Andrew Canter upbeat about direction SA's going, despite its economic challenges

Loading player...
JOHANNESBURG — The Chief Investment Office of Futuregrowth, Andrew Canter, was in the spotlight in 2016 when the fund manager took the unprecedented step of halting lending to six major SOEs. After reviewing these SOEs and conducting further reviews, Futuregrowth cleared some of them. Earlier this year, Futuregrowth also made the news again when it released a report entitled ‘SOE Governance Unmasked’, in which it decried the lack of transparency at SOEs in South Africa, especially for those companies with listed bonds. In this interview then, Canter provides updates on these two previous developments as well as his views on why he's still positive about South Africa, despite a current technical recession and a weak rand. (I apologise for some small parts of the audio where my dog can be heard barking in the background. The interview is so good that I couldn't cut it out!) - Gareth van Zyl Learn more about your ad choices. Visit megaphone.fm/adchoices
6 Sep 2018 6AM English South Africa Investing · Business News

Other recent episodes

Helen Zille on Joburg, coalitions and the price of power

She said she hadn't exchanged a single word with the ANC about a post-election deal. Helen Zille then told Alec Hogg who she thought was talking to them. The DA's Johannesburg mayoral candidate took on Corné Mulder's claim of a backdoor ANC pact and compared Gayton McKenzie's Patriotic Alliance to…
25 Sep 12PM 34 min

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