Business Day invited a wide range of analysts to offer a breakdown of the policy statement
25 October 2022 - 17:12
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Business Day hosted a Twitter Space discussion on Wednesday, October 26, after finance minister Enoch Godongwana’s medium-term budget policy statement (MTBPS) presentation.
We invited a wide range of analysts to give us a breakdown of the policy statement — in terms of spending priorities and how the Treasury plans to spend a revenue overrun of about R100bn — and what this means for the overall standing of the fiscus.
Major discussion points included the percentage of Eskom debt moved to the fiscus and what that means for credit ratings. Other talking points included decisions that were made about the social distress of relief grant, public-sector wages, as well as climate financing — all issues on which investors have kept a close eye.
The conversation was moderated by Peter Bruce, former editor-at-large at Arena Holdings (formerly Tiso Blackstar) and editor-in-chief of Business Day and Financial Mail; and ABC, the broadcaster of the Business Day TV, Home Channel and Ignition channels.
Panellists included the following people:
• Prof Iraj Abedian, founder and executive chair of Pan-African Capital Holdings and former economics professor at UCT.
• Gina Schoeman, MD at Citi. Schoeman is consistently top-rated in local and global analyst rankings and is passionate about mentoring young professionals and promoting gender equality.
• Sam Mkokeli, journalist and politics researcher who has worked as political editor of Business Day in the past and now contributes to Business Day, Financial Mail and the Sunday Times.
• Lonwabo Maqubela, a portfolio manager and deputy chief investment officer at Perpetua, an independent, owner-managed boutique investment management firm. He has more than 15 years’ investment management experience.
• Mamokete Lijane, a fixed-income sales and macro strategist at Absa CIB with 20 years’ experience as an analyst in financial markets. Lijane has a deep interest in the intersection between public policy, economics and financial markets, and has a B.BusSc degree from UCT and an MBA from GIBS. She is a CFA Charterholder.
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
MTBPS post-budget Twitter Space
Business Day invited a wide range of analysts to offer a breakdown of the policy statement
Business Day hosted a Twitter Space discussion on Wednesday, October 26, after finance minister Enoch Godongwana’s medium-term budget policy statement (MTBPS) presentation.
We invited a wide range of analysts to give us a breakdown of the policy statement — in terms of spending priorities and how the Treasury plans to spend a revenue overrun of about R100bn — and what this means for the overall standing of the fiscus.
Major discussion points included the percentage of Eskom debt moved to the fiscus and what that means for credit ratings. Other talking points included decisions that were made about the social distress of relief grant, public-sector wages, as well as climate financing — all issues on which investors have kept a close eye.
The conversation was moderated by Peter Bruce, former editor-at-large at Arena Holdings (formerly Tiso Blackstar) and editor-in-chief of Business Day and Financial Mail; and ABC, the broadcaster of the Business Day TV, Home Channel and Ignition channels.
Panellists included the following people:
• Prof Iraj Abedian, founder and executive chair of Pan-African Capital Holdings and former economics professor at UCT.
• Gina Schoeman, MD at Citi. Schoeman is consistently top-rated in local and global analyst rankings and is passionate about mentoring young professionals and promoting gender equality.
• Sam Mkokeli, journalist and politics researcher who has worked as political editor of Business Day in the past and now contributes to Business Day, Financial Mail and the Sunday Times.
• Lonwabo Maqubela, a portfolio manager and deputy chief investment officer at Perpetua, an independent, owner-managed boutique investment management firm. He has more than 15 years’ investment management experience.
• Mamokete Lijane, a fixed-income sales and macro strategist at Absa CIB with 20 years’ experience as an analyst in financial markets. Lijane has a deep interest in the intersection between public policy, economics and financial markets, and has a B.BusSc degree from UCT and an MBA from GIBS. She is a CFA Charterholder.
Listen to the full Twitter Space debate here.
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