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National Treasury’s global investor call post 2025 budget tabling
REPUBLIC OF SOUTH AFRICA
Department of National Treasury
Issuer code: BIRSA
("National Treasury")
NATIONAL TREASURY'S GLOBAL INVESTOR CALL POST 2025 BUDGET TABLING
On Wednesday, 19 February 2025, the South African Minister of Finance, Mr Enoch Godongwana,
will table the 2025 Budget Review to Parliament.
The Republic of South Africa, rated Ba2 (stable) by Moody's Investors Service Incorporated,
BB- (positive) by S&P Global Ratings and BB- (stable) by Fitch Ratings (Hong Kong) Limited, has
mandated Goldman Sachs International and Investec Bank Limited, alongside their
empowerment partners, Vunani Capital Partners and Cinga Capital, to arrange a non-deal
Global Investor Call ("GIC") scheduled for Wednesday, 19 February 2025 at 16:00 SAST /
14:00 GMT / 09:00 EST.
The GIC will be led by the Director General of the National Treasury, Dr Duncan Pieterse, and will
be supported by senior National Treasury officials.
As a result of the National Treasury's role as Chair of the Finance Track of the G20 and the
G20 Leaders' Summit that is scheduled to be held later this year, the GIC will not be followed by a
series of in-person fixed income investor update meetings either domestically or internationally,
due to conflicts with scheduled G20 meetings. Any changes in this regard will be communicated to
the market.
There will be an open Q&A session during the GIC, and the Republic of South Africa also welcomes
the pre-submission of questions through the respective Goldman Sachs International or
Investec Bank Limited representatives:
Investec Bank Limited:
• Name: Leanne Large
• Email address: Leanne.Large@investec.com
• Contact details: +27 82 494 8804
Goldman Sachs International:
• Name: Rumbi Wasterfall
• Email address: rumbi.wasterfall@gs.com
• Contact details: +44 207 774 6671
Link to pre-register (recommended):
https://www.netroadshow.com/events/login?show=83dac3e4&confId=77139
Link for the audio replay (only available following the GIC):
https://www.netroadshow.com/events/login?show=83dac3e4&confId=77139
Following the tabling of the 2025 Budget, a presentation will be available on National Treasury's
website:
https://shorturl.at/1VyCh
For further enquiries contact:
Terry Bomela-Msomi
Director: Debt Issuance and Management
012 315 5753 / +27 66 289 2492
Pretoria
11 February 2025
Debt Sponsor
One Capital
Date: 11-02-2025 02:30:00
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