Watch: Operation Phumelela Lekgotla recap
The inaugural gathering of the South African Financial Sector Competitiveness Taskforce brought together leaders from government and industry to chart a path for structural reform in South Africa’s financial sector. Watch the full clip below.
read more >>Summary of lekgotla discussions
The inaugural Operation Phumelela lekgotla, held on 2 June 2025 at the JSE, brought together senior leaders from industry and government, including regulators, to develop proposals aimed at strengthening the competitiveness of South Africa’s financial sector. Four workstreams presented research-backed recommendations across key structural issues: Non-ZAR listings and collateral Non-ZAR fund management Cost of capital…
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Listen: Operation Phumelela Lekgotla to Tackle Financial Sector Reforms
Krutham executive chairperson Dr Stuart Theobald, joins Michael Avery on Classic Business to discuss the Operation Phumelela Lekgotla. “The term Operation Phumelela is evocative of what Operation Vulindlela achieved in taking agreed policy and making sure it gets implemented. Many of the ideas we’re talking about are not new. In many cases, they’ve been agreed…
read more >>Operation Phumelela Lekgotla to Tackle Financial Sector Reforms
Senior leaders across South Africa’s financial sector are due to gather with policy makers, regulators and academics at the inaugural Operation Phumelela Lekgotla, taking place on Monday, 2 June 2025, at the JSE in Sandton. This practical working session aims to assess practical, forward-looking reforms that boost the global competitiveness of the South African financial…
read more >>MEDIA RELEASE – Launch: Operation Phumelela
A group of senior leaders in the South African financial services industry has formed The South African Financial Sector Competitiveness Taskforce, known as Operation Phumelela, to improve the capital markets’ ability to grow the economy, create jobs and increase services exports. The Taskforce will develop research and mobilise resources to improve onshore capacity and engage…
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