Business leaders, Reserve Bank and Finance Ministry to promote South Africa in New York
Johannesburg, 7 October 2014. A high powered delegation of South African business and government leaders is in the US this week to speak to investors about the South African investment climate. Hosted by the Johannesburg Stock Exchange (JSE), National Treasury, UBS and Standard Bank, the second annual SA Tomorrow Conference in New York will give American investors the opportunity to engage directly with some of the country’s most important business leaders and policy makers.
Finance Minister Nhlanhla Nene will discuss South Africa’s economic outlook and provide international investors with an overview of the National Development Plan (NDP). Deputy Governor of the Reserve Bank Daniel Mminele, will address investors on South Africa’s recent monetary policy developments.
“South Africa is a gateway to accessing African investment opportunities, a role that is facilitated by the combination of the strength of the JSE and the increasing push into Africa by an increasing number of South African listed corporates. South Africa has a sound macro-economic and fiscal framework and a well-developed corporate sector in diverse industries. The conference will provide investors with the opportunity to get a firsthand understanding about the investment opportunities that lie both in South Africa and on the rest of our continent. We hope it will not only allow us to showcase our successes, but to also engage openly about our challenges and how as a country we plan addressing these to promote the further growth of our economy,” says Nicky Newton-King, CEO of the JSE.
Some of the other South African CEOs speaking at the conference and engaging potential investors include: Sim Tshabalala, CEO Standard Bank, Brian Molefe, CEO of Transnet; Chris Griffith, CEO of Anglo American Platinum, Stephen Koseff, CEO of Investec Bank, Ralph Mupita, CEO of Old Mutual and Mark Lamberti, CEO of Imperial Holdings.
The Johannesburg Stock Exchange is based in South Africa where it has operated as a market place for the trading of financial products for 125 years. It connects buyers and sellers in equity, derivative and debt markets. The JSE is one of the top 20 exchanges in the world in terms of market capitalisation and is a member of the World Federation of Exchanges (WFE). The JSE offers a fully electronic, efficient, secure market with world class regulation, trading and clearing systems, settlement assurance and risk management. www.jse.co.za
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