The World Economic Forum Annual Meeting in Davos offered fewer illusions, and more realism. The rules-based order is no longer assumed. Geopolitics is now embedded in balance sheets. Scale matters. Delivery matters more.

In the final episode of our Davos Debrief podcast series, Investec Group Chief Executive Fani Titi argues that the defining advantage in today’s global economy is adaptability - the ability of countries and companies to operate amid volatility without waiting for certainty.

Read more on www.investec.com/now Investec Focus Radio SA

AI has moved beyond experimentation. It now sits at the centre of decision-making. At the World Economic Forum Annual Meeting in Davos, the conversation is clear - how can leaders use AI to drive growth, manage risk and reshape work.

In episode 2 of our Davos Debrief series, Jeremy Maggs speaks to Lyndon Subroyen, Investec’s Global Head of Digital & Technology, on why AI is a platform shift, not a passing trend, and what that means for strategy, talent and long-term competitiveness.

Key podcast moments:

00:00: Introduction

01:30: Inside Davos: the spirit of dialogue

02:10: AI’s economic promise and the platform shift

03:05: Balancing AI opportunity and disruption

04:22: Innovating fast without crashing: managing AI risk

05:12: From builders to users: how AI diffuses into society

06:06: Investing in people for an AI-augmented economy

07:16: The skills that matter most in an AI world

08:17: Keeping humans in step with rapid technological change

09:23: Rethinking operating models for the future of work

11:44: Cybersecurity, geopolitics and the dark side of innovation

12:58: Governance, ethics and guardrails for AI at scale

14:01: AI as a growth engine for the global economy

15:11: Sector winners and the universal impact of AI

15:36: Emerging markets and the opportunity to leapfrog

17:04: The one question leaders must ask after Davos

Read more on www.investec.com/now

Hosted by seasoned broadcaster, Jeremy Maggs, the No Ordinary Wednesday podcast unpacks the latest economic, business, and political news in South Africa, with an all-star cast of investment and wealth managers, economists and financial planners from Investec. Listen in every second Wednesday for an in-depth look at what's moving markets, shaping the economy, and changing the game for your wallet and your business. Investec Focus Radio SA

Chris Holdsworth looks at some of the key takeouts from Investec’s latest global asset allocation committee meeting. These include decisions to maintain an underweight position in US equities – based on the country’s economic outlook and high valuations – and to increase the allocation to Japanese equities. Investec Focus Radio SA

The World Economic Forum Annual Meeting is here and markets are paying attention. As leaders gather in Davos, the conversations will likely shape risk premiums, capital allocation and investor confidence in the months ahead.

In episode one of our special Davos Debrief podcast series, host Jeremy Maggs is joined by Chris Holdsworth, Chief Investment Strategist at Investec, to cut through the noise and focus on what really matters for investors.

Podcast key moments:

00:00 - Introduction

01:49 - How should investors interpret the 2026 Global Risks Report findings

02:28 - Does a shift in risk weighting change the thinking around capital allocation and diversification?

03:03 - Are investors underestimating the economic side of global risk?

04:47 - Are investment opportunities and risks in a more multipolar or contested economic order?

05:24 - Where do you see growth potential right now, both in developed economies and in emerging markets?

07:03 - How should investors balance their innovation upside with systemic risk exposure?

08:02 - How do investors think about resilience, whether for portfolios, for businesses or economies?

08:47 - What are the three signals or outcomes that you'll be watching closely at WEF2026?

10:03 - From an investment perspective, how material are positive economic signals from South Africa?

11:55 - What’s the one thing investors should be watching this week when it comes to South Africa's positioning in global portfolios?

Read more on www.investec.com/now

Hosted by seasoned broadcaster, Jeremy Maggs, the No Ordinary Wednesday podcast unpacks the latest economic, business, and political news in South Africa, with an all-star cast of investment and wealth managers, economists and financial planners from Investec. Listen in every second Wednesday for an in-depth look at what's moving markets, shaping the economy, and changing the game for your wallet and your business. Investec Focus Radio SA

Drowning in credit offers the moment you land your first paycheck? You’re not imagining it, from store cards to buy-now-pay-later, young professionals are being pulled into debt faster than they can say “credit approved".

In this episode of Everything Counts, host Motheo Khoaripe sits down with Investec’s Keshnie July, Lending Product Owner and Lehlogonolo Ramushu, Credit Risk Consultant, to unpack why so many young people find themselves overwhelmed by debt so early in their careers and what you can do to avoid falling into the debt trap.

From building a healthy credit record without sabotaging your future, to spotting bad deals, understanding unsecured loans and recognising the emotional and social pressures that drive overspending, this conversation takes you inside the real-world decisions that shape your financial life.

You’ll hear why “easy credit” isn’t always your friend, how small habits snowball into big consequences and the practical steps every young professional can take to stay in control, protect their credit score and build a foundation for long-term wealth.

If you’re earning your first salary, navigating credit for the first time or trying to break free from financial stress, this episode will equip you with the clarity and confidence you need to make smarter money decisions.

00:00 Introduction

01:14 Why are so many young people in debt?

02:13 Building a credit record

02:35 The impact of credit decisions

03:48 The marketing of debt

04:27 Unsecured loans and how easy it is to fall into the debt trap

05:03 Importance of reading the fine print

06:14 How much debt is too much?

07:15 Controlling your money habits

07:55 Understanding your finances

09:00 The importance of financial literacy

11:22 Financial mistakes young professionals make

14:36 Financial advice for young professionals: How to spot a bad deal

16:45 The long-term consequences of too much debt

17:20 How debt and credit usage affect your credit score

18:50 What is good debt?

19:50 Debt consolidation and debt review

21:50 Conclusion Investec Focus Radio SA

In the first episode of Macro Monday for 2026, our Chief Investment Strategist Chris Holdsworth looks at market performance over the last year. While US equities added 18% in 2025, it lagged behind global equities (up 23%) and an array of countries, including South Africa. One of the top-performing currencies last year was the rand, which benefited from improved fundamentals and a weaker US dollar. Investec Focus Radio SA

Listen to Frank Kilbourn of Strauss & Co. and Ashleigh McLean of Whatiftheworld Gallery on how galleries and auction houses navigate market cycles, build sustainable artist careers, and assign value in a constantly shifting art ecosystem. They also share invaluable insider-insights on upcoming artists to watch.

Key moments:

00:00 Introduction

01:19 Guests' personal journeys into the art world

05:48 Understanding the Primary and Secondary art markets

08:09 Market dynamics and pricing strategies

17:44 Building and sustaining an artist’s career

23:26 Current market trends and shifts

30:49 Dream art acquisitions Landing page to explore all of Art in Focus podcast series · Investec Focus Radio SA

As the year wraps up, it's the perfect moment to pause, reflect, and refocus. From building a resilient wealth mindset to navigating digital risks, future-proofing your estate plans, rethinking retirement, and making smarter energy choices — this year’s conversations have reshaped how we think about money, security, and long-term wellbeing.

In this special Year in Review episode of Everything Counts, we revisit the ideas that pushed us to grow, question assumptions, and plan with greater intention. From the habits that unlock financial confidence to the rising trends changing how we work, save, protect ourselves, and power our homes, this roundup captures the big shifts shaping a more empowered financial future.

Whether you’ve taken small steps, bold leaps, or simply absorbed new insights along the way, this episode is your invitation to carry that momentum forward. Here’s to entering the new year with clarity, courage, and a mindset built for possibility.

00:00 Introduction

01:00 What is a wealth mindset?

03:50 The importance of mentorship and learning about money

05:00 How do you start again when things go wrong?

07:30 Estate planning and drafting a will in South Africa

08:00 What happens if you don’t have a will?

09:00 What makes a will valid in South Africa?

10:00 Impact of poor savings habits and why early retirement planning is key

13:30 How a financial advisor can help with retirement planning

15:00 What happens if you outlive your retirement savings?

16:00 Business cybersecurity and common scams

17:10 Business email compromise

18:00 Understanding social engineering

19:00 The use of AI in cybercrime

20:00 Cybercrime to look out for

22:00 Home solar systems in South Africa

23:00 Solar installation regulations in South Africa

24:30 Solar compliance and safety considerations

28:00 Conclusion Investec Focus Radio SA

Group Chairman of Standard Chartered, José Viñals, Sarah Kemmitt, former lead of the UN Net Zero Banking Alliance and Dr. Nina Seeger, Director of CISL Centre for Sustainable Finance discuss how finance can accelerate sustainable development more effectively. From addressing the mispricing of climate and nature risk, to correcting market distortions, tackling permitting bottlenecks and supporting coherent policy, the conversation highlights the conditions needed to align global capital with a cleaner, fairer, more resilient global economy. Investec Focus Radio SA

Feeling like your December budget melts faster than an ice cream in the sun?

You’re not alone; even the most disciplined savers lose control when the festive season hits.

In this episode of Everything Counts, Motheo Khoaripe sits down with Investec financial advisor Nirvashni Rajkumar to unpack why we overspend in December, how festive marketing and emotions cloud our judgment, and the practical steps you can take right now to avoid a financial hangover in January.

From understanding the psychology behind “DeZemba,” to making your 13th cheque last, and setting a realistic December budget the whole family can get behind. This conversation is packed with real-world strategies to help you celebrate without regret.

If you want to end the year with clarity, avoid holiday overspending, and start the next one strong, you’re in the right place.

00:00 Introduction

01:30 Why are we prone to overspending during the holiday season?

03:00 How festive marketing drives holiday season spending

04:00 The psychology of holiday spending

06:00 When should we start budgeting for December?

07:00 Planning for holiday season spending isn’t a one-person job

08:15 How your financial advisor can help with your December budget

10:00 How to make your 13th cheque last: Confronting financial vulnerabilities

14:00 Top tips to avoid blowing your December budget

15:00 Setting a realistic December budget

18:00 Teaching children about delayed gratification

19:00 Hacks to getting the most out of your holiday season spending

23:00 How to plan and budget for the year ahead

26:30 How to end the year with financial clarity

27:30 Conclusion Investec Focus Radio SA