Global Investors are less 'headline grabby' than SA investors - Refilwe Moloto

Refilwe Moloto, Founder & Principal Advisor at Ambassador Advisory says international investors are not looking to punish South Africa for poor policy and that travel for ministers is frequently cancelled.

Finance Minister Pravin Gordhan arrived back in South Africa on Tuesday morning after being instructed to return from London by President Jacob Zuma.

Drawing on the impact this week's events on the rand and some of the speculation around Gordhan's request to return home, Moloto explains he is not the only minister who has ever been called home.

Global investors are not looking for reasons to punish South Africa for poor policy decisions. What they are really looking for is 'I would like some predictability, clarity and I'd like to be able to price my risk and I might even buy into you'.

Refilwe Moloto, Founder & Principal Advisor at Ambassador Advisory

The concern for them I think is that many had already priced in a bit of political uncertainty at the top in terms of those structures. What I think many of them are looking at now is a sense of whether this calling home and the imminent expected cabinet reshuffle signifies a significant move towards a little less independence in institutional structures.

Refilwe Moloto, Founder & Principal Advisor at Ambassador Advisory

We must caution against the daily moves, what we really worried about here is can we from a policy and long term perspective, protect South Africa from the eminent downgrade that we were able to avert in December.

Refilwe Moloto, Founder & Principal Advisor at Ambassador Advisory

Click on the link below to listen to the full audio...


Recommended

by NEWSROOM AI
Read More
'Aim of heritage management isn't to squash development in Bo-Kaap'

'Aim of heritage management isn't to squash development in Bo-Kaap'

Independent heritage consultant Quahnita Samie says the development project in Lion Street appears to be continuing after protests.

CT pupils ready for world robotics championships after winning nationals

CT pupils ready for world robotics championships after winning nationals

The team of pupils from the German School in Cape Town were crowned the 2018 National FLL champions this month.

Gordhan says he will begin a new chapter if he is sacked as Finance Minister

Gordhan says he will begin a new chapter if he is sacked as Finance Minister

The press took an opportunity to speak to the minister at Ahmed Kathrada's funeral service at Westpark cemetery on Wednesday.

Business community concerned about rumours of Gordhan removal

Business community concerned about rumours of Gordhan removal

BLSA's Mark Lamberti says stable finance ministry is applauded by local and international investors and no disruption is needed.

Gordhan gets standing ovation amid Cabinet reshuffle speculations

Gordhan gets standing ovation amid Cabinet reshuffle speculations

The Cabinet meeting will take place later today after the funeral of struggle veteran Ahmed Kathrada.

"Jacob Zuma doesn't care about ANC and South Africa"

"Jacob Zuma doesn't care about ANC and South Africa"

Political analyst Prince Mashele says the ANC has to teach President Zuma a lesson if he reshuffles Cabinet to benefit himself.

Popular articles
Adriaan Basson the second journalist to lay a charge against an EFF member

Adriaan Basson the second journalist to lay a charge against an EFF member

Earlier on Friday, Karima Brown laid a charge of intimidation against a party member who sent her what she says is a threatening text.

'Love your vulva the way it is' - Designer vaginas are dangerous, warns Dr Eve

'Love your vulva the way it is' - Designer vaginas are dangerous, warns Dr Eve

So-called 'designer vaginas' are created through various surgical or non-surgical procedures, explains clinical sexologist Dr Eve.

Two Gauteng mayors before ANC Integrity Commission for hampering VBS probe

Two Gauteng mayors before ANC Integrity Commission for hampering VBS probe

The ANC says this decision was taken because the two are said to be frustrating forensic investigations.

'Cyril is the most popular president since Nelson Mandela'

'Cyril is the most popular president since Nelson Mandela'

Author Max de Preez weighs in on where SA would be if Jacob Zuma was still president and the impact of Ramaphosa now.

Kirstenbosch curator's widow thanks hospital's 'unsung heroes'

Kirstenbosch curator's widow thanks hospital's 'unsung heroes'

Kirstenbosch National Botanical Gardens curator Phillip Le Roux died on Wednesday after a horrific cycling accident.

Here is what to do if you're affected by driving licence backlog

Here is what to do if you're affected by driving licence backlog

The WC Traffic Department has made provisions to cater for motorists affected by the backlog with the issuing of driving licences.

[WATCH] Nativity play turns hilariously violent as fight for baby Jesus ensues

[WATCH] Nativity play turns hilariously violent as fight for baby Jesus ensues

Khabazela shares tweets and Facebook posts that have gone viral.

CapeTalk welcomes Lester Kiewit to line-up

CapeTalk welcomes Lester Kiewit to line-up

Well-known Cape Town broadcast journalist, Lester Kiewit will be back on the radio in the new year.