The Money Show’s Bruce Whitfield interviews Citadel Chief Strategist Dr Adrian Saville.
Saville discussed the following five ways in which Finance Minister Pravin Gordhan stepped up to save us from a downgrade:
Clarity of purpose and collective public gains.
Coherence in narrative and commitment to stay the course.
Zero tolerance in repair of state organs (SOEs, especially SAA’s board, as a case in point).
Cooling of hot money (R4-billion flowed in yesterday and 7% carry was wiped out by the rand’s fall).
- Call to action and power of unity/common purpose (especially for ratings agencies to see public-private cohesion).
Listen to the audio below for more detail.
Recommendedby THE NEWSROOM
Bruce Whitfield interviews business leaders for their response to the Hawks summons to Finance Minister Pravin Gordhan.
Gordhan has been ordered to report to the Hawks on Thursday for “warning statements”.
Nic Haralambous knows a thing or three about starting a small business with almost no money. He offers this advice…
Bruce Whitfield interviews Kirsten about his 30-year-long career and his new franchise concept, Keith Kirsten Garden Centre.
The Red Army liberated Auschwitz - Nazi Germany’s largest concentration camp – on this day, 72 years ago.
Boney M. dominates the airwaves (and instore radio) during the Christmas holidays. Music guru Sean Brokensha on how it happened…
Revelations published today show how the premier's sons and Free State govt appear heavily involved in the Gupta-owned companies.
The EFF lawyer stole the show during the state capture report court battle.
Flux Trends founder Dion Chang gives five reasons why he believes getting a degree is past its sell by date.
WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...
Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?
The National Student Financial Aid Scheme (NSFAS) will pilot a new funding model in 2017. NSFAS chairperson Sizwe Nxasana explains.