How SA business Managed to Avert the Credit Downgrade

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HOW SA AVERTED THE CREDIT DOWNGRADE – WITH CAS COOVADIA

Publication Date: 22/08/2016

Join us as our guest of honour, Cas Coovadia, (Managing Director of the Banking Association
of South Africa) shares his insights and perspectives on how SA business managed to
avert the credit downgrade.

The presentation will be followed by an engaging panel discussion, and panellists will
include Cas Coovadia, Fred Robertson (Executive Chairman and co-founder of Brimstone), Dennis Dykes (Nedbank’s Chief Group Economist) and Colin Daries (Chairman of WECBOF).

Date: Wednesday, 17 August 2016
Venue: Southern Sun Newlands Hotel,
7 Main Road, Newlands
Time: 18:00 for 18:30 – welcome drinks and registration
19:00 – guests to be seated
Dress code: Business casual
Costs: R350 for members/ R 450 for non-members

RSVP: To Rene Scotsman on 021 951 6852 or
email rene@wecbof.co.za
by Monday, 8 August 2016

Please advise on specific dietary requirements

Our mailing address is:
| office@wecbof.co.za |

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Mr. Cas Coovadia, MD of the Banking Association South Africa, will discuss the importance of the commitments by South African business leaders and establishment of a high level forum of the country’s top CEOs, to work closely with Government and labour to help accelerate higher economic growth, job creation and strengthen public finances. This includes the noteworthy role that business has played this year in working with the Minister of Finance and Government more broadly to address the structural issues hampering the economy, which can be remedied to put South Africa on a high growth path. Moreover, he will highlight what business can do to increase confidence in the country and demonstrate that local businesses are beginning to invest. Mr. Coovadia will also discuss the key sectors impacted on by low growth and what can be done collectively by business in partnership with Government and labour to mitigate these challenges and enable a conducive environment for long-term growth and development.

Mr. Coovadia’s insights and perspectives will draw on the learnings and lessons from the South African banking industry’s participation in the Minister of Finances’ roadshow with international investors and ratings agencies.