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Call for global investors to register for post MTBPS engagement

Advertorial:
Call for global investors to register for post MTBPS engagement:

Thursday, October 24, 2024

Global investors, who wish to participate in engagements on the Medium-Term Budget Policy Statement (MTBPS) after it has been delivered by the Minister of Finance, have been encouraged to register for the roadshows that will be led by National Treasury.

Finance Minister Enoch Godongwana will present the 2024 Medium Term Budget Policy Statement (2024 MTBPS) to Parliament on Wednesday, 30 October 2024.

“The Republic of South Africa, rated Ba2/BB-/BB- (Moody’s/S&P/Fitch) has mandated Absa and J.P. Morgan to arrange a Global Investor Call (GIC) and a non-deal domestic roadshow to engage investors post tabling the MTBPS,” National Treasury said on Thursday.

The GIC is scheduled for Wednesday, 30 October 2024 at 16:00 SAST / 14:00 GMT / 10:00 EST, followed by a series of in-person fixed income investor update meetings in Cape Town on Thursday, 31 October 2024, and Friday, 1 November 2024, and in Johannesburg on Monday, 4 November 2024. Absa will be arranging logistics. 

The GIC and investor meetings will be led by the National Treasury Director-General, Dr Duncan Pieterse, and will be supported by senior officials.

The in-person international investor meetings will commence in New York on Monday, 18 November 2024, and in Boston on Tuesday, 19 November 2024, followed by investor meetings in London on Thursday, 21 November 2024, and Friday, 22 November 2024. J.P. Morgan will be arranging logistics. 

This is part of National Treasury’s regular post-Budget and MTBPS investor engagements.

The link to pre-register for GIC is https://www.netroadshow.com/events/login?show=b14749a4&confId=71747.
– SAnews.gov.za

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Constitution Hill: Great African Steps

One of the most moving features of the site is the Great African Steps, a walkway that runs between the dark, stone walls of the Number Four prison and the transparent glass of the new court. It represents the “bridge” between the old South Africa and the new. At the top of these steps, tucked into one of the four remaining stairwells of the demolished Awaiting Trial Block, burns the Flame of Democracy. Lit by Nelson Mandela in 2011 to mark the 15th anniversary of the Constitution, this perpetual flame serves as a constant reminder that the light of freedom must never again be extinguished in Johannesburg.