Godongwana on navigating a new global economic risk & Mahindra eyes major SA plant upgrade

Godongwana on navigating a new global economic risk & Mahindra eyes major SA plant upgrade

From The Money Show by Radio 702

April 17, 2026 · 39 min

About this episode

The episode features discussions on global economic risks and local automotive industry developments in South Africa.

Motheo Khoaripe speaks to Finance Minister Enoch Godongwana about the global economic fallout from rising geopolitical tensions, including the impact of disruptions around the Strait of Hormuz on oil prices and what that means for South Africa’s inflation, fuel costs and growth outlook, alongside key discussion outcomes from the IMF World Bank Spring Meetings. In other interviews, Renai Moothilal, CEO and Executive Director of the National Association of Automotive Component and Allied Manufacturers talks about Mahindra’s advanced plans to upgrade its South African plant, the potential shift to completely knocked-down production, and what deeper local manufacturing could mean for competition, jobs and affordability in the country’s fast‑growing auto market. 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…

People in this episode

Host: Stephen Grootes

Guests: Enoch Godongwana, Renai Moothilal

Topics covered

  • global economic risk
  • geopolitical tensions
  • oil prices
  • South Africa's inflation
  • automotive industry
  • local manufacturing

Keywords

  • global economy
  • geopolitical tensions
  • oil prices
  • South Africa
  • automotive manufacturing
  • inflation
  • IMF
  • World Bank

Mentioned in this episode

Organizations: National Association of Automotive Component and Allied Manufacturers, Radio 702

Places: Strait of Hormuz, South Africa

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