{"id":454954,"date":"2020-12-07T10:52:20","date_gmt":"2020-12-07T08:52:20","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=454954"},"modified":"2020-12-07T10:52:20","modified_gmt":"2020-12-07T08:52:20","slug":"business-talk-in-conversation-with-michael-jordaan","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/banking\/454954\/business-talk-in-conversation-with-michael-jordaan\/","title":{"rendered":"Business Talk \u2013 In conversation with Michael Jordaan"},"content":{"rendered":"<p>Michael Jordaan is one of South Africa\u2019s most respected business leaders and is<span class=\"aCOpRe\"> the former chief executive officer of First National Bank (FNB).<\/span><\/p>\n<p>After stepping down from his role in 2013, he founded Montegray Capital, through which he has backed 25 entrepreneurial ventures including Rain, Bank Zero, NMRQL, CodeX, and VALR.<\/p>\n<p>He has rapidly became one of the most respected venture capitalists in South Africa, with his latest venture, Bank Zero, set to launch in earnest in 2021<\/p>\n<p>In this episode of Business Talk with Michael Avery, Jordaan says that while 2020 marks a dreadful year for humanity, there is hope for the future &#8211; particularly if one looks at the developments in science, namely the numerous vaccines that will soon be made available.<\/p>\n<p>2020, he says, has also brought us closer to the future, particularly in the digital space.<\/p>\n<p>Jordaan notes that data growth will give rise to entire new business sectors, sparking new business. The borders are flattening, with South Africans open to all kinds of opportunities.<\/p>\n<p>&#8220;Confidence is the cheapest booster of economic growth,&#8221; Jordaan says.<\/p>\n<p>He talks through some of the challenges with starting a new business, but also highlights some of the successes, citing the example of how startup Rain has performed, particularly over the last several months &#8211; and in line with his mantra which is to &#8216;never waste a good crisis&#8217;.<\/p>\n<p>Jordaan is confident and optimistic about South Africa&#8217;s future, but says that the government needs to take difficult decisions and make the necessary reforms.<\/p>\n<p><iframe loading=\"lazy\" src=\"https:\/\/www.youtube.com\/embed\/BFhlfdNjjt8\" width=\"640\" height=\"370\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><span style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" data-mce-type=\"bookmark\" class=\"mce_SELRES_start\">\ufeff<\/span><\/iframe><\/p>\n<hr \/>\n<p><strong>Read: <a href=\"https:\/\/businesstech.co.za\/news\/banking\/454230\/business-talk-in-conversation-with-basani-maluleke\/\" target=\"_blank\" rel=\"noopener noreferrer\">Business Talk \u2013 In conversation with Basani Maluleke<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Michael Jordaan is one of South Africa\u2019s most respected business leaders and is the former chief executive officer of First National Bank (FNB).<\/p>\n","protected":false},"author":10,"featured_media":453636,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[961],"tags":[26,15654],"class_list":["post-454954","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking","tag-headline","tag-montegray-capital"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/454954","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=454954"}],"version-history":[{"count":6,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/454954\/revisions"}],"predecessor-version":[{"id":455016,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/454954\/revisions\/455016"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/453636"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=454954"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=454954"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=454954"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}