In conversation | Navigating uncertainty in Cape Town

Loading player...
In this episode, journalist Ferial Haffajee hosts a discussion with Cumesh Moodliar, Fumani Mthembi, Ravi Naidoo, Reyburn Hendricks, and Wrenelle Stander. They explore the challenges and opportunities facing Cape Town and South Africa as they navigate uncertainty and work toward sustainable economic growth.

The conversation delves into various topics, including the impact of dropping the licensing cap on independent power producers like Pele Energy Group and the positive outcomes it has brought. They also discuss the global energy revolution and how South Africa can leverage this momentum for its benefit.

The CEO initiative is examined, focusing on its impact and sustainability beyond elections. This analysis takes into account the significance of private capital in generating public good, as well as the role of public-private partnerships in driving economic development.

The discussion also touches on the growth of Cape Town's aviation and cruise industries, showcasing the positive impact on the tourism sector. The issue of youth unemployment is addressed, with a focus on finding innovative solutions to integrate young people into the economy.

Overall, this episode provides valuable insights into the challenges and opportunities faced by Cape Town and South Africa, highlighting the importance of collaboration and forward-thinking strategies for sustainable growth.

Skip ahead

00:00 Intro
03:05 The impact of removing the licensing cap on independent power producers, such as Pele Energy Group.
05:58 Example of Pele’s impact on rural communities in the Western Cape
07:53 The energy revolution
09:24 The CEO initiative
10:08 How sustainable are the decisions taken by the CEO initiative post-election?
12:04 What is the impact of the Queen Mary 2 and Queen Victoria cruise ships docking in Cape Town's harbour on the city's tourism industry?
14:11 Youth unemployment and how PPPs are finding innovative solutions to integrate young people into the economy.
19:56 Is the private sector assuming responsibilities that should be handled by the state?
23:01 How is Cape Town driving this great growth strategy?
27:11 How do we filter this growth into the rest of the country?
21 May 2024 English South Africa Business · Investing

Other recent episodes

Macro Monday Ep124: AI capex and competition concerns weigh on stock markets

Increased competition among LLMs and uncertainty about the return on investment on AI capex are all weighing on the market performance on momentum stocks, such as semiconductor firms. Chris Holdsworth, Global Chief Investment Officer, Investec Investment Management, looks at some of the dynamics in global stock markets.
20 Jul 8 min

NOW Ep 131: South Africa’s consumer crunch

Are South African consumers past the worst of the fuel shock? Household budgets have been hit by higher fuel prices, rising inflation and pressure on real wages. But fuel prices are starting to fall. The risk is timing. Will relief arrive before households are forced to cut back further? Host…
14 Jul 24 min

Everything Counts | Episode 51: Managing global travel disruption

In this episode of Everything Counts, we unpack the real-world impact of geopolitical tension on global travel, from grounded flights and closed airspace to the human stories behind stranded passengers. What happens behind the scenes when airlines, advisors, and entire systems are forced to respond in real time? Host Motheo…
14 Jul 29 min

Macro Monday Ep123: Headwinds and tailwinds for global growth

Global GDP growth looks set to be around 3% this year, as the global economy deals with headwinds from a supply shock because of the war with Iran and tailwinds from artificial intelligence spending, says Chris Holdsworth, Chief Investment Strategist, at Investec Wealth & Investment International. While US and Chinese…
13 Jul 9 min

Macro Monday Ep122: Markets have a good first half of the year

Despite the war in the Gulf, the last six months have been good for global equities. While the US market’s performance has been in line with the overall global performance, the standout has been South Korea, which, says Chris Holdsworth, Chief Investment Strategist, at Investec Wealth & Investment International, has…
6 Jul 9 min