Johannesburg, 27 May 2021: The Johannesburg Stock Exchange (JSE) and joint sponsors, Citi and Absa Bank are pleased to announce that they will virtually host the inaugural United Kingdom (UK), Middle East (Dubai) & South East Asia (Hong Kong and Singapore) South Africa Tomorrow Investor conference on 17 – 18 June 2021. The conference aims to showcase South African institutions and listed companies to the investor community in the various regions and drive foreign direct investment into South Africa.
Finance Minister Tito Mboweni, South African Reserve Bank Governor Lesetja Kganyago, and Minister Pravin Gordhan, Minister of Public Enterprises will partner with prominent South African business leaders to engage investors on the country’s economic recovery strategy and plans to accelerate growth as it tackles the impact of the COVID-19 pandemic on its economy.
The South Africa Tomorrow conference will keenly focus on the country’s economic recovery plan which prioritises economic policy reforms and infrastructure development, among other growth levers. Importantly, the plan envisages a new era of public-private partnerships and a greater role for private investment that delivers positive social impact. The delegation is expected to showcase the progress the country is making in efforts to revive the economy, address its challenges, and implement the much-needed structural reforms.
Leila Fourie, Group CEO of the JSE, says: “The impact of the COVID-19 pandemic has presented a number of challenges to the South African economy, and indeed seen great uncertainty globally. It is an important time for us to partner as we focus on and drive sustainable and inclusive growth for our country. The country offers attractive investment prospects for our international investors and we need to have those vital engagements to unlock that investment together.”
“With the global disruption to markets caused by COVID-19, investment will be vital to accelerate South Africa’s economic recovery. South Africa’s economic potential and investment opportunities are huge, and our partnership will help ensure that international investors and South African businesses are able to capitalise on trade and investment opportunities, now and in the future. I expect the conference will demonstrate what has been achieved, and establish a platform for what can be done, working in collaboration in the future”, says Citi Country Officer, Peter Taylor.
“We are very excited at the opportunity to be involved with this conference that demonstrates to international investors, that South Africa is open for business. As a leading Pan African financial services institution, we always seek to be involved with platforms that seek to build on the great investment opportunities across our continent, that drive economic growth and jobs”, said Absa CIB CEO, Charles Russon.
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ABOUT THE JSE
The Johannesburg Stock Exchange (JSE) has a well-established history operating as a marketplace for trading financial products. It is a pioneering, globally connected exchange group that enables inclusive economic growth through trusted, world class, socially responsible products, and services for the investor of the future. It offers secure and efficient primary and secondary capital markets across a diverse range of securities, spanning equities, derivatives, and debt markets. It prides itself as being the market of choice for local and international investors looking to gain exposure to leading capital markets on the African continent. The JSE is currently ranked in the Top 20 largest stock exchanges in the world by market capitalisation, and is the largest stock exchange in Africa, having been in operation for over 130 years.
As a leading global exchange, the JSE co-creates, unlocks value & makes real connections happen.
ABOUT CITI
Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.
Additional information may be found at www.citigroup.com | Twitter: @Citi | YouTube: www.youtube.com/citi | Blog: http://blog.citigroup.com | Facebook: www.facebook.com/citi | LinkedIn: www.linkedin.com/company/citi.
ABOUT Absa Group Limited
Absa Group Limited (‘Absa Group’) is listed on the Johannesburg Stock Exchange and is one of Africa’s largest diversified financial services groups.
Absa Group offers an integrated set of products and services across personal and business banking, corporate and investment banking, wealth and investment management and insurance.
Absa operates in 14 countries. The Group owns majority stakes in banks in Botswana, Ghana, Kenya, Mauritius, Mozambique, Seychelles, South Africa, Tanzania (Absa Bank Tanzania and National Bank of Commerce), Uganda and Zambia and has insurance operations in Botswana, Kenya, Mozambique, South Africa and Zambia. Absa also has representative offices in Namibia and Nigeria, and securities entities in the United Kingdom and the United States.
For further information about Absa Group Limited, please visit www.absa.africa
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