Fitch lifts SA rating after 21 years & PPC’s turnaround pays off as profits surge

About this episode

Stephen Grootes discusses South Africa's credit rating upgrade and PPC's financial turnaround with industry experts.

Stephen Grootes speaks to George Glynos, Director and Head of Research at ETM Analytics, about Fitch’s upgrade of South Africa’s credit rating,  its first in almost 21 years, driven by stronger fiscal discipline, improving revenue collection and lower‑than‑expected debt projections that point to stabilising government finances. In other interviews, PPC CEO Matias Cardarelli talks about the cement producer’s strong financial performance and the progress of its ambitious turnaround strategy. PPC reported a 75% jump in earnings per share, a significant increase in profitability and a sharp improvement in cash generation, driven largely by the performance of its South African cement business. 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…

People in this episode

Host: Stephen Grootes

Guests: George Glynos, Matias Cardarelli

Topics covered

• credit rating
• financial performance
• business turnaround
• economic trends
• investment opportunities

Keywords

• Fitch
• South Africa
• credit rating
• PPC
• financial performance
• turnaround strategy
• earnings per share
• Stephen Grootes

Mentioned in this episode

Organizations: ETM Analytics, PPC

Places: South Africa

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