Peter Attard Montalto: Resistance is futile. Jacob Zuma doesn't care, in full control.

Loading player...
For some months already, Nomura's emerging markets investment economist Peter Attard Montalto has painted a bearish picture for SA-optimists. He's also been depressingly accurate. The city of London's go-to man on the pricing of SA assets correctly forecast the firing of Pravin Gordhan; a continued expansion of the Zuptoids; and the inability of the president's enemies to eject the corrupted president. He expects the country's most likely future to be a continuation of a status quo where Zuma's ex-wife gets to succeed him, the politically connected continue to plunder, the ANC continues to rule, the SA economy keeps sliding, unemployment rises still further, and the value of SA assets deteriorates. Ready to slit your wrists? Not just yet - there is a ray of hope. This most rational of beings reckons if citizens turn out in the millions on Friday to protest, then his likely scenario would change. If you didn't already realise how much is at stake, have a close listen. - Alec Hogg
5 Apr 2017 10AM English South Africa Investing · Business News

Other recent episodes

Herman Mashaba: Come 2025 – we will remove the ANC

Entrepreneur and former Mayor of Johannesburg Herman Mashaba is an independent politician. After resigning from the Democratic Alliance and his mayoral position, Mashaba launched The People’s Dialogue in December with the objective to “engage” South Africans in a conversation about the future of our country. Mashaba has even gone as…
29 Jul 2020 6AM 14 min

B4SA's Martin Kingston: New Covid-19 model 'conservative, responsible'

Business for South Africa representative Martin Kingston discusses Covid-19 models and fixing South Africa with BizNews founder Alec Hogg. "There are as many models as there are epidemiologists and statisticians as far as I'm concerned. But I feel the one that we have now seen and been shown today is…
29 Jul 2020 5AM 15 min