South Africa makes a business case for global investors

[SBGroup]

This week we joined some of the best business minds in South Africa at the SA Tomorrow Investor conference in New York City, USA.

Sim Tshabalala, Chief Executive of Standard Bank Group, is accompanied by David Munro, our Chief Executive of Corporate and Investment Banking, at the event aimed at presenting South Africa as an investment destination and a gateway to the rest of the African continent.

Also in attendance were South African Finance Minister Nhlanhla Nene and South African Reserve Bank Governor Lesetja Kganyago; as well as leaders of nearly 30 other South Africa-based blue chip companies.

The two-day conference was sponsored by Standard Bank Group, UBS, Old Mutual and the Johannesburg Securities Exchange.

Over 100 global investors were at the conference, which provided them the ideal opportunity to meet with the South African delegation, hear panel discussions and participate in group meetings.

Hot topics in the panel discussions included questions around the challenges and opportunities facing South African business.

A clear message from the South Africans to the their audiences was that the country’s economy is resilient because of a strong private sector, and compared to other emerging market economies it was in pretty good shape with strong fundamentals despite the current low growth period.