Now ep75: SA economy - what lies ahead?

Loading player...
Despite some notable economic gains for South Africa, growth constraints persist. What does this mean for the second half of the year? Investec Chief Economist Annabel Bishop shares her projections for the next six months and highlights the key economic indicators to watch out for.

Podcast key moments:

00:00 – Introduction

00:57 – Impact of elections on the rand, investor confidence and the economy

02:27 – GDP outlook for the rest of 2024

03:44 – Will the Purchase Manager's Index (PMI) improve?

05:10 – What will strengthen business confidence?

07:47 – Household finances remain restricted

09:04 – Inflation data positive for interest rates

10:45 – Impact of inflation on household finances

11:53 – Impact of global elections on South Africa

13:51 – Will South Africa’s 10-year benchmark bond recover?

16:19 – What are the key drivers of rand volatility?

17:40 – Key economic indicators to watch out for in the second half of 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.

Read more on www.investec.com/now
11 Jun 2024 English South Africa Business · Investing

Other recent episodes

Macro Monday Ep 93: Interest rate convergence on the cards for developed markets

With three of the world’s leading central banks meeting this week, Chris Holdsworth, Chief Investment Strategist, Investec Wealth & Investment International says markets are pricing in a convergence of interest rates by developed markets in the coming months. The Fed is expected to cut this week and aggressively into next…
27 Oct 9 min

Everything Counts | Episode 33: Saving strategies post-retirement

Are you wondering how to make your money work for you after retirement? In this episode of Everything Counts, host Motheo Khoaripe sits down once again with Kate Robson, Co-Head of Investec My Investments, and Johan Loubser, Head of Adviser Enablement at Investec, to unpack the realities of managing your…
21 Oct 29 min

Macro Monday Ep 92: Good news on the global growth and inflation front

There’s good news for the world economy, with the IMF forecasting solid growth for the world economy this year and next, and median inflation in the world’s leading economies declining in September. Meanwhile, says Chris Holdsworth, Chief Investment Strategist, Investec Wealth & Investment International, lower oil prices are also providing…
20 Oct 9 min

NOW Ep 112: IMF Special | Signals from Washington

In this special IMF edition of No Ordinary Wednesday, Cumesh Moodliar, CEO of Investec South Africa, and Ruth Leas, CEO of Investec UK, unpack the signals from this year’s meetings in Washington – from the “three Ts” shaping investor sentiment (Trump, technology and tariffs) to the cautious optimism surrounding South…
19 Oct 19 min

NOW Ep 111: In tech we trust?

In this episode of No Ordinary Wednesday, Jeremy Maggs speaks with Zane Bezuidenhout and David Smith, Global Equity Research Analysts at Investec Investment Management in the UK. Fresh from the Deutsche Bank Tech Conference in California, they examine what’s substance and what’s speculation in the current tech cycle – and…
14 Oct 20 min