REPUBLIC OF SOUTH AFRICA - National Treasurys global investor call post tabling of the 2025 MTBPS

National Treasury’s global investor call post tabling of the 2025 MTBPS

REPUBLIC OF SOUTH AFRICA
Department of National Treasury
Issuer code: BIRSA
("National Treasury")

NATIONAL TREASURY'S GLOBAL INVESTOR CALL POST TABLING OF THE 2025 MEDIUM-
TERM BUDGET POLICY STATEMENT

The National Treasury hereby advises that on Wednesday, 12 November 2025, the South African
Minister of Finance, Mr Enoch Godongwana, will present the 2025 Medium-Term Budget Policy
Statement ("2025 MTBPS") 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 Nedbank and Citibank, alongside their empowerment partners Crede Capital and
RHO Capital, to arrange a non-deal Global Investor Call ("GIC") scheduled for
Wednesday, 12 November 2025 at 16:00 SAST / 14:00 GMT / 09:00 EST.

The GIC will be led by the Director General of the National Treasury, Dr Duncan Pieterse, and will
be supported by senior officials from the National Treasury.

There will be an open question and answer session during the GIC, and the Republic of
South Africa also welcomes the pre-submission of questions through the respective Nedbank or
Citibank representatives.

Nedbank:
• Name: Ronelle Singh / Pelokazi Tandwa
• Email address: ronellesi@nedbank.co.za / pelokazit@nedbank.co.za
• Contact details: +27 62 561 8430

Citibank:
• Name: Anele Dladla
• Email Address: anele.dladla@citi.com
• Contact details: +27 82 524 9558

Link to pre-register (recommended):
https://www.netroadshow.com/events/login/LE9zwo3hNmK1kDGuclcXhv5d6suWA3rfukC

Link for the audio replay (only available following the GIC):
https://www.netroadshow.com/events/login/LE9zwo3hNmK1kDGuclcXhv5d6suWA3rfukC

Following the tabling of the 2025 MTBPS, a presentation will be available on the National
Treasury's website:
http://investor.treasury.gov.za/RoadshowPresentations/Forms/AllItems.aspx
                                         

For further enquiries contact:

Terry Bomela-Msomi
Director: Debt Issuance and Management
012 315 5753 / +27 66 289 2492

Pretoria
7 November 2025

Debt Sponsor
One Capital

Date: 07-11-2025 08:40:00
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