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Investors urged to join Global Investor Call

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Investors urged to join Global Investor Call:

National Treasury has encouraged investors, who are interested in participating in the upcoming Global Investor Call (GIC) after the tabling of the Budget, to submit questions through the respective Goldman Sachs or Investec representatives.

The Minister of Finance, Enoch Godongwana, will table the 2025 Budget to Parliament on Wednesday, 12 March 2025.

“The Republic of South Africa, rated Ba2 (stable) by Moody’s Investors Service Incorporated, BB- (positive) by S&P Global Ratings and BB- (stable) by Fitch Ratings (Hong Kong) Limited, has mandated Goldman Sachs International and Investec Bank Limited, alongside their empowerment partners, Vunani Capital Partners and Cinga Capital, to arrange a non-deal Global Investor Call (“GIC”) scheduled for Wednesday, 12 March 2025 at 16:00 SAST / 14:00 GMT / 09:00 EST,” National Treasury said on Friday.

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

It said the GIC will be followed by a series of in-person fixed income investor update meetings in Cape Town on Thursday, 13 March 2025, and Friday, 14 March 2025, and in Johannesburg on Friday, 28 March 2025. 

“Investec will be arranging logistics. Details of in-person fixed income investor update meetings internationally will be communicated to the market in due course. 

“There will be an open Q&A session during the GIC, and the Republic of South Africa also welcomes the pre-submission of questions through the respective Goldman Sachs or Investec representatives,” National Treasury said.

Representatives can be contacted as follows:

Goldman Sachs International:

Investec Bank Limited:

  • Name: Leanne Large
  • Email address: Leanne.Large@investec.com
  • Contact details: +27 82 494 8804

Link to pre-register (Recommended):

https://www.netroadshow.com/events/login?show=367d0b60&confId=78851

Link for the audio replay (only available following the GIC): https://www.netroadshow.com/events/login?show=367d0b60&confId=78851

Following the tabling of the 2025 Budget, a presentation will be available on National Treasury’s website:

https://shorturl.at/1VyCh

During the Budget the Finance Minister will to outline the financial, economic and social commitments that government would prioritise in its planned expenditure as part of the 2025 Budget Speech.

He will indicate the allocation of financial resources to the national government’s priorities outlined by President Cyril Ramaphosa in the State of the Nation Address. – SAnews.gov.za

Watch a Investors urged to join Global Investor Call related video:

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Africa’s Economic Heartbeat and the JSE

Johannesburg is the undisputed financial capital of the African continent. It is classified as an “Alpha Global City,” meaning it plays a primary role in the global economic network. The city generates roughly 16% of South Africa’s GDP and is the headquarters for 74% of the major multinational companies operating in Sub-Saharan Africa.

At the center of this economic power is the Johannesburg Stock Exchange (JSE). Founded in 1887, just one year after the city’s birth, the JSE was initially a way to raise capital for deep-level mining. Today, it is the largest stock exchange in Africa and ranks among the top 20 in the world by market capitalization. The financial district has moved from the historic city center to Sandton, an area often called “Africa’s Richest Square Mile.” This shift reflects Johannesburg’s evolution from a rough-and-tumble mining camp into a sophisticated service-and-finance economy. Despite the decline in actual mining, the city remains the “command and control” center for the continent’s mineral wealth, telecommunications, and banking sectors.