Streaming issues? Report here
money-show-thumbnailjpg money-show-thumbnailjpg
The Money Show with Bruce Whitfield
18:00 - 20:00
volume_up
volume_mute

Up Next: The Aubrey Masango Show
See full line-up
The Money Show with Bruce Whitfield
18:00 - 20:00
Home
arrow_forward
Business

'SA Inc. is starting to lose faith in President Cyril Ramaphosa'

14 March 2019 7:03 PM
Tags:
Cyril Ramaphosa
Investment
The Money Show
Ferial Haffajee
Business Confidence
Bruce Whitfield
RMB Business Confidence Index

Ramaphosa has promised a tsunami of investment yet, as a percentage of GDP, it’s at a 13-year low, says Ferial Haffajee.
President Cyril Ramaphosa. Picture: GCIS

They [business leaders Whitfield speaks to] are not saying it in as many words, but he’s the best of a bad bunch as yesterday’s elections list attested to…

Bruce Whitfield, The Money Show

SA Inc. is losing faith in President Cyril Ramaphosa, wrote Ferial Haffajee in an article on Fin24 on Thursday.

The RMB Business Confidence Index is at a two-year low.

Ramaphosa has promised a tsunami of investment yet, as a percentage of GDP, it’s at a 13-year low (Q3/2018).

He should sit up and take notice, wrote Haffajee, because he needs the private sector to pull South Africa from its near decade-long economic slump.

The Money Show’s Bruce Whitfield interviewed Haffajee.

Listen to the interview in the audio below (and scroll down for more quotes from it).

He [Ramaphosa] counts it [business] as his constituency…

Ferial Haffajee, Fin24

The President is becoming unreadable…

Ferial Haffajee, Fin24

You don’t really see those big investment promises coming through yet...

Ferial Haffajee, Fin24

He is at least 15 percentage points as a person more popular than his party…

Ferial Haffajee, Fin24

People are beginning to lose patience…

Ferial Haffajee, Fin24

We are unclear on exactly what’s going to happen at Eskom… as a citizen I don’t think we have a clear plan…

Ferial Haffajee, Fin24

Get the 10 most-read articles of the week from Bruce Whitfield’s The Money Show, emailed to you every Friday morning:


14 March 2019 7:03 PM
Tags:
Cyril Ramaphosa
Investment
The Money Show
Ferial Haffajee
Business Confidence
Bruce Whitfield
RMB Business Confidence Index

More from Business

premier-alan-winde-cticc-covid-19-hospitaljpg

Premier Winde calls for alcohol sales ban to be lifted in WC

7 August 2020 5:32 PM

Following a cabinet meeting, Winde said that the province had sufficient health capability to manage COVID-19 patients.

Share this:
Read More arrow_forward

mos-crib-thumbnail-unfilteredjpg

Our Nedbank Business Ignite winners want to do business with YOU!

7 August 2020 9:18 AM

From 50 finalists the three winners have been selected and they represent top adaptive thinking in business right now.

Share this:
Read More arrow_forward

performance-3202707-1920jpg

Nigerian Afrobeats star aims to raise $20m to fund the continent's musicians

6 August 2020 9:03 PM

'Mr Eazi' launched the Africa Music Fund to support the continent's creative talent. Bruce Whitfield interviews Lee Kasumba.

Share this:
Read More arrow_forward

oranges-1117628-1920jpg

Good news for local citrus industry: Bumper season expected for US exports

6 August 2020 8:38 PM

Justin Chadwick (Citrus Growers' Association) says it's all thanks to the perceived immune-boosting attraction of Vitamin C.

Share this:
Read More arrow_forward

liquor-store-sales-wine-champagne-mmc-brut-bubbly-alcohol-booze-drinking-123rf

Former Shoprite CEO joins court battle against alcohol ban - Govt is too slow!

6 August 2020 7:36 PM

Bruce Whitfield interviews Whitey Basson, who believes it's just not good enough for govt to say ban will be lifted but not when.

Share this:
Read More arrow_forward

MTN-cellphone-network-service-provider-data-airtime-calls-123rf

MTN to quit Middle East to focus on Africa

6 August 2020 6:55 PM

Bruce Whitfield talks to MTN CFO Ralph Mupita about the reasons for the move and the company's huge profit increase.

Share this:
Read More arrow_forward

afrika-tikkunjpg

SA needs 'the Madiba compassion' more than ever now, says Afrika Tikkun CEO

5 August 2020 8:54 PM

Marc Lubner on the NGO's programmes for young South Africans and how working with Nelson Mandela inspired his life's work.

Share this:
Read More arrow_forward

car insurance short-term cover 123rfbusiness 123rflifestyle 123rf

Why it's a bad idea to ditch or downgrade your car insurance to save on costs

5 August 2020 8:21 PM

Involved in an accident you didn't cause? Third party claims don't pay out much. Wendy Knowler shares one driver's horror story.

Share this:
Read More arrow_forward

liberty-ceo-david-munrojpg

Liberty reports R2.2b loss amid pandemic, but 'capital ratio remains strong'

5 August 2020 7:53 PM

Liberty's David Munro tells The Money Show its R3b pandemic reserve shows the insurer 'truly living out its purpose'.

Share this:
Read More arrow_forward

Crisis just ahead dark clouds thunderstorm 123rf 123rfbusiness

A warning for the future, we do not think enough about our actions

5 August 2020 7:15 PM

Despite being one of the few animals that think about the future, we don’t think far enough

Share this:
Read More arrow_forward