BizNews BizNews Radio

Andrew Canter: Foreign investor trust in SA will take years to rebuild

Loading player...
Bond specialist Andrew Cantor, chief investment officer at Futuregrowth, explains why foreigner investors panicked at the firing of Finance Minister Nhlanhla Nene - and how confidence built up over 20 years wan be destroyed virtually overnight. Canter worries trust in the fiscal prudence of the SA Government has been broken, so potential investors will now "think twice" about South African assets. But the good news is these events prove democracy is alive and well in SA, with the public outrage forcing a rapid reversal of President Jacob Zuma's decision, something which Canter says was welcome but unexpected. Learn more about your ad choices. Visit megaphone.fm/adchoices
14 Dec 2015 5AM English South Africa Investing · Business News

Other recent episodes

BizNews Edge: Stranger than fiction - Jooste's consigliere meets ET-type end

Today's BizNews Edge covers three stories that cut to the heart of South African business and politics. John Steenhuisen has broken publicly with the DA, naming Geordin Hill-Lewis and Tony Leon in allegations that threaten serious damage to the party just months before the 2026 municipals. Prosus, once a byword…
29 Jun 5AM 24 min

Criminalising corporate silence with Wendy Addison

South Africa's first high-profile whistleblower Wendy Addison is done talking shop. She's raised a criminal docket against a corporation and its directors for silencing two financial industry whistleblowers — and she thinks it could be a watershed moment. Can personal criminal accountability finally give whistleblower protection real teeth?
29 Jun 3AM 23 min

BN Daybreak: Strait of Hormuz showdown as US and Iran head back to Doha

Vessels are still threading the Strait of Hormuz, but a Bloomberg analyst calls it Schrodinger's Strait: you never know if it's open until you try to get through. With traffic down to a fraction of normal and ships taking hits, owners are weighing whether the world's most vital oil route…
28 Jun 9PM 15 min
All episodes