NOW Ep104: How South Africa can shift gears for growth

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South Africa has spent more than a decade in economic drift – growing slower than its emerging market peers, losing investor confidence, and missing out on vital tax revenue. So, how do we get back on track? In this episode of No Ordinary Wednesday, Jeremy Maggs is joined by Cumesh Moodliar, CEO of Investec South Africa, and Osagyefo Mazwai, Investment Strategist at Investec Wealth & Investment International, to unpack the hard truths, and outline a roadmap to recovery and long-term prosperity.

Podcast key moments:
00:00 – Introduction
02:09 – How will the latest tariffs announced by US President Donald Trump affect the South African economy?
04:36 - How do you interpret the opportunity cost of the lost decade of growth in SA?
07:27 - What should the number one priority be for government?
09:30 – Why is boosting confidence is one of the most powerful levers for growth?
10:27 - What specific reforms do you think will signal that SA is open for business?
12:28 – Has SA we missed the golden opportunity with the commodity boom?
13:59 - How vulnerable is SA to these pressures, and could they complicate our domestic growth strategy?
17:38 - Can current composition of the GNU accelerate reforms quickly enough to match the urgency economic growth?
20:10 - How does South Africa avoid getting left behind in the fight for capital, trade and competitiveness?
21:19 – Is South Africa an attractive investment destination?
22:52 - What could South Africa look like in 2035?
Read more on www.investec.com/now

Hosted by seasoned broadcaster, Jeremy Maggs, the No Ordinary Wednesday podcast unpacks the latest economic, business and political news in South Africa, with an all-star cast of investment and wealth managers, economists and financial planners from Investec. Listen in every second Wednesday for an in-depth look at what's moving markets, shaping the economy, and changing the game for your wallet and your business.
Chapters
  • 00:00 Introduction
  • 02:09 How will the latest tariffs announced by US President Donald Trump affect the South African economy?
  • 04:36 How do you interpret the opportunity cost of the lost decade of growth in SA?
  • 07:27 What should the number one priority be for government?
  • 09:30 Why is boosting confidence is one of the most powerful levers for growth?
  • 10:27 What specific reforms do you think will signal that SA is open for business?
  • 12:28 Has SA we missed the golden opportunity with the commodity boom?
  • 13:59 How vulnerable is SA to these pressures, and could they complicate our domestic growth strategy?
  • 17:38 Can current composition of the GNU accelerate reforms quickly enough to match the urgency economic growth?
  • 20:10 How does South Africa avoid getting left behind in the fight for capital, trade and competitiveness?
  • 21:19 Is South Africa an attractive investment destination?
  • 22:52 What could South Africa look like in 2035?
8 Jul 2025 English South Africa Business · Investing

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