Preview of the 2024 Medium-Term budget policy statement.

Loading player...
GUEST – Johann Els, Group Chief Economist at Old Mutual

As South Africa awaits the 2024 Medium-Term Budget Policy Statement (MTBPS), there is cautious optimism about the country's economic trajectory. The recent shifts in fiscal strategy, driven by ongoing reforms and an improved political landscape, signal that we are edging closer to a new phase of stability and growth. This year, the MTBPS comes amidst decreasing inflation, still high but gradually lower interest rates and a strengthened Rand. According to Johann Els, Group Chief Economist at Old Mutual, the MTBPS is expected to showcase continued fiscal consolidation efforts and policy reforms aimed at narrowing the budget deficit and stabilising the debt ratio over the coming years.
29 Oct 2024 3PM English South Africa Business News · Investing

Other recent episodes

DNI’s R2 Billion Connectivity Push in South Africa

DNI is deploying over R2 billion to expand connectivity, acquire telecoms assets, and deepen digital and financial inclusion across South Africa. CEO Dr Ryan Noach explains the investment thesis, the acquisition pipeline, and how connectivity drives jobs, SME growth and economic participation. A strategic look at one of SA’s biggest…
15 Sep 1PM 16 min

Attacq FY’2026 DIPS up 15.5% as R2.2bl Development Pipeline Takes Off

Attacq delivered a 15.5% jump in normalised DIPS and a 17.2% rise in dividends, anchored by Waterfall City’s development engine. CFO Peter de Villiers unpacks occupancy strength, capital discipline, renewable‑energy investment, and the R2.2 billion development pipeline reshaping the precinct. A deep dive into how Attacq continues to deliver resilience…
15 Sep 1PM 13 min

El Niño Returns: Why SA Agriculture Is Ready

El Niño is back — but unlike previous drought cycles, South Africa enters the 2026/27 season with record soil moisture, dam levels at 95.5%, improved grain stocks and strong veld conditions. Absa AgriBusiness’ Loffie Brandt explains why the sector is better positioned, what risks remain, how rainfall timing and extreme…
14 Sep 2PM 9 min

Google SA on Practical AI Adoption

Ahead of the Nedbank IMC, Google SA’s Kabelo Makwane explains why many organisations remain stuck in AI pilot mode — and what separates those extracting measurable value. He breaks down leadership mindset, organisational readiness, responsible adoption, and how marketers can use AI to drive customer value, personalisation and growth.
14 Sep 1PM 21 min

DBSA Delivers R7.8bn Profit: Inside the Numbers

The DBSA has posted one of its strongest financial performances in recent years — net profit up 47% to R7.8bn, operating income up 21.7%, and disbursements rising to R20.7bn. But the picture includes rising NPLs, higher expected credit losses and liquidity pressure. CEO Boitumelo Mosako unpacks the drivers behind the…
14 Sep 12PM 19 min