i-Blog

The Intellidex Blog carries brief insights from our analyst team and news from Intellidex

FEATURED

Old promises turned into new promises — with implementation detail and financing left to Mboweni’s Budget

February 17, 2020

The youth employment initiative announced at last week’s Sona will take 1% or R20bn of the 2021/21 national budget and it’s unclear where that money will come from apart from belt-tightening, says...

Read more
RECENT POSTS

PETER ATTARD MONTALTO: Will SA be going forward or just accelerating into a wall?

February 17, 2020

It is now or never for implementation, especially with the budget coming up next week and the ability to gazette change at any time. Some hard choices over how cadres are deployed in government may...

Read more

Is Cosatu’s Eskom plan unworkable?

February 11, 2020

The GDPF, IDC and DBSA have finite balance sheets and have to manage their risk. Intellidex’s Stuart Theobald says drawing them in to bail out Eskom is dangerous. Catch the full interview with...

Read more

Debating COSATU’s proposed plan to rescue Eskom

February 11, 2020

Intellidex chairperson Stuart Theobald weighs in on Cosatu’s proposal to rescue Eskom. Listen to the full conversation on The Eusebius McKaiser Show on 702.

Read more

STUART THEOBALD: Cosatu’s Eskom bailout plan is unworkable and dangerous

February 11, 2020

Cosatu’s  Eskom proposal will spark contagion that spreads the financial problems of SOEs into government development financial institutions such as the GDPF, IDC and DBSA, […]

Read more

STUART THEOBALD: Cosatu’s Eskom bailout proposal is unworkable and dangerous

February 10, 2020

This column was first published on Business Day  Contagion from SA’s state-owned enterprises crisis is heading for its development finance institutions. It started with a […]

Read more

PETER ATTARD MONTALTO: What counts for SA investment is not numbers but the X factor

February 3, 2020

The scale of unemployment and inequality in SA is such that you cannot “start somewhere” with large set-piece investments and hope things percolate downwards

Read more

STUART THEOBALD: Eviscerated public service ties Cyril Ramaphosa’s hands

January 27, 2020

Policy should focus on setting the rules for the private sector and letting it bring skills to the table, rather than trying to deliver all and sundry itself. He is running a ship that cannot attract...

Read more

A great buzz, but SA lost in the mix with its ‘charity case’ stance

January 24, 2020

Intellidex’s head of capital markets research, Peter Attard Montalto, attended the UK-Africa Investment Summit in London on 20 January. He conveys his thoughts on some […]

Read more

PETER ATTARD MONTALTO: Scrap the empty rhetoric and be a bit of a dictator

January 20, 2020

How many times can you say the same thing and still have people come along for the ride? When a process is mired in a lack of transparency can you say the opposite of what is actually happening?

Read more

Intellidex revises South African GDP forecast for the worse

January 14, 2020

Intellidex believes that a key criterion when forecasting economic growth is the pace of reform implementation. In SA it is too slow and Intellidex has cut its long-term GDP growth forecast for...

Read more

STUART THEOBALD: Don’t let petroleum bill prove that resource nationalism is a curse

January 13, 2020

The oil and natural gas industry provides an obvious opportunity to add positive economic momentum while it is desperately needed. The bill is now in a consultation process, providing an opportunity...

Read more

5 things on De Ruyter’s to-do list as he starts at Eskom

January 7, 2020

De Ruyter, Eskom’s new CEO, needs to understand the limitations of what Eskom can do and what energy policy needs to do with the private […]

Read more