Kaya 959 Kaya Biz

What will it take to enhance SA’s financial health?

Loading player...
Guest: Ciko Thomas, Nedbank Group Managing Executive for Retail and Business Banking



In a virtual roundtable today, H.M. Queen Máxima of the Netherlands, as the United Nations Secretary-General’s Special Advocate for Inclusive Finance for Development (UNSGSA), and Ciko Thomas, Nedbank Group Managing Executive for Retail and Business Banking, led a dialogue on enhancing financial health in South Africa. The session, convened under Chatham House Rules, fostered a platform for a diverse group of South Africa's leading financial services providers (FSPs) and authorities to discuss strategies for improving the financial well-being of South Africans.

The discussion, co-organised by the Office of the UNSGSA and Nedbank, saw notable contributions from representatives of the South African Reserve Bank, the National Credit Regulator, the Financial Sector Conduct Authority, and the Banking Association South Africa, among others in the public and private sectors.
15 Feb 2024 3PM English South Africa Business News · Investing

Other recent episodes

Bitcoin at the Fed’s Crossroads

Bitcoin briefly touched a 12‑week high before pulling back—but with spot ETFs seeing some of their strongest inflows of the cycle, the market is shifting fast. Rob Price, CIO of Sound Money Capital, explains whether Bitcoin is still trading like a high‑beta macro asset or evolving into true sound money.
27 Apr 1PM 17 min

Oil’s Hidden Risks & Gold’s War Paradox

Oil is stuck near $90–95, but portfolio manager John Hasslet says the market is being held up by physical bottlenecks, not real fundamentals. He also unpacks why gold is falling during a major war and how inflation expectations are overpowering safe‑haven demand.
27 Apr 1PM 13 min

BofA Slashes SA Growth Forecast as Inflation Surges

Bank of America has cut South Africa’s 2026 GDP growth forecast to 1.3%, warning that higher oil and fertilizer prices will keep inflation above 4% for most of the year. Economist Tatonga Rusike explains
23 Apr 3PM 11 min

Understanding SA’s First Wealth Score

Franc unveils South Africa’s first-ever Wealth Score, revealing that financial habits—not income—are the strongest predictor of financial health. We unpack why SA’s national score is 45/100 and the behavior gap between knowing and doing with Dr. Thomas Brennan, founder and CEO of Franc.
23 Apr 3PM 13 min
All episodes