Moneyweb Radio SAfm Market Update with Moneyweb

Market Watcher: Pick n Pay sells off Boxer shares

Loading player...
Makwe Masilela of Makwe Fund Manager reflects on how markets are reacting to the US-Iran conflict deadlock and concerns that central banks may keep interest rates elevated. While the JSE finished the day slightly stronger it may reverse tomorrow and Chinese markets responded to slowing growth rates. He reflects on Pick n Pay selling part of its Boxer stake, the need for liquidity and opportunities available to help the ailing group.

Makwe Masilela – CIO, Makwe Fund Manager
18 May 1PM English South Africa Business · News

Other recent episodes

[FULL SHOW] Pepkor's fintech acquisition, NEV jobs, and the future of African tourism

This evening, we unpack the latest market movements with Otto1890, discuss Pepkor's landmark fintech acquisition with the FinTech Association of South Africa, examine the future of new energy vehicles (NEVs) and job security with Naacam, explore tourism trends across Africa with MSC Cruises South Africa, and, in our Executive Lounge,…
22 Jul 1PM 54 min

Market Watcher: Markets on a coalition course

David Shapiro of Otto1890 discusses South Africa's inflation spike, the prospect of another interest rate hike, global market trends, the US earnings season, the AI rally, higher oil prices and the rand's resilience.
22 Jul 1PM 12 min
All episodes