National Treasury has encouraged investors, who are interested in participating in the upcoming Global Investor Call (GIC) after the tabling of the Budget, to submit questions through the respective Goldman Sachs or Investec representatives.
The Minister of Finance, Enoch Godongwana, will table the 2025 Budget to Parliament on Wednesday, 12 March 2025.
“The Republic of South Africa, rated Ba2 (stable) by Moody’s Investors Service Incorporated, BB- (positive) by S&P Global Ratings and BB- (stable) by Fitch Ratings (Hong Kong) Limited, has mandated Goldman Sachs International and Investec Bank Limited, alongside their empowerment partners, Vunani Capital Partners and Cinga Capital, to arrange a non-deal Global Investor Call (“GIC”) scheduled for Wednesday, 12 March 2025 at 16:00 SAST / 14:00 GMT / 09:00 EST,” National Treasury said on Friday.
The GIC will be led by National Treasury Director-General, Dr Duncan Pieterse, and will be supported by senior National Treasury officials.
It said the GIC will be followed by a series of in-person fixed income investor update meetings in Cape Town on Thursday, 13 March 2025, and Friday, 14 March 2025, and in Johannesburg on Friday, 28 March 2025.
“Investec will be arranging logistics. Details of in-person fixed income investor update meetings internationally will be communicated to the market in due course.
“There will be an open Q&A session during the GIC, and the Republic of South Africa also welcomes the pre-submission of questions through the respective Goldman Sachs or Investec representatives,” National Treasury said.
Representatives can be contacted as follows:
Goldman Sachs International:
- Name: Rumbi Wasterfall
- Email Address: rumbi.wasterfall@gs.com
- Contact details: +44 207 774 6671
Investec Bank Limited:
- Name: Leanne Large
- Email address: Leanne.Large@investec.com
- Contact details: +27 82 494 8804
Link to pre-register (Recommended):
https://www.netroadshow.com/events/login?show=367d0b60&confId=78851
Link for the audio replay (only available following the GIC): https://www.netroadshow.com/events/login?show=367d0b60&confId=78851
Following the tabling of the 2025 Budget, a presentation will be available on National Treasury's website:
During the Budget the Finance Minister will to outline the financial, economic and social commitments that government would prioritise in its planned expenditure as part of the 2025 Budget Speech.
He will indicate the allocation of financial resources to the national government’s priorities outlined by President Cyril Ramaphosa in the State of the Nation Address. - SAnews.gov.za
