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Press Offices > Investment Companies

Citadel Investment Services
Press Office Feature : Budget speech communication to be spiced up at Citadel

Company: Citadel Investment Services
Author:Daleen Cornelissen
Email:[email protected]
Posted:17 Feb 2011

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We plan to delve deeper into those issues that may have an impact on client's investment decisions

Leading private client wealthcare company, Citadel, will host a live broadcast for clients following the announcement of the national budget next week.

This will allow clients across South Africa to view and participate in the company's budget analysis.

"We constantly seek new and innovative ways to reach clients with relevant communication."

"This broadcast gives us the opportunity to host events in all the cities where Citadel is represented, and allows for interactivity unlike events hosted separately in each city," says Joe Bester (Pictured right), Head of Marketing and new Initiatives at Citadel.

Experienced and respected business and financial journalist, David Williams, will host a discussion with panellists from Citadel's investment and Trust company teams, which will be broadcast live on Summit TV the morning after the budget announcement.

"Clients are always pressed for time. By doing a broadcast to elaborate on issues raised in the budget that may affect our investment strategies, clients do not need to travel to a special venue."

"They can access the broadcast on their DStv decoder at home or office or on a computer with web access wherever they are. And we will be able to receive questions from clients via SMS and email while the discussion is underway," Bester said.

"Although the budget is analysed and discussed in all media immediately after the conclusion of the Minister's address, comment is mostly of a general nature around the future strategies of the government or the macro-economic impact of new policy directions."

"Changes to taxes, offshore investment allowances or similar issues affecting private investors are not that widely discussed immediately after the announcement."

"We plan to delve deeper into those issues as these may have an impact on client's investment decisions in the year ahead."

"Citadel investment strategist, George Herman, will consider the market and economic impact while Madeleine Schubert, a tax expert with Citadel Trust, will elaborate on tax issues," Bester added.

The broadcast will take place on Summit TV, channel 412 on DStv at 08:00 on Thursday, 24 February 2011. It will also be live streamed on Citadel's website at www.citadel.co.za.

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