28
SEP
Money Market with Chris Gibbons
Eskom to get a new board, more dismal unemployment figures released by Stats SA, and 1.6 million work days lost due to strike action.
28
SEP
Money Market with Chris Gibbons
Eskom to get a new board, more dismal unemployment figures released by Stats SA, and 1.6 million work days lost due to strike action - is Eskom or the Trade Unions our worst enemy?
27
SEP
Money Market with Chris Gibbons
The rand comes under pressure due to load shedding with Ramaphosa warning that rolling blackouts will not be going away anytime soon, and the pound dips to a record low causing no confidence letters to roll in for PM Liz Truss.
26
SEP
Money Market with Chris Gibbons
SA billionaire Johann Rupert’s investment vehicle, Remgro, is planning to sell its stake in the local energy giant TotalEnergies, and investors are bracing for another week of market mayhem.
23
SEP
Money Market with Chris Gibbons
No surprises as the week ends with another interest rate hike by the Reserve Bank in a bid to fight rampant inflation - the underlying cause - the war in Ukraine.
22
SEP
Money Market with Chris Gibbons
The Federal Reserve has increased interest rates by 0.75%, SAA could face liquidation, and Treasury says carbon tax on businesses to remain in place.
21
SEP
Money Market with Chris Gibbons
A full-blown public service strike is moving closer, small businesses are battling thanks to Eskom, and all eyes are on the US Federal Reserve Bank ahead of their meeting this week.
20
SEP
Money Market with Chris Gibbons
Global markets look to be rebounding on the back of the US Federal Reserve Bank's decision, but, South Africa continues to take pressure due to load shedding with worse to come.
19
SEP
Money Market with Chris Gibbons
How much worse is it going to get for Eskom? And as a consequence for us? Sekunjalo Group of Companies’ bank accounts will remain open after the Western Cape High Court reserved judgment in Nedbank's appeal, and the US Federal Reserve Bank to announce an interest rate hike this week.
16
SEP
Money Market with Chris Gibbons
Financial services group FirstRand has declared its highest ever annual dividend, Eskom is pushing for NERSA to approve a 32% rate hike, and the World Bank warns of the possibility of a global recession.
15
SEP
Money Market with Chris Gibbons
French billionaire Vincent Bollore’s media empire has nearly doubled its stake in SA's MultiChoice following a collaboration between the two on local productions, SA Express has been placed in final liquidation, while Mango remains in business rescue.
14
SEP
Money Market with Chris Gibbons
The markets are somewhat jittery after US inflation figures released were higher than expected, this will have a knock-on effect globally, and as if that wasn't enough, mining production is down, hampered by load shedding, logistical constraints, and higher production costs.
