Today's Big Stories

Why Pravin Gordhan is 'a safe pair of hands' for SA's economy

Finance Minister Pravin Gordhan says that he returns to Treasury at a much more difficult time than in his first tenure as Finance Minister, with South Africa being affected by a volatile economic climate.

However, Group Chief Economist at Standard Bank, Goolam Ballim, said that Gordhan’s re-appointment has restored confidence in South Africa’s economy.

He is intellectually and technically suitable. He is a safe pair of hands and secure in his office.

Goolam Ballim, Group Chief Economist at Standard Bank

Listen to the full conversation from CapeTalk's Breakfast with Kieno Kammies:

It has injected a semblance of confidence and consistency. Confidence that we have a man at the helm who understands the nature of financial markets, the economy's potential and limits, as well as global relations.

Goolam Ballim, Group Chief Economist at Standard Bank

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