S&P flags fiscal risks as ANC hits SARB shift; Shein, Temu boom threatens SA retail jobs

Stephen Grootes speaks to Gina Schoeman, Economist at Citi, and Duma Gqubule, Economist and Research Associate at the Social Policy Initiative, about S&P flagging fiscal risk as the ANC criticises Reserve Bank Governor Lesetja Kganyago’s move to cut the inflation target.

In other interviews,  Eustace Mashimbye, CEO of Proudly SA talks about a new study revealing that over 34,000 clothing retail and manufacturing jobs in South Africa could be displaced by 2030 due to the growing market share of offshore e-commerce platforms like Shein and Temu.

The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape. 
 
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