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National Treasury's global investor call post re-tabling of the 2025 budget
REPUBLIC OF SOUTH AFRICA
Department of National Treasury
Issuer code: BIRSA
("National Treasury")
THE NATIONAL TREASURY'S GLOBAL INVESTOR CALL POST RE-TABLING OF THE 2025 BUDGET
On Wednesday, 21 May 2025, the South African Minister of Finance, Mr Enoch Godongwana,
will re-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, 21 May 2025 at 16:00 SAST / 15:00 UKT
/ 10:00 EST.
The GIC will be led by Director General of the National Treasury, Dr Duncan Pieterse, and will be
supported by senior officials from the National Treasury.
The GIC will be followed by a series of in-person fixed income investor update meetings in
Cape Town and Johannesburg.
Details of in-person international fixed income investor update meetings will be communicated to
the market in due course, should this take place.
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.
Goldman Sachs International:
• Name: Rumbi Wasterfall
• Email Address: rumbi.wasterfall@gs.com
• Contact details: +44 207 774 6671
Investec Bank Limited:
• Name: Leanne Large
• Email address: Leanne.Large@investec.com
• Contact details: +27 82 494 8804
Link to pre-register (Recommended):
https://www.netroadshow.com/events/login?show=cf1b5e06&confId=82466
Link for the audio replay (only available following the GIC):
https://www.netroadshow.com/events/login?show=cf1b5e06&confId=82466
For further enquiries contact:
Terry Bomela-Msomi
Director: Debt Issuance and Management
012 315 5753 / +27 66 289 2492
Pretoria
12 May 2025
Debt Sponsor
One Capital
Date: 12-05-2025 01:53:00
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