BASA slams Tau’s credit U-turn; Moody’s warns SA trapped in costly debt spiral

Motheo Khoaripe speaks to Khulekani Mathe, CEO designate of Business Unity South Africa, and John Dludlu, CEO of the Small Business Institute, Refilwe Monageng, Chief Executive of the Black Entrepreneurs Alliance, about the growing rift between government and business over Minister Parks Tau’s sudden withdrawal of proposed credit reforms — a move critics say undermines trust, due process, and efforts to close the R350bn funding gap for small enterprises.

In other interviews, Dr Azar Jammine, Director and Chief Economist at Econometrix, explains  South Africa’s debt troubles after Moody’s flagged weak growth, rising fiscal strain and structural hurdles.

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. 
 
Thank you for listening to a podcast from The Money Show

Listen live Primedia+ weekdays from 18:00 and 20:00 (SA Time) to The Money Show with Stephen Grootes broadcast on 702 https://buff.ly/gk3y0Kj and CapeTalk https://buff.ly/NnFM3Nk

For more from the show, go to https://buff.ly/7QpH0jY or find all the catch-up podcasts here https://buff.ly/PlhvUVe

Subscribe to The Money Show Daily Newsletter and the Weekly Business Wrap here https://buff.ly/v5mfetc

The Money Show is brought to you by Absa  
 
Follow us on social media
 
702 on Facebook: https://www.facebook.com/TalkRadio702
702 on TikTok: https://www.tiktok.com/@talkradio702
702 on Instagram: https://www.instagram.com/talkradio702/
702 on X: https://x.com/CapeTalk
702 on YouTube: https://www.youtube.com/@radio702
 
CapeTalk on Facebook: https://www.facebook.com/CapeTalk
CapeTalk on TikTok: https://www.tiktok.com/@capetalk
CapeTalk on Instagram: https://www.instagram.com/
CapeTalk on X: https://x.com/Radio702
CapeTalk on YouTube: https://www.youtube.com/@CapeTalk567

See omnystudio.com/listener for privacy information.