Goldman's Colin Coleman on Eskom, Ramaphosa, and Yale

Colin Coleman, former head of the Sub-Saharan Africa group at Goldman Sachs, announces his resignation and new role at Yale University. The discussion covers South Africa's economic challenges, including Moody's rating and Eskom's financial issues. Coleman shares insights on Sub-Saharan Africa's progress and the importance of leadership in driving structural reforms. He also discusses the Rand's volatility and his future plans to bridge public and private sectors.

What new role has Colin Coleman announced after resigning from Goldman Sachs?

• Joining the United Nations

• Starting a new venture in South Africa

• Becoming a senior fellow and lecturer at Yale University

• Joining the World Bank

What is a significant challenge for South Africa's fiscal policy according to the discussion?

• Expanding the tourism sector

• Improving agricultural exports

• Reducing public sector wages

• Increasing foreign investments

What restructuring plan is suggested for Eskom to improve its financial situation?

• Privatizing the company

• Taking a portion of its debt onto the government's balance sheet

• Increasing electricity tariffs

• Reducing the workforce

What is Colin Coleman's perspective on the role of leadership in Sub Saharan Africa?

• Leadership is not crucial for economic reforms

• Leadership should focus solely on political stability

• Leadership is critical for implementing structural reforms

• Leadership should prioritize international relations

What does Colin Coleman believe is necessary for successful structural reforms in Africa?

• More involvement of the private sector

• Increased foreign aid

• Stronger military presence

• Higher taxation

How does Colin Coleman view the current value of the Rand?

• Overvalued

• Undervalued

• Fairly valued

• Not relevant to the economy

What is a key factor that Colin Coleman believes will drive a stronger Rand in the future?

• Decreased exports

• Increased government spending

• Proper structural reforms

• Higher interest rates