Market Watcher: Local markets outperform the S&P 500

This evening, we wrap up the day's market action with Sanlam Private Wealth, unpack the MPC's decision to hold interest rates with the Institute for Economic Justice, explore South Africa's LNG opportunities with Standard Bank Group, examine the PIC governance crisis with the University of Johannesburg, discuss the challenge of…

Nick Kunze of Sanlam Private Wealth discusses the JSE's decline, driven by higher oil prices, Google's AI spending and interest rate uncertainty. He explains why the MPC's decision to hold rates is good for consumers, and reflects on weaker US markets, Google's $6 billion AI investment and Tesla's lower profits.

Dr Mzwanele Ntshwanti – Senior researcher, Institute for Economic Justice

Professor Busani Ngcaweni – Director: Centre for Public Policy and African Studies, University of Johannesburg

Paul Eardley-Taylor – Gas sector lead, Standard Bank Group