Call for global investors to register for post MTBPS engagement

Global investors, who wish to participate in engagements on the Medium-Term Budget Policy Statement (MTBPS) after it has been delivered by the Minister of Finance, have been encouraged to register for the roadshows that will be led by National Treasury. Finance Minister Enoch Godongwana will present the 2024 Medium Term Budget Policy Statement (2024 MTBPS) to Parliament on Wednesday, 30 October 2024. 'The Republic of South Africa, rated Ba2/BB-/BB- (Moody's/S and P/Fitch) has mandated Absa and J.P. Morgan to arrange a Global Investor Call (GIC) and a non-deal domestic roadshow to engage investors post tabling the MTBPS,' National Treasury said on Thursday. The GIC is scheduled for Wednesday, 30 October 2024 at 16:00 SAST / 14:00 GMT / 10:00 EST, followed by a series of in-person fixed income investor update meetings in Cape Town on Thursday, 31 October 2024, and Friday, 1 November 2024, and in Johannesburg on Monday, 4 November 2024. Absa will be arranging logistics. The GIC and investor meetings will be led by the National Treasury Director-General, Dr Duncan Pieterse, and will be supported by senior officials. The in-person international investor meetings will commence in New York on Monday, 18 November 2024, and in Boston on Tuesday, 19 November 2024, followed by investor meetings in London on Thursday, 21 November 2024, and Friday, 22 November 2024. J.P. Morgan will be arranging logistics. This is part of National Treasury's regular post-Budget and MTBPS investor engagements. The link to pre-register for GIC is https://www.netroadshow.com/events/login?show=b14749a4 and confId=71747. Source: South African Government News Agency