Investec Focus Radio SA

In this episode of What Next?, Professor Mike Kenny (Cambridge) and Jacinta Koolmatrie examine the breakdown of trust between communities and institutions. They discuss how centralised governance and economic shifts have driven local grievances, and argue that rebuilding trust requires sharing power, working at community pace, and supporting locally led solutions like community wealth building and Indigenous-led approaches. CHAPTERS 00:00–09:00: Fracture, grievance and the limits of institutions 09:00–21:00: Power, disconnection and when listening fails 21:00-34:00: Place, community knowledge and what actually works 34:00–48:00: Stories, legitimacy and shaping the future What Next? · Investec Focus Radio SA

Interest rate cuts were meant to define 2026. Now, markets are bracing for hikes. In this episode of No Ordinary Wednesday, Investec’s Chief Economists Annabel Bishop and Phil Shaw examine how the energy shock is forcing central banks to reconsider their path. From London to Pretoria, policymakers face a familiar dilemma: tighten into slowing growth, or risk letting inflation take hold. Guest host Neo Ralefeta explores the implications for global growth and what it means for South Africa, from currency volatility to fuel supply risks and consumer costs. Read more on www.investec.com/now Investec Focus Radio SA

With little sign of an early resolution to the war in the Middle East, supply constraints on commodities such as oil, gas, and helium may well endure. Chris Holdsworth Chief Investment Strategist, at Investec Wealth & Investment International notes that fuel prices likely to feed through quickly into consumer inflation, central banks like the SA Reserve Bank are likely to face rate hikes this year. Investec Focus Radio SA

Clean and green growth has moved from ambition to execution, but the challenge is one of pace. Investment conditions are key: predictable rules, credible pathways, and coordination across value chains, finance and government. This episode of What Next? Leadership Conversations for a Better Future, Helena Norrman, Marina Grossi, and Sang-Hyup Kim explains why transition policy now sits at the centre of industrial strategy, competitiveness and geopolitics. 00:00 Predictability is the first enabler 07:30 Transition policy is industrial strategy 15:30 The foundations for future competitiveness is shaped by coordination today 26:30 Examples of effective coalitions What Next? An Investec-Cambridge podcast series · Investec Focus Radio SA

The new tax year is here, and the 2026 Budget Speech introduced important changes that could reshape how South Africans save, invest, and plan for retirement. In this episode of Everything Counts, host Motheo Khoaripe sits down with Vumi Dludlu, Investec financial adviser, and Johan Loubser, head of adviser enablement at Investec, to unpack what the 2026 National Budget means for your money, and how you can make the most of the new tax year from day one. From higher tax-free savings limits to a bigger retirement contribution deduction cap, the rules have shifted. But what do these changes actually mean for savers and investors in practice? In this conversation, we break down: ● The increase in the tax-free savings annual limit to R46,000 ● The higher retirement fund deduction cap and what it means for retirement planning ● How the new tax year creates an opportunity to reset your financial strategy ● Why starting contributions early can significantly boost compounding ● Other budget updates affecting portfolios, including capital gains tax exclusions and offshore investing allowances Whether you're investing monthly, planning a lump sum contribution, or reviewing your long-term financial strategy, this episode explores practical steps you can take now to stay on track and maximise the new allowances. 00:00 Introduction 01:30 Why does the new tax year matter for investors? 02:45 Big changes from the 2026 Budget Speech 04:00 The new tax-free savings annual limit 06:55 The new retirement fund deduction cap 10:50 2026 tax updates that could affect how portfolios are structured 11:30 How does the 2026 Budget affect offshore investing? 12:40 Tax optimisation tips for the 2026 Budget 14:00 Practical tips for dealing with the 2026 Budget 16:00 Monthly vs lump sum contributions to your tax-free savings account 18:00 Conclusion Investec Focus Radio SA

Central banks in the US, Eurozone and Japan all kept rates unchanged last week. But behind these decisions lie rising concerns about the impact of the Iranian War on a range of prices that have a major impact on inflation. The duration and intensity of the conflict will be key determinants of the overall impact on the inflation and growth outlooks. Investec Focus Radio SA

Artificial intelligence is rapidly reshaping economies, societies and power structures yet much of the conversation has swung between uncritical optimism and existential fear. In this episode of What Next? We explore how leaders can reclaim agency over the future of AI, ensuring it serves human progress rather than narrow commercial or political interests. Vilas Dhar, President, Patrick J. McGovern Foundation; philanthropist, technologist and advocate for human-centred AI, in conversation with hosts Lindsay Hooper and Marc Kahn, argues that the real challenge is not whether AI will become uncontrollable (this is the realm of Sci-Fi), but whether societies can adapt quickly enough to its social, economic and cultural impacts. He makes the case for shifting the focus away from hype and dominance towards participation, institutional imagination and moral courage and for designing AI systems that restore human agency and democratic participation, while supporting inclusion and long-term resilience. Investec Focus Radio SA