Director’s Cut: Mary Vilakazi - Inside FirstRand’s bold bet on South Africa’s recovery скачать в хорошем качестве

Director’s Cut: Mary Vilakazi - Inside FirstRand’s bold bet on South Africa’s recovery

FirstRand CEO Mary Vilakazi joins Alec Hogg for a wide-ranging conversation on booming ROE, business confidence turning the corner, the UK regulatory headache, and why corporate cash is finally starting to move. From competition at home to opportunities across Africa, Vilakazi explains why she believes South Africa is entering a new growth phase despite the political noise. Timestamps 00:00 Trading update overview 01:36 Why FirstRand ranks among global “quality stocks” 02:07 Explaining high earnings and ROE 02:57 UK regulatory provisions impact 03:49 Why SA banks outperform globally 04:41 GDP recovery and business confidence 05:33 Corporate-led credit growth 06:05 Transnet reforms and fixed investment 06:31 Housing reforms and lower rates outlook 07:31 Fee structures and regulation 08:20 Competition keeps banks innovative 09:10 New banking entrants and fintechs 10:36 Why growth needs GDP acceleration 11:16 Business confidence improving 12:09 Machinery replacement cycle 13:23 Fixing municipalities to unlock growth 14:17 Political headlines vs real business 15:18 SA’s international banking relationships 18:39 Growing competition from banks and fintechs 20:51 Informal economy opportunity 22:05 UK redress legal process 23:55 Capital deployment decisions 25:57 Managing the UK subsidiary 27:24 Is the UK still attractive? 29:20 East Africa expansion ambitions 32:16 Credit appetite and household lending 35:44 Is SA turning the corner? 36:49 Why Vilakazi is cautiously optimistic 38:33 Final thoughts Video production by Asime Nyide Support South Africa’s bastion of independent journalism, offering balanced insights on investments, business, and the political economy, by joining BizNews Premium. Register here - https://bit.ly/4ifcIWO Your early morning brew of the BizNews Insider keeps you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here - https://bit.ly/3is4b7l Join this channel to get access to perks:    / @biznewstv