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Africa investment report sees South Africa slipping down the rankings

11 February 2020 8:29 PM
Tags:
NPA
SARS
Ivan Pillay
Sars rogue unit
The Money Show interviews RMB's Neville Mandimika about the Where to Invest in Africa report.

South Africa's capital markets has been one of the bastions of excellence in an economy that's struggling to hold its head up across the African continent.

In the latest investment report South Africa started slipping down the ranking a bit.

The Money Show’s Bruce Whitfield interviews Neville Mandimika about the Africa investment report 2020.

Unfortunately we don't have any good news to share about how SA stacks up against the rest of the continent. Some of the issues that we've seen here - Eskom, SAA - are starting to reflect, relative to countries like Egypt and Morocco.

Neville Mandimika, Africa Analyst - Global Markets division, Rand Merchant Bank

It is the one thing that still holds us in good favour when it comes to some of these markets.

If you look at SA relative to Nigeria it's unrivalled - the depth and breadth of the capital markets here.

But we have to balance this.

I mean if your financial markets cannot really support economic growth, for how long can we continue on this path?

Neville Mandimika, Africa Analyst - Global Markets division, Rand Merchant Bank

Listen to the sound clip below.

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


11 February 2020 8:29 PM
Tags:
NPA
SARS
Ivan Pillay
Sars rogue unit

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