In conversation | Navigating uncertainty in Cape Town

Loading player...
In this episode, journalist Ferial Haffajee hosts a discussion with Cumesh Moodliar, Fumani Mthembi, Ravi Naidoo, Reyburn Hendricks, and Wrenelle Stander. They explore the challenges and opportunities facing Cape Town and South Africa as they navigate uncertainty and work toward sustainable economic growth.

The conversation delves into various topics, including the impact of dropping the licensing cap on independent power producers like Pele Energy Group and the positive outcomes it has brought. They also discuss the global energy revolution and how South Africa can leverage this momentum for its benefit.

The CEO initiative is examined, focusing on its impact and sustainability beyond elections. This analysis takes into account the significance of private capital in generating public good, as well as the role of public-private partnerships in driving economic development.

The discussion also touches on the growth of Cape Town's aviation and cruise industries, showcasing the positive impact on the tourism sector. The issue of youth unemployment is addressed, with a focus on finding innovative solutions to integrate young people into the economy.

Overall, this episode provides valuable insights into the challenges and opportunities faced by Cape Town and South Africa, highlighting the importance of collaboration and forward-thinking strategies for sustainable growth.

Skip ahead

00:00 Intro
03:05 The impact of removing the licensing cap on independent power producers, such as Pele Energy Group.
05:58 Example of Pele’s impact on rural communities in the Western Cape
07:53 The energy revolution
09:24 The CEO initiative
10:08 How sustainable are the decisions taken by the CEO initiative post-election?
12:04 What is the impact of the Queen Mary 2 and Queen Victoria cruise ships docking in Cape Town's harbour on the city's tourism industry?
14:11 Youth unemployment and how PPPs are finding innovative solutions to integrate young people into the economy.
19:56 Is the private sector assuming responsibilities that should be handled by the state?
23:01 How is Cape Town driving this great growth strategy?
27:11 How do we filter this growth into the rest of the country?
21 May 2024 English South Africa Business · Investing

Other recent episodes

Art in Focus Series 2 | Ep 3: Whose art is it anyway?

In episode 3 of Art in Focus series 2, Investec’s Tristanne Farrell invites curator Antonia Strauss, artist Aaron Philander and gallerist Brett Bellairs to unpack how technology is transforming not just into how art is made and sold, but how it’s experienced and valued. From AI to VR, African artists…
4 Feb 34 min

NOW Ep 120 | Water risk is business risk

Water scarcity is no longer a future risk. It is already reshaping how businesses operate, invest and grow in South Africa. With water demand in Gauteng at record levels and ageing infrastructure under strain, water has become a material constraint on business continuity, supply chains and long-term competitiveness. For many…
3 Feb 26 min

Macro Monday Ep103: Precious metals’ dramatic fall

Chris Holdsworth, Chief Investment Strategist, Investec Wealth & Investment International, makes sense of a busy few days on financial markets, which saw sharp falls in precious metals prices. Despite the dramatic drop in gold, platinum and silver prices, precious metals prices are back to where they were in early January.
2 Feb 8 min

Art in Focus Series 2 | Ep 2: Women leading the way in art

From discovering and nurturing emerging artists, to building trust-based relationships with collectors, Emma van der Merwe of Everard Read, Shona van der Merwe of RESERVOIR Projects and Anelisa Mangcu of Under the Aegis, discuss the increasing prominence and role of women in the art ecosystem. These three gallerists open up…
28 Jan 40 min

Everything Counts | Episode 40: Debt management for young professionals

Starting your first real job with a decent pay check should feel exciting but what if it mostly feels confusing, stressful and a little scary? If you’ve made money mistakes before, missed payments or taken on debt you didn’t fully understand, you’re not alone… and you’re not out of options…
26 Jan 16 min