As the dust settles from South Africa’s emergency budget announcement, economist and ratings agencies have expressed their pessimism towards the finance minister Tito Mboweni’s ability to cut expenditure and deliver on his debt stabilisation plan. Joining CNBC Africa for this discussion are Mamello Matikinca-Ngwenya, Chief economist at FNB, Nicky Weimar, Chief Economist at Nedbank and Murtaza Moulvi, Head of Financial Markets at Standard Chartered Bank....
A day after Finance minister Tito Mboweni delivered his crucial supplementary budget speech, the markets are down, the rand dollar exchange is taking a hit and the economy looks bleak at best. So where to now? Arthur Kamp, Chief Economist at Sanlam Investments joins CNBC Africa for more.
Joining CNBC Africa to discuss a post-budget analysis of the emergency budget speech yesterday is Azar Jammine, Director and Chief Economist at Econometrix and Maarten Ackerman, Chief Economist and Advisory Partner at Citadel.
Tertia Jacobs, Treasury Economist at Investec and Ronald King, Head: Public Policy & Regulatory Affairs at PSG join CNBC Africa’s Fifi Peters to breakdown the supplementary budget presented by finance minister Tito Mboweni.
Moody’s is the only ratings agency to still have South Africa above junk status. Will it change its mind after Wednesday’s Budget? CNBC Africa spoke to Lucie Villa, Moody’s Lead Sovereign Analyst for South Africa to find out.
Top rated economist Gina Schoeman from Citi Global Markets rates the Budget 2019 speech that happened yesterday.
Eskom maybe getting a bailout but the risk of load shedding remains. An alternative in renewable energy could be available; CNBC Africa’s Kopano Gumbi is out in Johannesburg with Tim Frankish of SolarSaver, a solar energy company hoping to offer solutions.
Struggling power utility Eskom is set to receive a R69 billion bailout over three next years, Joining CNBC Africa for a discussion on this is Chris Yelland MD, EE Publishers and Marubini Raphulu CEO, Huisman.