‘We need assurances that fiscal discipline will remain a priority’ - Asisa

The Association for Savings and Investment South Africa has expressed "grave concern" over the impact of the unexpected removal of Nhlanhla Nene as Finance Minister.

The Money Show’s Bruce Whitfield interviewed Leon Campher, CEO of Asisa.

Scroll down for quotes from the audio below.

The timing is unbelievably unfortunate, just after we’ve had a downgrade.

Leon Campher, CEO of Asisa

We are urging the new minister to meet with Business.

Leon Campher, CEO of Asisa

We need assurances that fiscal discipline will remain a priority.

Leon Campher, CEO of Asisa

A very large percentage of the JSE is in pension funds.

Leon Campher, CEO of Asisa

A collapse of the JSE will have wide-ranging effects on many, many people.

Leon Campher, CEO of Asisa

There were buyers today. For the average investor I don’t suggest disinvesting.

Leon Campher, CEO of Asisa

Subscribe to our Business Wrap Newsletter

CapeTalk welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the CapeTalk community a safe and welcoming space for all.

CapeTalk reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

CapeTalk is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
Bloomberg makes fishy discovery when visiting Charles King (new owner of Tegeta)

Bloomberg makes fishy discovery when visiting Charles King (new owner of Tegeta)

Why is its registered address that of a violin shop? Bruce Whitfield interviews Intellidex’s Stuart Theobald.

Meet Jonathan Ball, founder of South Africa’s leading publisher of English books

Meet Jonathan Ball, founder of South Africa’s leading publisher of English books

The Money Show’s Bruce Whitfield interviews Ball, who created Jonathan Ball Publishers 41 years ago.

David van Rooyen promises to make Treasury 'more accessible'

David van Rooyen promises to make Treasury 'more accessible'

New finance minister, David van Rooyen, has promised to make Treasury "more accessible" at his swearing in ceremony at the Union Buildings.

Did Nene's stance on Airbus and nuclear deals lead to his downfall?

Did Nene's stance on Airbus and nuclear deals lead to his downfall?

Speculation is rife that Nhanhla Nene was recalled from his portfolio for challenging SAA's Airbus deal and the controversial nuclear programme.

SA's new finance minister David van Rooyen leaves investors with uncertainty

SA's new finance minister David van Rooyen leaves investors with uncertainty

"There is a lot more uncertainty with the appointment of someone who has no executive training and without enough experience", says Peter Attard Montalto.

'Zuma had to choose between Myeni and Nene'

'Zuma had to choose between Myeni and Nene'

Business Day editor Songezo Zibi says President Jacob Zuma, in removing Nhlanhla Nene and keeping Dudu Myeni, chose the way he has always done.

Popular articles
NSRI has freed False Bay whale entangled in ropes

NSRI has freed False Bay whale entangled in ropes

NSRI has manged to free a southern right whale entangled in ropes in Fish Hoek, False Bay.

Local desalination company says no to small-scale tender

Local desalination company says no to small-scale tender

Tom Callaghan at Grahamtek says desalination tender is not viable for business but will bid for the large-scale land based plant.

Snakes on a plein: Drought to push snakes closer to properties

Snakes on a plein: Drought to push snakes closer to properties

Snake catcher Shaun McCleod says about 99% of snakes in the WC are just looking for food.

Vodacom to reimburse customers by end of the morning

Vodacom to reimburse customers by end of the morning

Spokesperson Byron Kennedy says the problem was a configuration change on their billing system.

5 reasons why South Africa granted Grace Mugabe diplomatic immunity

5 reasons why South Africa granted Grace Mugabe diplomatic immunity

 Simon Allison, Africa Editor at the Mail & Guardian explains the political considerations behind Mugabe's diplomatic immunity.

"ANN7 and  New Age sale is effectively a transaction between  Manyi and Guptas"

"ANN7 and New Age sale is effectively a transaction between Manyi and Guptas"

Phillip de Wet, Associate Editor at Mail & Guardian breaks down the sale of Gupta owned ANN7 TV Station and The New Age paper.

This is incredibly embarrassing for both countries - SAIIA Head of Governance

This is incredibly embarrassing for both countries - SAIIA Head of Governance

On Saturday international relations minister Maite Nkoane-Mashabane granted diplomatic immunity to Grace Mugabe.

Meet Bonang Mohale, BLSA's outspoken (‘don’t blame colonialism’) Chairperson

Meet Bonang Mohale, BLSA's outspoken (‘don’t blame colonialism’) Chairperson

The Money Show’s Bruce Whitfield interviews Business Leadership South Africa’s Mohale for his weekly “ShapeShifter” feature.