Dr Roelof Botha is currently Joint Managing Director of GOPA Group SA, a multi-disciplinary research company that specialises in development facilitation. He has been an economic advisor to PricewaterhouseCoopers for the past 17 years and is an experienced presenter & sought after consultant.
In 2005, he received the Sake-24/ABSA award for Economist of the Year, based on the accuracy of forecasts of key economic indicators. He is a regular commentator on topical macroeconomic issues (in the national and regional media) and has authored more than 100 articles, books and research publications.
Dr Roelof Botha’s broad experience includes management accountant of a listed industrial company, financial editor of a daily newspaper, economic policy advisor in the Department of Finance, senior economics lecturer at the University of Pretoria & University of Johannesburg, chief economist of the South African Federated Chamber of Industries, and visiting lecturer at the Gordon Institute of Business Science (GIBS) & Tshwane University of Technology.
The state of the nation
An informed keynote address by Dr Roelof Botha
In the midst of unprecedented exchange rate volatility during 2016, the South African currency slowly but surely started to shed its undervalued status. In the process, the rand has been one of the best-performing currencies in the world over the past 12 months, strengthening by 21% against the US dollar. This outcome was accurately predicted by Dr Roelof Botha (part-time economic advisor to PwC) in January last year. His current research indicates a number of reasons to believe that the rand will experience a relatively stable 2017, SA bonds will retain their investment grade status and that economic growth may surprise on the upside.
The global economy
Global economy gaining some momentum
China facing structurally lower growth
The dawning of a new World order- multiple superpowers
International credit ratings agencies losing face
Socio-political overview – South Africa
Labour unrest – a serious threat, but potential solutions exist
The nature of social unrest – a macro or micro-level problem?
Unpacking the NDP- which objectives will receive priority?
A time-line for the end of the tripartite alliance
Prospects for the regional & South African economy
GDP growth forecasts for SADC
Relatively low interest rate environment set to continue
Relatively stable exchange rate expected over the medium term
Trends in household consumption expenditure
Capital formation trends
Gradual return of the “wealth effect”
Constraints to and drivers of economic growth in 2015
The diminishing role of the mining sector
Threats facing agriculture & food security
Commodity cycle downturn enters 5th year – time for an upswing?
Energy – structural shifts in supply & the demand response
The portfolio investment industry – lucrative & growing