Flanagan & Gerard Podcast Sessions #02 - Economic Climate in SA

Introducing our 2nd episode - Economic Climate in SA, we delve into the fascinating discussion on the impact of South Africa's economic landscape on retail property investments.
In a conversation between Paul Gerard and Peter Gerard, key insights are unveiled. Peter highlights the discrepancy between official statistics and the vibrant informal economy, shedding light on the true growth potential. Despite reported figures, their nationwide portfolio reveals a remarkable 13% average turnover growth among tenants.
Meanwhile, Pat Flanagan emphasizes the critical elements of a thriving nation and business: political stability, a solid banking system, and a moral compass. He acknowledges the existing two-tiered economy, where the private sector thrives amid challenges in the public sector.