Investec Focus Radio SA

Group Chairman of Standard Chartered, José Viñals, Sarah Kemmitt, former lead of the UN Net Zero Banking Alliance and Dr. Nina Seeger, Director of CISL Centre for Sustainable Finance discuss how finance can accelerate sustainable development more effectively. From addressing the mispricing of climate and nature risk, to correcting market distortions, tackling permitting bottlenecks and supporting coherent policy, the conversation highlights the conditions needed to align global capital with a cleaner, fairer, more resilient global economy. Investec Focus Radio SA

Feeling like your December budget melts faster than an ice cream in the sun? You’re not alone; even the most disciplined savers lose control when the festive season hits. In this episode of Everything Counts, Motheo Khoaripe sits down with Investec financial advisor Nirvashni Rajkumar to unpack why we overspend in December, how festive marketing and emotions cloud our judgment, and the practical steps you can take right now to avoid a financial hangover in January. From understanding the psychology behind “DeZemba,” to making your 13th cheque last, and setting a realistic December budget the whole family can get behind. This conversation is packed with real-world strategies to help you celebrate without regret. If you want to end the year with clarity, avoid holiday overspending, and start the next one strong, you’re in the right place. 00:00 Introduction 01:30 Why are we prone to overspending during the holiday season? 03:00 How festive marketing drives holiday season spending 04:00 The psychology of holiday spending 06:00 When should we start budgeting for December? 07:00 Planning for holiday season spending isn’t a one-person job 08:15 How your financial advisor can help with your December budget 10:00 How to make your 13th cheque last: Confronting financial vulnerabilities 14:00 Top tips to avoid blowing your December budget 15:00 Setting a realistic December budget 18:00 Teaching children about delayed gratification 19:00 Hacks to getting the most out of your holiday season spending 23:00 How to plan and budget for the year ahead 26:30 How to end the year with financial clarity 27:30 Conclusion Investec Focus Radio SA

Gillian Tett and Professor Bob Eccles discuss how anti-ESG sentiment and political tensions, particularly stemming from USA, are reshaping climate policy, corporate behaviour, and markets. These two globally respected interpreters of political economy and corporate purpose examine what this means for global action, and how leaders can navigate the fragmented landscape. 00:00 - 12:30 Understanding the Pendulum: How We Arrived at Today’s Polarised Landscape 12:30 - 23:30 The Political Realignment: ESG Backlash, Cultural Fractures & the New “Stakeholders” 23:30 - 37:00 What’s Happening on the Ground: The Reality of Corporate Adaptation 37:00 - end Pathways Forward: Language, Consensus-Building & the Leadership Mandate Investec Focus Radio SA

The latest global purchasing managers index numbers show that there’s little indication of a slowdown in global growth. Chris Holdsworth, Chief Investment Strategist, Investec Wealth & Investment International says the US numbers have also been strong, but key indicators show that US inflation is above target levels. Investec Focus Radio SA

A discussion of Africa’s energy transition as both an economic strategy and a question of agency, featuring insights from Professor Carlos Lopes and investment leader Jasandra Nyker. They argue that while the world often views Africa through the narrow lens of risk, fragility, or aid dependency, the continent increasingly sees itself as a driver of innovation, industrialisation, and clean energy leadership. 00:38 – 04:09 Rethinking Africa’s Energy Future 04:09 – 10:45 From Dependency to Agency 10:45 – 24:24 Mobilising Capital & Redefining Risk 24:24 – 46:49 Leadership for a Just and Ambitious Transition Investec Focus Radio SA

The year-end episode of the No Ordinary Wednesday podcast confronts a familiar contradiction: markets that looked buoyant, and an economy that often didn’t. In conversation with our Chief Investment Strategist Chris Holdsworth, we dissect the year’s dissonance and the lessons it leaves behind - above all, that in a noisy world, valuation discipline and diversification remain the investor’s most dependable anchors. Podcast key moments: 00:00 - Introduction 01:51 - What is the Global Investment Strategy Group (GISG)? 02:59 - What are the core principles that anchor the GISG investment philosophy? 04:20 - What defined global markets in 2025? 06:04 - Why hold back at a time when markets appear optimistic 07:04 - What does the GISG expect for the global economy in 2026? 08:03 - What are the big risks ahead? 08:52 - Outlook for the dollar 09:49 - How should investors be thinking about constructing portfolios 10:14 - What is South Africa’s risk score? 11:10 - How does the GISG investment philosophy guard against behavioural errors? 11:58 - What has 2025 taught you about investing in uncertain times? Read more on www.investec.com/now Hosted by seasoned broadcaster, Jeremy Maggs, the No Ordinary Wednesday podcast unpacks the latest economic, business, and political news in South Africa, with an all-star cast of investment and wealth managers, economists and financial planners from Investec. Listen in every second Wednesday for an in-depth look at what's moving markets, shaping the economy, and changing the game for your wallet and your business. Investec Focus Radio SA

This festive season, scamsters are busier than ever. From fake travel deals to holiday shopping traps, the pressure to click quickly can make anyone vulnerable. In this episode of Everything Counts, Motheo Khoaripe sits down with fraud expert Kevin Hogan and cybersecurity specialist Nomalizo Hlazo to unpack the most common holiday scams and how to stay protected when excitement meets urgency. The episode covers why holiday scams are so effective, tools to identify scams and the red flags you should be on the lookout for. Remember that holiday scams aren’t always about getting you to make a purchase; they can often be phishing scams to get your details. Stay safe this festive season! 00:00 Introduction 01:50 Why is the holiday season a big one for scamsters? 02:50 Why are people less wary around the festive season? 03:50 Common holiday scams in South Africa 05:00 Red flags that may signal a holiday scam 08:00 Can consumers avoid holiday scams by using proper channels? 09:00 Tools to identify scams 11:00 Debunking myths about holiday scams 12:00 Payment-related red flags to look out for 15:20 Holiday scams can be phishing scams 17:00 How to protect yourself from scams: Virtual Cards vs Instant EFT 20:00 Digital hygiene to avoid holiday scams 23:30 Advice for avoiding holiday scams 25:30 Conclusion Investec Focus Radio SA

While November was flat for global markets, they’ve performed well over six and 12 months. Chris Holdsworth, Chief Investment Strategist, Investec Wealth & Investment International discusses South African equities that have stood out, with a 43% gain in US dollar terms over the past 12 months, compared to 19% for the global benchmark, reflecting the role of rising commodity prices in supporting South African markets. Investec Focus Radio SA

In this episode we host Dominic Vergine, CEO and founder of Monumo to discuss how AI can play a central role in advancing positive people and planet outcomes and the real impact of this technology. 00:00 – 01:41 | Setting the scene – AI and leadership in a changing world 01:41 – 18:25 | Targeted applications and real-world impact of AI 18:25 – 31:57 | AI, society, and the economy – risks, regulation, and opportunity 31:57 – 41:31 | The future of AI – sustainability, education, and leadership Investec Focus Radio SA

The latest US jobs numbers were not encouraging, with nonfarm payrolls revised down for the eighth month in a row and unemployment rising to 4.4%. Despite this, says Chris Holdsworth, Chief Investment Strategist, Investec Wealth & Investment International, the Fed doesn’t seem to be in a rush to cut rates, as inflation remains sticky. Investec Focus Radio SA

In the debut episode of 'What Next' - Marc Kahn and Lindsay Hooper bring in Faustine Delasalle, CEO of the Mission Possible Partnership and Katie Fergusson, SVP, Studies and Development at Anglo-American to discuss some surprising advancements being made by heavy industry, like steel manufacturing. While technologies for low-carbon, resource efficient steel, cement, heavy transport and mining are advancing rapidly, deployment still lags behind what’s required. 00:00 Introduction 01:50 Clean Growth & Industrial Revolution 03:23 Guests background in sustainability 04:40 Are We Moving Fast Enough? 06:36 Technology, Policy, and Market Forces 08:00 Scenarios for Industrial Acceleration 09:03 Mining’s Role in the Transition 10:01 Innovation in Mining- examples of new technologies 13:14 Scaling Innovation: Lessons Learned 19:46 More mining less extraction 21: 06 Value Chains, Policy, and Market Signals 24:52 Partnerships and Vertical Integration 27:07 Social Impact and Just Transition 31:57 Policy Shifts for Decarbonization 34:06 Leadership Insights 37:11 Closing Reflections Investec Focus Radio SA

Medicine is moving into a world where software spots patterns before humans sense symptoms, and breakthrough therapies can move markets faster than earnings reports. Longevity is rising, costs are climbing, and global healthcare systems are left to wonder whether innovation will save them or bankrupt them first. In this episode of No Ordinary Wednesday, Jeremy Maggs speaks with Dr Jimmy Muchechetere from Investec Investment Management UK to unravel the forces rewiring global healthcare, from the boom-and-bust frenzy around weight-loss drugs to AI promising to predict illness long before it strikes. Podcast key moments: 00:00 Introduction 01:34 Are we reaching the limits of human longevity? 02:13 Are weight-loss drugs a bubble or a structural shift? 04:13 How the White House–pharma deal changes drug pricing 06:58 Who wins and loses in a world with fewer illnesses? 08:10 Why longevity is becoming a macroeconomic risk 10:28 Who holds power in an AI-driven pharmaceutical world? 12:27 How to maintain trust when AI outperforms humans in diagnostics 13:51 How AI is transforming preventative medicine 16:27 Will data expertise surpass clinical expertise? 17:35 Who is accountable when AI influences medical decisions? 18:57 Why regulation must catch up with rapid AI innovation 20:47 Will AI-driven healthcare widen inequality? 22:39 How demographics and geopolitics shape healthcare tailwinds 23:56 How leaders build conviction in a VUCA healthcare landscape 25:22 The next frontier in personalised and preventative medicine Read more on www.investec.com/now Hosted by seasoned broadcaster, Jeremy Maggs, the No Ordinary Wednesday podcast unpacks the latest economic, business, and political news in South Africa, with an all-star cast of investment and wealth managers, economists and financial planners from Investec. Listen in every second Wednesday for an in-depth look at what's moving markets, shaping the economy, and changing the game for your wallet and your business. Investec Focus Radio SA

Are you worried about what your children are doing online or how to handle it if your child is the one causing harm? In this episode of Everything Counts, host Motheo Khoaripe sits down once again with Emma Sadleir Berkovitz, founder of the Digital Law Company and Africa’s leading expert on social media law and digital risk. Together, they tackle one of the most difficult topics in parenting today: what to do when your child becomes a cyberbully and how to guide them towards responsible, empathetic online behaviour. From the legal consequences of cyberbullying to the real-world impact of digital actions, this episode explores the cyberspace fallacy and the lasting effects of online harm. You’ll learn how peer-to-peer digital abuse manifests, the dangers of oversharing online and how online anonymity fuels online cruelty, all while discovering tools to help your children develop resilience, empathy and accountability. Emma also shares insights on digital literacy, the growing movement for a ‘smartphone-free childhood’ and practical strategies for parents to keep children safe online. If you’re a parent, teacher or caregiver navigating the challenges of raising kids in a connected world, this episode is your roadmap to understanding, prevention and empowerment. Stay informed, stay intentional and help your children build a healthier relationship with technology, one click at a time. 00:00 Introduction 01:00 How to parent a child that is a cyberbully 02:50 Legal consequences of cyberbullying 04:50 The cyberspace fallacy 07:00 How prevalent is peer-to-peer harm? 11:00 The digital world as an extension of the real world 14:00 The dangers of oversharing online 17:00 Empowering kids with social scripts 17:50 Online anonymity makes cyberbullying worse 19:10 Increase in mental health issues for children 21:00 Smartphone Free Childhood 22:30 Digital literacy starts at a young age 24:30 Parents need to educate children on their online responsibilities 26:30 Tips for parents to keep children safe online 30:00 Conclusion Investec Focus Radio SA

October inflation surprised on the downside in just over half of the major countries that have reported numbers so far. There was no number for the US, due to the government shutdown, but, says Chris Holdsworth, Chief Investment Strategist, Investec Wealth & Investment International, other indicators point to a rate of around 3%, with some upside risk. Investec Focus Radio SA

Global growth is on the rise again, while the US has seen upgrades to its growth forecasts, despite the ongoing shutdown. But while the US seems in good shape, says Chris Holdsworth, Chief Investment Strategist, Investec Wealth & Investment International, there are early signs of softness in China, based on import numbers and high frequency data. Investec Focus Radio SA

South Africa’s economic story is balancing between risk and resolve, discipline and delivery. As the country prepares for its first Mid-Term Budget Policy Statement (MTBPS) under a coalition government, National Treasury faces a difficult equation: stabilise debt, restore credibility and still find space for growth. In this episode of No Ordinary Wednesday, Jeremy Maggs is joined by Investec’s Annabel Bishop, Tertia Jacobs, and Osa Mazwai to unpack the policy choices shaping the 2025 mini budget. Listen here or watch the discussion on Investec’s YouTube channel. We explore: • Why fiscal consolidation remains the cornerstone of market confidence • How a commodity windfall and better tax receipts are buying Treasury time • The debate over lowering the inflation target and what it means for growth • And whether South Africa’s improving structural reforms can finally lift potential GDP Podcast key moments: 00:00 – Introduction 02:51 – What’s behind the debt-to-GDP ratio divergence? 05:03 – How closely are markets watching South Africa’s debt challenges? 06:40 – How does the debt trajectory intersect with SA’s long-term growth prospects? 08:28 – Inflation targeting expectations 09:35 – Would a lower inflation target risk dampening nominal GDP? 11:36 – Revenue vs spending 13:36 – Searching for a new fiscal anchor 15:21 – Is SA on the path to fiscal consolidation? 17:12 – What’s driving the government bond rally? 18:16 – Progress on structural reforms 20:44 – To what extent is the fiscal story intertwined with commodity cycles? 22:13 – What rating agencies are looking for 24:30 – How the mini budget could influence the MPC’s tone on interest rates 25:57 – What would success look like for the 2025 MTBPS? Read more on www.investec.com/now Hosted by seasoned broadcaster, Jeremy Maggs, the No Ordinary Wednesday podcast unpacks the latest economic, business, and political news in South Africa, with an all-star cast of investment and wealth managers, economists and financial planners from Investec. Listen in every second Wednesday for an in-depth look at what's moving markets, shaping the economy, and changing the game for your wallet and your business. Investec Focus Radio SA

Are you concerned about keeping your children safe online in an age where screens are everywhere? In this episode of Everything Counts, host Motheo Khoaripe sits down with Emma Sadleir Berkovitz, founder of the Digital Law Company and Africa's leading authority on social media law and digital risk, and Ndivhuwo Mulaudzi, a cybersecurity awareness training specialist at Investec. Together, they unpack the realities of cyberbullying, online predators and managing children’s online behaviour in today’s digital world. From understanding the risks of social media, implementing parental control tools, teaching online safety and digital hygiene, to identifying the warning signs of online grooming, this conversation is a complete guide for parents, educators and guardians looking to keep children safe online. Learn practical strategies to balance screen time, encourage open communication, use parental control apps and educate children about internet dangers. Whether your child is just starting to go online or is already active on social media, this episode equips you with the knowledge, tools and confidence to navigate the digital world safely. Stay informed, stay prepared and make sure your children enjoy the internet while staying protected from online risks. 00:00 Introduction 01:30 Children are online from an early age: Should parents be worried? 02:30 Parental control and monitoring for kids online 04:00 Basic digital hygiene for kids: Online safety practices for families 05:45 Digital literacy and open communication is key to keeping children safe online 07:00 Parental advisory on online games 08:30 Understanding the online risks for children: Cyberbullying and online predators 10:00 Teaching online privacy: How to prepare your child for internet safety 11:50 The legal risks of sharing photos online 13:30 Emotional impact of cyberbullying and online extortion 15:30 How can parents reduce internet risks for their children? 16:20 How parental control tools can help to keep kids safe on the internet 18:15 Best parental control apps explained 21:30 Top online safety tips for parents 24:10 Warning signs for parents to look out for 27:14 Conclusion Investec Focus Radio SA

Japanese and emerging market equities led the way in October, returning 12% and 4% respectively, helping to lift global equities by 2%. Chris Holdsworth, Chief Investment Strategist, Investec Wealth & Investment International looks at how markets have been performing over the last month and year. Investec Focus Radio SA

Deepfakes that fool the eye. Voices that sound real. Attacks that never sleep. As artificial intelligence reshapes both offence and defence, cyber risk has gone mainstream. In this episode of No Ordinary Wednesday, Jeremy Maggs speaks with Investec cybersecurity experts Nomalizo Hlazo and Tash van den Heever about the new era of digital resilience where trust, adaptability and awareness are your strongest defences. Podcast key moments 00:00 - Introduction 01:27 - AI on both sides – Attackers and defenders in the digital arms race 02:52 - 2025: The year cyber risk went mainstream 03:46 - Why digital risk is compounding 05:05 - Building resilience through third-party and supply chain visibility 07:15 - Regulation tightens – Balancing compliance and agility 08:57 - Critical infrastructure under threat 10:32 - Building digital trust in a diverse and connected market 11:48 - The future of cybersecurity: Integrity, speed, and adaptability 13:16 - Quantum computing, AI agents, and hyperconnectivity 13:58 - Cybersecurity as a life skill 14:56 - Closing remarks Read more on www.investec.com/now Hosted by seasoned broadcaster, Jeremy Maggs, the No Ordinary Wednesday podcast unpacks the latest economic, business, and political news in South Africa, with an all-star cast of investment and wealth managers, economists, and financial planners from Investec. Listen in every second Wednesday for an in-depth look at what's moving markets, shaping the economy, and changing the game for your wallet and your business. Investec Focus Radio SA

With three of the world’s leading central banks meeting this week, Chris Holdsworth, Chief Investment Strategist, Investec Wealth & Investment International says markets are pricing in a convergence of interest rates by developed markets in the coming months. The Fed is expected to cut this week and aggressively into next year, while the European Central Bank is expected to keep rates unchanged and the Bank of Japan is expected to hike. Investec Focus Radio SA