regional markets and what current trading conditions reveal about South African…
21 Oct 1PM 14 min