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<p>Is it time to re-imagine South Africa&#8217;s inflation targeting regime? CNBC Africa&#8217;s Godfrey Mutizwa asked Intellidex Head of Research Peter Attard Montalto if it&#8217;s time to shake things up.</p>


Is it time for the SARB to broaden its mandate beyond inflation targeting?

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<p>Last week we had a conversation with South Africa’s Energy Minister, Gwede Mantashe where he spoke on deregulating the power market, and the country’s transition to cleaner energy.</p>


What the future holds for Eskom as SA moves to liberalize energy market

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<p>Since the launch of the Renewable Energy Independent Power Producer Procurement Programme, 77 renewable energy utilities have become operational. Communities surrounding the energy utilities stand to benefit from these investments. But for many reasons, these benefits have often failed to materialise. The question is: Is community ownership through trusts an effective tool for energy projects to deliver community development? Zoheb Khan, Social Economy Research Manager at Intellidex joins CNBC Africa for more.</p>


Why renewables-linked community trusts are struggling to make an impact

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<p>Earlier this year treasury published the draft amendments to Regulation 28 of the Pension Funds Act for public comment. The matter remains contentious as questions about what this means for our pension funds remain. Capital markets company Intellidex has also responded to section 28 saying the proposed reforms are positive, but they also say some are likely to be negative from a public interest perspective. Peter Attard Montalto, Head of Capital Markets Research at Intellidex joins CNBC Africa for more.</p>


Draft amendments to Regulation 28: Good or bad?

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<p>Could South Africa’s carbon footprint be a deterrent to investors? Well capital markets company, Intellidex has put a paper together on the Carbon threat to South Africa’s government bonds. They reckon South Africa needs to move much quicker to establish a larger, more liquid green bond segment which will happen only with a mixture of net-zero targets. Peter Attard Montalto, Head of Capital Markets Research at Intellidex joins CNBC Africa for more.</p>


Is South Africa’s carbon footprint a deterrent to investors?

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<p>Yesterday South African Finance minister Tito Mboweni delivered the 2021 budget speech. Some felt he was rather conservative, while others feel there isn’t much the finance minister could have done. Taxes, grants vaccine costs are some of the changes announced. Joining CNBC Africa to unpack the speech are Peter Attard Montalto, Head of Capital Markets Research at Intellidex; Tatonga Rusike, Sovereign Analyst in the S&#038;P Emerging and Logan Wort, Executive Secretary of the African Tax Administration Forum.</p>


#BudgetSpeech2021: Here’s what analysts are saying about Tito Mboweni’s budget

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<p>In a year that initial public offerings have hit record highs across the world, it seems that crickets have found a home in Africa’s largest stock exchange.</p>


How the JSE performed in 2020

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<p>The Johannesburg Stock Exchange, in partnership with Intellidex, put forward a position paper to policy makers, proposing exchange control reform.</p>


JSE in support of capital flow reforms

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<p>In the fight for survival, businesses applied for the Covid-19 credit guarantee scheme during the lock-down period. R2-3 billion has already been disbursed and a further R7 billion in total – it’s still a drop in the ocean, but is this moving fast enough. Stuart Theobold, Chairman of Intellidex joins CNBC Africa for more.</p>


R200bn COVID-19 loan scheme: Is it too late to save SA businesses?

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<p>Most South African companies expect profits to be hit by coronavirus and the carnage the virus will bring to the economy. The degree of stress to the balance sheet however will depend on the overall industry, liquidity and management risk. Joining CNBC Africa to dissect which bottom lines will be most infected by Covid-19 is Phibion Makuwerere, Analyst at Intellidex.</p>


How SA businesses are dealing with financial stress of COVID-19

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<p>Join this CNBC Africa panel as we unpack the Eskom crisis and find solutions to turn around the beleaguered SOE.</p>


#EskomCrisis threaten SA economy – Is there a way out the darkness?

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<p>A lack of effective implementers or communicators around president Ramaphosa means that what slow positive change occurring is getting rapidly lost. Negative reforms and delays continue to glue business sentiment to the ground with load-shedding obscuring the slow progress. Peter Montalto, Head of Capital Markets Research at Intellidex joins CNBC Africa to discuss the reform narrative in South Africa.</p>


Is the reform narrative dying in SA?

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<p>The cabinet approval of the publication of the land reform report has sparked debate across South Africa. There are those who are keen and those who are cautious for the constitutional process that will need to take place to implement land reform. Joining CNBC Africa for this discussion is Peter Attard Montalto, Head of Capital Markets Research at Intellidex and Dr Theo de Jager the Chairperson of the Board of Directors from The Southern Africa Agri-Initiative (SAAI).</p>


Is the land reform report a realistic draft for change?

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<p>Intellidex Head of Capital Markets Research, Peter Attard Montalto shares his views on president Ramaphosa’s cabinet announcement.</p>


Markets react to Ramaphosa’s cabinet announcement

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<p>Peter Attard Montalto, Head of Capital Markets Research, Intellidex joins CNBC Africa to look at Moody’s ratings on South Africa and MPC meeting.</p>


Intellidex reviews SA MPC meeting, Moody’s ratings expectations

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<p>With Eskom CFO Calib Cassim declaring R500 million lost every month for South Africa&#8217;s state owned energy utility, is there much to be saved at all? Joining CNBC Africa for a discussion on this is Peter Attard Montalto, Head, Capital Markets Research, Intellidex.</p>


Analysis: Is Eskom stuck in short-termism and how bad is long outlook?

<p>By Kopano Gumbi</p>
<p>Once the last contractor has been cleared out, and the books have been closed on the shady administrators—Eskom’s debt will still be a monster lurking in the dark, one that is likely to haunt them for year. The company, which provides power to 55 million South Africans as well as to countries like Lesotho, Zimbabwe and Zambia, has not been able to meet its debt obligations for months now.</p>
<p>“We are paying our creditors on time,” said Chairman Jabu Mabuza when he was pressed on the financial status of Eskom. He went to great pains to explain that since releasing its interim results last week, management has been on the road, talking to stakeholders, investors and ratings agencies to reassure them that they would get their money.</p>
<p><strong>Read:</strong> <a title="COMMENT: Taking Eskom, the grimy, rotting, bull by the horns" href="http://cnbc.africa/insights/energy-environment/2018/12/06/comment-taking-eskom-the-grimy-rotting-bull-by-the-horns/" rel="bookmark">COMMENT: Taking Eskom, the grimy, rotting, bull by the horns</a></p>
<p>How this will happen is yet to be explained. With R400 billion or $28 million in debt and “liquidity issues” as Public Enterprise Minister Pravin Gordhan describes it—the public are understandably as concerned about the utility as investors are. Rumours have been swirling that the utility would look to the National Treasury for assistance and the minister did little to allay any such concerns.</p>
<p>“The issue is being discussed in government, sometime in the new year we will come back with that,” is all that was said when asked to explain how the government envisioned paying back the money.</p>
<p>Eskom bondholders didn’t take too kindly to that comment and by the end of the press conference, they had sold off the state-owned enterprises’ 21 bonds by about 75 basis points, said Intellidex’s Peter Attard Montalto. The parastatal, according to Montalto, is sending mixed signals about whether it is able to meet its debt obligations, and that is what has led to the jitters.</p>
<p>Both the minister and the chairperson say that collaboration is the best way to come up with solutions to the challenges at Eskom and that they have not closed their eyes or ears to alternative approaches.</p>
<p>“We can’t deal with the debt without dealing with the operational”</p>


intellidex

Is it time for the SARB to broaden its mandate beyond inflation targeting?

What the future holds for Eskom as SA moves to liberalize energy market

Why renewables-linked community trusts are struggling to make an impact

Draft amendments to Regulation 28: Good or bad?

Is South Africa’s carbon footprint a deterrent to investors?

#BudgetSpeech2021: Here’s what analysts are saying about Tito Mboweni’s budget

How the JSE performed in 2020

JSE in support of capital flow reforms

R200bn COVID-19 loan scheme: Is it too late to save SA businesses?

How SA businesses are dealing with financial stress of COVID-19

#EskomCrisis threaten SA economy – Is there a way out the darkness?

Is the reform narrative dying in SA?

Is the land reform report a realistic draft for change?

Markets react to Ramaphosa’s cabinet announcement

Intellidex reviews SA MPC meeting, Moody’s ratings expectations

Analysis: Is Eskom stuck in short-termism and how bad is long outlook?

Eskom’s debt, a monster lurking in the dark

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intellidex

Is it time for the SARB to broaden its mandate beyond inflation targeting?

What the future holds for Eskom as SA moves to liberalize energy market

Why renewables-linked community trusts are struggling to make an impact

Draft amendments to Regulation 28: Good or bad?

Is South Africa’s carbon footprint a deterrent to investors?

#BudgetSpeech2021: Here’s what analysts are saying about Tito Mboweni’s budget

How the JSE performed in 2020

JSE in support of capital flow reforms

R200bn COVID-19 loan scheme: Is it too late to save SA businesses?

How SA businesses are dealing with financial stress of COVID-19

#EskomCrisis threaten SA economy – Is there a way out the darkness?

Is the reform narrative dying in SA?

Is the land reform report a realistic draft for change?

Markets react to Ramaphosa’s cabinet announcement

Intellidex reviews SA MPC meeting, Moody’s ratings expectations

Analysis: Is Eskom stuck in short-termism and how bad is long outlook?

Eskom’s debt, a monster lurking in the dark

News Tips

Advertise With Us

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