STANLIB STANLIB Podcasts

MTBPS 2024: little support for SOEs this time

Loading player...
Tarryn Sankar, Head of Credit in the Fixed Income team at STANLIB Asset Management, says the MTBPS was in line with expectations on fiscal slippage. Notably, the Minister of Finance announced little support for SOEs and specifically did not address Transnet’s financial position. The focus on innovative ways to fund infrastructure projects and create opportunities for the private sector to participate, is welcomed. Tarryn expects the credit rating agencies will watch SA’s ability to maintain a sustainable revenue path.
30 Oct English South Africa Investing · Business News

Other recent episodes

SA’s GDP declines in Q3 2024; US employment data remains strong

In Q3 2024, SA’s GDP fell by a surprising 0.3% quarter on quarter, while the market expected a small increase. This mainly reflected a massive decline in agricultural production, which fell 28.8% q/q, largely reflecting a four million tonne drop in the maize crop (which was actually an annual, not…
9 Dec 11 min

How indebted is South Africa within a global context?

The Global Debt Monitor for Q2 2024, which includes data for developed and emerging economies, was released on 25 November 2024, while the Frontier Markets Debt Monitor for Q2 204 was released on 4 November 2024. This provides a good opportunity to examine South Africa’s total level of debt, both…
3 Dec 9 min

US inflation data and interest rate trends; SA’s PPI moves into deflation

US core personal consumption inflation for October remained elevated at 2.8% y/y, despite relatively high interest rates, suggesting that the US Federal Reserve (Fed) does not have to be in a hurry to take interest rates significantly lower. We expect that the extent of further US interest rate cuts will…
2 Dec 6 min

How AI is shaping the future of portfolio management

It's hard enough to manage our own biases but certainly we are nowhere near the point where we let the machines loose on making decisions,’ says Peter van der Ross, deputy head of multi-asset and portfolio management at STANLIB.
14 Nov 5 min
All episodes