Ramaphosa: 'Don't be discouraged by lacklustre economic growth'

Loading player...
JOHANNESBURG — President Cyril Ramaphosa addressed the now-annual pre-WEF briefing that happens each year before our politicians fly over to Davos. This year's pre-WEF meet was a very different one to the one I attended last year. For starters, the venue was different. Last year, it was held in one of the big ballrooms in the Hilton Hotel in downtown Sandton - this time it was held in a much smaller venue in the Crowne Plaza Hotel in Rosebank. I was told that Ramaphosa prefers the Crowne Plaza as it's closer to his home in Hyde Park (I don't know how true this is as I imagine he's equidistance between both hotels). Nevertheless, another major difference was that this time last year we still had Malusi Gigababa as FinMin. These days, we have Tito Mboweni who slipped in late to the pre-WEF briefing in Rosebank on Wednesday and quietly sat in the back, unassuming. But lastly, the major difference that I observed was that Ramaphosa this year looked much more tired - last year he had a skip in his step amid Ramaphoria. Regardless, he's still a good speaker and very much provides the rational perspective on things. - Gareth van Zyl Learn more about your ad choices. Visit megaphone.fm/adchoices
16 Jan 2019 8AM English South Africa Investing · Business News

Other recent episodes

Why Jakkie Cilliers (ISS) guarantees Africa in 2050 will be far more stable than today

At a time when news headlines across Africa highlight political friction, economic distress and security concerns, a guarantee of better times ahead may sound almost provocatively optimistic. Yet Dr Jakkie Cilliers, founder of the Institute for Security Studies and head of its African Futures and Innovation Programme, bases that guarantee…
25 Sep 5AM 35 min

Andy Calitz on Eskom, the job he didn't get, and what came next

He was on the shortlist to run Eskom and lost out to André de Ruyter. Years later, Andy Calitz, who ran South Africa's transmission grid before a career that took him from Shell to Gazprom's control room and the helm of LNG Canada, still thinks about it most weeks. In…
25 Sep 3AM 55 min

Warren Wheatley breaks his silence on his FSCA debarment

Three trades, R301 in total, and a 20-year ban from the financial sector. Warren Wheatley, the chartered accountant who helped put together the Capitec empowerment deal and went on to found Altvest, now Africa Bitcoin Corporation, broke his silence to Alec Hogg days after resigning as CEO. The FSCA says…
23 Sep 12PM 54 min

Brent Bozell on the US-South Africa breakdown

Six months after warning a Hermanus room full of business leaders that Washington's patience was wearing thin, US Ambassador Brent Bozell returned to BizNews to explain what happened next. Five asks, a 15-day deadline and a six-page reply that, in his words, answered none of them. The result: visa bans…
23 Sep 10AM 40 min