INVESTOR CONFERENCE
Team SA not at full strength in New York meeting
JSE CEO Nicky Newton-King says there has been plenty of interest from US investors
A finance ministry request to hold the annual New York investor conference later than usual in 2017 means that some of the large listed companies that attended previous conferences will not be there. But ahead of the fifth SA Tomorrow investor conference, which starts in New York on Wednesday evening, JSE CEO Nicky Newton-King said on Tuesday that there had been plenty of interest from US investors and that SA needed to be out there talking to investors, despite a challenging context. The conference, which provides a platform for South African business and government leaders to meet large US fund managers, has traditionally been held just before the IMF-World Bank annual meetings in Washington, but Finance Minister Malusi Gigaba’s team asked that it be scheduled after the medium-term budget in 2017. That means that some of the JSE-listed companies that usually attend will be in the midst of board and annual general meeting cycles and cannot attend. The CEOs of 16 JSE-listed companie...
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