Investec Focus Radio SA

Despite the war in the Gulf, the last six months have been good for global equities. While the US market’s performance has been in line with the overall global performance, the standout has been South Korea, which, says Chris Holdsworth, Chief Investment Strategist, at Investec Wealth & Investment International, has helped emerging markets to outperform. Investec Focus Radio SA

The global economy has held up but that does not mean risk has faded.

At the halfway point of 2026, growth has been stronger than feared and inflation has cooled, but not enough. Central banks remain cautious while energy markets are still exposed to Middle East disruption.

For South Africa, the global backdrop feeds directly into the rand, inflation, capital flows, commodity prices and the Reserve Bank’s room to move.

In the latest episode of No Ordinary Wednesday, Jeremy Maggs speaks to Investec economists Ryan Djajasaputra and Annabel Bishop about what could shape the second half of the year.

They discuss global growth, interest rates, fiscal credibility, South Africa’s investment case and the under appreciated risk of El Niño.

Read more on www.investec.com/now

Key highlights:

00:00 - Introduction

01:34 - Why inflation and interest rates surprised markets

04:26 - Global growth: Resilience amid uncertainty

06:13 - What global trends mean for South Africa

09:10 - South Africa's structural growth challenges

10:46 - Rethinking emerging markets

14:08 - Fiscal policy, debt and investor confidence

18:59 - The biggest global and local risks ahead

22:06 - South Africa's outlook: Risks and opportunities

24:57 - The key global indicators to watch

26:16 - South Africa's economic outlook Investec Focus Radio SA

Athletes often have a decade or two to earn what needs to last a lifetime.

So how do they turn short careers into long-term financial security?

In Part 2 of the Everything Counts: Sports Edition Wrapped episodes, host Motheo Khoaripe is joined by Springbok World Cup winner and Investec Sports head Schalk Brits, Investec financial adviser Vumi Dludlu, and wealth manager Moses Bokaba. Together, they unpack what athletes can do to move beyond simply earning money and start building lasting wealth.

From investing and retirement planning to family responsibilities, financial structures and life after sport, this conversation explores the practical decisions that can help turn income into long-term security.

In this episode:

✔ Why a first contract should trigger structure, not lifestyle inflation

✔ Why saving alone isn't enough to build wealth

✔ The importance of liquidity, investing and long-term planning

✔ How financial strategies differ across sports and career paths

✔ Why athletes need tailored financial advice

✔ Preparing for life after sport before retirement arrives

✔ Building wealth that can support future generations

While the examples come from sport, the lessons apply to anyone looking to make smarter financial decisions and build a more secure future.

00:00 Introduction

01:05 What athletes should do after signing a first major contract

04:50 Common money mistakes athletes make early in their careers

06:12 Why saving is not enough to build wealth

09:27 Liquidity, investing and long-term financial planning

12:20 Why athletes need tailored financial strategies

15:20 Financial planning for footballers, golfers, rugby players and Paralympians

15:53 Managing international careers and overseas income

16:22 Planning for life after sport

17:20 Retirement, identity and purpose beyond competition

18:05 Investing in yourself through education and skills

18:34 Building wealth that lasts for future generations

19:21 Final financial lessons and practical takeaways

20:22 Conclusion Investec Focus Radio SA

It’s not just the oil price that’s fallen this month. Platinum, gold, iron ore and copper are also down. Chris Holdsworth, Chief Investment Strategist, at Investec Wealth & Investment International says it reflects a softer Chinese economy, US dollar strength and a new Fed chief who’s a hawk on inflation. Investec Focus Radio SA

In this episode of Investec Minds, former Anglo American and AngloGold Ashanti CEO Mark Cutifani reflects on the leadership decisions that shaped his career and the mining industry. In conversation with Investec's Nkateko Mathonsi and Patrick Mann, he shares insights on navigating crises, transforming organisational culture, driving innovation, improving mine safety and why mining will play a pivotal role in the global energy transition and economic development.

Chapters:

00:00 Intro

01:58 What Mark is up to today

03:28 Leadership lessons

04:49 Mark's corporate transformation playbook

06:35 Leading through crises

10:37 Improving mine safety

12:14 Changing the mining narrative

14:52 Mining's greatest opportunity and risk

17:52 Mining's shift back to growth

19:40 Why mining needs scale to attract capital and innovate

22:47 How Africa can unlock critical minerals investment

25:36 The challenges of building a downstream industry

27:41 Quick-fire questions

29:29 Conclusion Watch videos · Investec Focus Radio SA