'We're gonna be all right': Standard Bank predicts investment boom on back of Ramaphosa's reforms | Fin24

  • 📰 Fin24
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

'We're gonna be all right': Standard Bank predicts investment boom on back of Ramaphosa's reforms

Standard Bank SA CEO Lungisa Fuzile says there is no doubt that President Ramaphosa's government is executing on his reform agenda., is bullish about the continent's ability to rise above the Russia-Ukraine war.

Its economics division has not revised Africa's outlook or South Africa's because it does not expect the impact to be as dramatic on the African continent as in Europe unless the conflict drags on for much longer. In South Africa's case, Standard Bank expects platinum and coal exporters to counteract the effects of the negative impact of oil imports as prices skyrocket.Subscribe to News24 for just R75 per month to read all our investigative and in-depth journalism. You can cancel any time.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 21. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Fin24 We all have a right to see what want to see as future of SA.

Fin24 Is that Sim?

Fin24 Rampashit campaign

Fin24 At your salary everything will always be alright !!!

Fin24 I like his subliminal disclaimer’s everywhere…”potential” 🤣😂😅🤣

Fin24 Ignorance yabelungu njee.....Sim Tshabalala is a Group CEO....then they use a picture of Lungile Fuzile ay cut cut🚮🚮

Fin24 Phuck me! Luckily I don't bank with Standard Bank with this nincompoop in charge!😀😀😀

Fin24 Suppose relative to Zimbabwe....yes.

Fin24 He has been listening to Ramadodo too much.

Fin24 South African media in nutshell

Fin24 Thank God I don't bank at Standard Bank.

Fin24 He's right, watch the space.

Fin24 Ave edelela lomjita

Fin24 Potentially on the threshold of potential… sounds like a very long shot.

Fin24 Potentially potential, what the hell kind of statement is that, betters most statements by politicians that say nothing. Oxygen thieves the lot of them

Fin24 Clearly has no fucken idea… this is what happens when you have BEE appointments…..

Fin24 CEO

Fin24 Another brown face 😭😭

Fin24 This is Lungisa Fuzile. Where is the photo of Sim?🤷‍♂️

Fin24 These idiots from News24 say Sim Tshabalala while they show a picture of Lungisa Fuzile🤔🤔I guess all blacks look the same🤦‍♂️

Fin24 Lots of use of the word ‘potential’ in that statement. It would be great if it could change from ‘potential’ to ‘guaranteed’

_JS_Bond_ Fin24 😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂

Fin24 You really like clicks and eyeballs there by news24. Ke eng, you're fast running out of advertisers? 🙄

Fin24 Wasn't he even at the commission at some point ?

Fin24 Picture for illustration purposes only . 😂

ramalokot Fin24 But this is NOT Sim🙁

Fin24 What structural reforms

Fin24 What reforms?

Fin24 What a load of bullshit

Fin24 Maybe, but if BEE has to work, corruption and lack of intelligence will kill it

Fin24 which country you staying in? Hello?

Fin24 Why did you use Lungisa’s picture you fools.

Fin24 'Agh tog, you piple look all the same to me... hahaha'

Fin24 😂😂😂😂😂

Fin24 But that on the story is not Sim? 🥵

Fin24 Potentially potential, nice

Fin24 You guys are running a well oiled gossip planform

Fin24 Blah Blah Blah when you getting rid of Transunion so we can get free credit

Fin24 What does the CEO of Standard Bank know that the CEO of Nedbank does not, the latter predicting the opposite earlier this week.

Fin24 I guess it's true what they say about black people that all looking the same

Fin24 'They all look the same'

Fin24 After years of public service News24 still doesn't know this gentleman 🤦🏾‍♂️ Or 'they all look the same'

Fin24 Too much potential, lets hope.

Fin24 Keep telling ur dom foks handle these accounts

Fin24 All black people look the same , I suppose 🤦🏽‍♂️

Fin24 Lol Shem Lunghisa

Fin24 Been saying News24 is a not a new publication guys.... Kuyabheda lana

Fin24 Is this Sim?

Fin24 I don't believe this.....

Fin24 This is Mr Fuzile I think! 🤦🏾‍♂️

Fin24 Smh. They all look the same nhe?

Fin24 convinced you need to fail an aptitude test to work for News24 - since when is this Sim?!

Fin24 Ya... Wait until LindiweSisuluSA and GwedeMantashe1 screw it all up with their internal fighting and campaigning

Fin24 Lol all blacks look the same to you neh

Fin24 The cluelessness of these BEE quota appointments is exactly why there’s no investment. BEE BBBEE EpicFail

Fin24 Let me close my account

Fin24 Ptffff sure buddy

Fin24 What structural reforms

Fin24

Fin24 Only one little problem.The big banks are part of the SA economic problem.

Fin24 But this is lungisa

Fin24 Maybe Russian investment

Fin24 Last night was doing research and I realised our government need to really talk and action land issue now, there are many planned mega project in this country in the next decade. SA is going to be the smartest destination in the world we better tag the landless along else...

Fin24 There is a bee buzzing in his head

Fin24 U guys though ! that’s NOT Sim Tshabalala on this pic

Fin24 I am so glad I am not banking with Standard Bank StandardBankZA

Fin24 You cant even get the right picture of the man

Fin24 I haven't read the article but this is not Sim this is the guy who was in treasury or Finance ministry.

Fin24 StandardBankZA is playing politics now 2wards de MYANC conference! Sies

Fin24 Hahahaha right!!!! Investors love a country where electricity is not guaranteed. Where theft and corruption are the order of the day. Wake up and smell the coffee!!!!

Fin24 What planet is this guy living on ?

Fin24 That's a picture of Fuzile Lungisa,they work for the same organisation but Surely they don't lookalike!

Fin24 That is not Sim’s picture thou 🤔

Fin24 All blacks look the same...

Fin24 Put on the other CEO the white man that's the true CEO & this is Fuzile Lungile the one rewarded by monopoly capital after his treasury run

Fin24 Bullshit!

Fin24 Dream on.

Fin24 But you have picture of Lungisa Fuzile

Fin24 On which sector? I bet to differ. Dollar dominated companies in minerals and mining has being doing good on the basis of currency exchange. Rand dominated companies have been hammered all the way inspiring less investment confidence.government policies have not changed at all.

Fin24 I have no idea what you guys are smoking

Fin24 And all pigs fed and ready to fly 🐷

Fin24 WHO ARE THE OWNERS AT STANDARD BANK?

Fin24 😂😂😂

Fin24 Ninxilile nina this is not Sim on this picture. 😐

Fin24 This is not Sim Tshabalala but Lungile Fuzile such disrespect. Does it seem to white people that blacks look the same- this pathetic please show some respect

Fin24 🤣🤣🤣🤣🤣

Fin24 30 percenter’s prediction

Fin24 😂😂😂

Fin24 First overcome these hurdles : Loadshedding half youth unemployment red tape of banks for start ups Highest inequality increased debt to gdp

Fin24 That is good news indeed.

Fin24 🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣

Fin24 Don’t hold your breath Simmo!

Fin24 Incorrect

Chris80109155 Fin24 That picture is not Sim Tshabalala.

Fin24 Wrong black guy!

Fin24 Mcim

Fin24 Which African country has progressed from structural adjustment programs? Name me 1. Ethiopia won't even allow foreign banks to function in that country, yet their airline is No. 1. Go to Rwanda - house niggers are helping a vampire capitalist few destroy what's left of SA.

Fin24 Structural reforms that continues to harm the majority black-classified people - for the benefit of classist capitalists - and/or Big Business. Shameful.

Fin24 This is not Sim.

Fin24 Dream on. Who want to invest in a country with electricity problems?

Fin24 😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂

Fin24 What structural reform the man is talking about here, I do get his pont, But realistically nothing is happening on the ground, Yes, Our country has a great potential for a booming economy, but that will need a strong charismatic leadership with a broader understanding of economy,

Fin24 We will continually pray, work hard & play our part to ensure that SA will not be the next Zim. We gonna be alright. God bless South Africa. 🙏🏽

Fin24 On the other hand MoF Godongwane is worried that some big investors might pull out of SA e.g. Ford in City of Tshwane, because of energy supply issues.

Fin24 Crazy country on autopilot...

Fin24 We have to give credit when it's due. In the last 12 months, the Government moved very quickly on Structural reform 1. Liberalisation of the energy market 2 Spectrum 3. Ports and rails private sector involvement These are big wins, but I still don't trust ANC, they must go

Fin24 Dream on.

Fin24 I have my serious doubts. China maybe.

Fin24 sim vang sy baas

Fin24 Structural reform? Where?

Fin24 What a load of rubbish 😁😁😁

Fin24 Without electrical power? Interesting.

Fin24 Wrong picture though. That's not Sim

South Africa South Africa Latest News, South Africa South Africa Headlines