NOW Ep104: How South Africa can shift gears for growth

Loading player...
South Africa has spent more than a decade in economic drift – growing slower than its emerging market peers, losing investor confidence, and missing out on vital tax revenue. So, how do we get back on track? In this episode of No Ordinary Wednesday, Jeremy Maggs is joined by Cumesh Moodliar, CEO of Investec South Africa, and Osagyefo Mazwai, Investment Strategist at Investec Wealth & Investment International, to unpack the hard truths, and outline a roadmap to recovery and long-term prosperity.

Podcast key moments:
00:00 – Introduction
02:09 – How will the latest tariffs announced by US President Donald Trump affect the South African economy?
04:36 - How do you interpret the opportunity cost of the lost decade of growth in SA?
07:27 - What should the number one priority be for government?
09:30 – Why is boosting confidence is one of the most powerful levers for growth?
10:27 - What specific reforms do you think will signal that SA is open for business?
12:28 – Has SA we missed the golden opportunity with the commodity boom?
13:59 - How vulnerable is SA to these pressures, and could they complicate our domestic growth strategy?
17:38 - Can current composition of the GNU accelerate reforms quickly enough to match the urgency economic growth?
20:10 - How does South Africa avoid getting left behind in the fight for capital, trade and competitiveness?
21:19 – Is South Africa an attractive investment destination?
22:52 - What could South Africa look like in 2035?
Read more on www.investec.com/now

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.
Chapters
  • 00:00 Introduction
  • 02:09 How will the latest tariffs announced by US President Donald Trump affect the South African economy?
  • 04:36 How do you interpret the opportunity cost of the lost decade of growth in SA?
  • 07:27 What should the number one priority be for government?
  • 09:30 Why is boosting confidence is one of the most powerful levers for growth?
  • 10:27 What specific reforms do you think will signal that SA is open for business?
  • 12:28 Has SA we missed the golden opportunity with the commodity boom?
  • 13:59 How vulnerable is SA to these pressures, and could they complicate our domestic growth strategy?
  • 17:38 Can current composition of the GNU accelerate reforms quickly enough to match the urgency economic growth?
  • 20:10 How does South Africa avoid getting left behind in the fight for capital, trade and competitiveness?
  • 21:19 Is South Africa an attractive investment destination?
  • 22:52 What could South Africa look like in 2035?
8 Jul 2025 English South Africa Business · Investing

Other recent episodes

Macro Monday Ep117: Tech sector lifts emerging markets

While the tech sector has been a well-known driver of earnings and performance on Wall Street, it’s also been the major contributor to emerging markets as well. Chris Holdsworth, Chief Investment Strategist, at Investec Wealth & Investment International says that’s largely to the contributions of TSMC in Taiwan and Samsung…
1 Jun 11 min

Macro Monday Ep116: Don’t expect much lower energy prices soon

US President Donald Trump announced over the weekend that the US and Iran were close to finalising a deal to end the war. However, notes Investment Strategist Osa Mazwai, even if the Strait of Hormuz were to be reopened completely, it will take some time for traffic to return to…
25 May 11 min

Wine in Focus | Inside the judging room: How wines win

Ever wondered what actually happens behind closed doors at a wine competition? How do judges decide what makes a wine exceptional and what separates a gold medal from the rest? In this episode of Wine in Focus, Palesa Mapheelle is joined by local wine doyenne, Michael Fridjhon and Wine Master…
20 May 27 min

NOW Ep 127: The Everything Shock

What began as a geopolitical conflict is rapidly becoming something much larger. Oil is only one part of the story. Natural gas, fertilisers, chemicals, shipping routes, aluminium, aviation fuel and global supply chains are all now being affected by the fallout from the Iran war. In the latest episode of…
20 May 27 min