Global Realities, Local Opportunity: mapping South Africa's road ahead

Nicky Weimar opens the conference with a wide-angle view of the forces shaping South Africa’s economic trajectory, and, by extension, the environment your clients are investing into. Fragmenting trade blocs, tariff escalation, a higher-for-longer rate environment in the developed world, persistent conflict in Eastern Europe and the Middle East, and a slower, more uneven Chinese recovery are reshaping capital flows, commodity prices and risk premiums for emerging markets. Within this context, Nicky will look at the growth trajectory under the GNU, the inflation and interest rate outlook, the state of household balance sheets, the slow grind of structural reform, and the fiscal arithmetic Treasury is working with. Expect a frank read on where momentum is genuine, where it is fragile, and where the binding constraints on growth still sit.