Investec Focus Radio SA Investec

Despite Africa having 60% of the best solar resources in the world, it only has 1% of installed solar PV capacity. And some 600 million people in Africa don't have access to energy- with detrimental developmental consequences.
The need is huge, and so too is the opportunity to finance Africa’s renewable energy transition. Revego's CIO says the total investment for renewable energy in Sub-Saharan Africa for the next eight years could reach about 193 billion US dollars.
In episode 9 of The Current, we discuss what needs to be done to mobilise the necessary capital to electrify Africa. Host, Iman Rappetti, is joined by Ana Hajduka Shields, CEO of Africa GreenCo, Ziyaad Sarang, Revego's CIO and Brian Irvine, Investec's global head of Export and Agency Finance.
00:00: Intro
02:25 Meet the guests
02:52: All the resources and so little power
05:21: What's the cause of Africa's energy deficit?
06:30 What's got in the way of investment?
07:41: Moving away from fossil fuels
08:23: Africa to leapfrog to green industrialisation
09:30: It's about more than mitigating climate change
11:07: Convergence between economics and climate targets
11:35: Private sector taking the lead in bridging the finance gap
12:55: Example of export and credit agency finance
16:05:The role of green bonds in financing energy infrastructure
16:57: Equity markets need to play a bigger role
18:55: Education is a key factor to attract capital
22:05: Regional power pools and trading of energy
23:20: South Africa to benefit from cross-border trading
24:58: C&I project for commercial off-take
25:27: In crisis comes opportunity- 193bn dollars in opportunity
This podcast was brought to you by Investec's Export and Agency Finance team to find out more click here: https://www.investec.com/en_za/investec-for-corporates/finance/export-and-agency-finance.html

Despite some notable economic gains for South Africa, growth constraints persist. What does this mean for the second half of the year? Investec Chief Economist Annabel Bishop shares her projections for the next six months and highlights the key economic indicators to watch out for.

Podcast key moments:

00:00 – Introduction

00:57 – Impact of elections on the rand, investor confidence and the economy

02:27 – GDP outlook for the rest of 2024

03:44 – Will the Purchase Manager's Index (PMI) improve?

05:10 – What will strengthen business confidence?

07:47 – Household finances remain restricted

09:04 – Inflation data positive for interest rates

10:45 – Impact of inflation on household finances

11:53 – Impact of global elections on South Africa

13:51 – Will South Africa’s 10-year benchmark bond recover?

16:19 – What are the key drivers of rand volatility?

17:40 – Key economic indicators to watch out for in the second half of 2024

Hosted by seasoned broadcaster, Jeremy Maggs, the No Ordinary Wednesday podcast unpacks the latest economic, business and political news in South Africa, with an all-star cast of investment and wealth managers, economists and financial planners from Investec. Listen in every second Wednesday for an in-depth look at what's moving markets, shaping the economy, and changing the game for your wallet and your business.

Read more on www.investec.com/now

Everything Counts is a new bi-weekly podcast series that focuses on money and financial wellness. Hosted by 702's Motheo Khoaripe, each episode tackles various aspects of personal finance, including saving, spending, investing, pitfalls to avoid and tricks to succeed. The podcast aims to provide valuable information and expert guidance to help listeners improve their financial well-being.

In this episode, we dive into budgeting and discuss how to manage your money better. Our expert guests, seasoned Investec financial advisor Kgomotso Motlaung and leading financial consumer journalist Maya Fisher-French, share their insights on budgeting and offer practical tips to help you take control of your finances.

Whether you're just starting out or looking to improve your budgeting skills, this episode will provide the guidance you need to achieve your financial goals. Tune in now and start making every penny count!

Skip ahead

00: 00 Introduction
01:12 Maya’s budgeting story
03:12 Why is budgeting important to your financial wellness?
04:11 What are the characteristics of a good budget?
07:27 How important is discipline?
09:56 How important is having conversations with your family about your budget?
13:46 What portion of your income must you set aside to save?
15:49 How does your life stage determine your budget?
17:52 How can budgeting tools assist you?
18:47 How do you put aside money to splurge?
22:07 How do you make sure you keep to your budget?
24:11 What are some of the biggest mistakes people make when drawing up a budget?

In this week's episode, Investec Wealth & Investment Chief Investment Strategist Chris Holdsworth unpacks at the latest global PMI print and what it means for the global growth, US employment, European Central Bank interest rates cut and South Africa’s latest GDP reading.

Two in three cars sold globally will be electric by 2035, says the International Energy Agency. And in Europe - South Africa's largest automobile export market, one in four cars sold are already EVs. SA is way behind this adoption curve, but it's quickly picked up pace in the last two years.
In episode 8 of The Current, we look at what needs to be amped up for SA drivers to shift their mindsets and benefit from the cost and carbon savings of electric vehicles. Host, Iman Rappetti, is joined by Mark Raine, co-CEO of Mercedes-Benz South Africa; Ndia Magadagela, CEO of Everlectric and Investec's head of Sustainable Solutions, Melanie Humphries.
00:00: Intro
01:54: Meet the guests
03:03: Overview of electric vehicle landscape in South Africa
03:38: SA destined to be an electric vehicle market
05:17: Preferential financing of EVs
05:44: Bringing prices tags on EVs down
08:07: “Range anxiety” and number of charging stations in SA
10:43: Are EV’s really greener than ICE vehicles?
13:36: Recycling of EV’s batteries
15:48: B2B businesses – Leasing of electric vehicles
17:13: Leased EVs and their ESG credentials
18:12: The larger the electric vehicle, the more the cost saving
20:38: Evolution of EVs in public transport, like SA taxis
20:38: EV’s in public transport like SA taxis
21:35: Incorporating your EV battery into a home energy solution
22:27: Automotive manufacturing sector in SA must change to survive
23:47: Stimulating EV manufacturing in SA
25:30: The electric vehicles white paper lays out SA’s roadmap
26:18: Mercedes-Benz’s CEO predicts 10,000 EVs to be sold in 2027
27:35: Closing comments – The EVolution is here

In this week's episode, Investec Wealth & Investment Chief Investment Strategist Chris Holdsworth discusses post-elections in SA, the latest development on growth and inflation in the US and what it means for interest rates as well as inflation and unemployment in Europe and outlook for interest rates.