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] PnP results, Masiz fibre acquisition, Africa Day celebrations

This evening, we delve into the day’s market movements with Rand Swiss, unpack the resilience of the country’s major retailer with Pick n Pay, delve into the vision of a major fibre player with Maziv, see the healthy returns of the private hospital group with Netcare, explore the investment potential…
25 May 1PM 54 min

Market Watcher: Turning on the taps more difficult than turning them off

Gary Booysen of Rand Swiss unpacks the market's response to news of the ceasefire in the Strait of Hormuz. He explains the still-anticipated inflation shocks, the end of the fuel subsidies and the pressure of rate hikes on consumers. He weighs in on commodity prices boosting Harmony Gold's shares 7.61%…
25 May 1PM 7 min

Market Watcher: Turning on the taps more difficult than turning them off

Gary Booysen of Rand Swiss unpacks the market's response to news of the ceasefire in the Strait of Hormuz. He explains the still-anticipated inflation shocks, the end of the fuel subsidies and the pressure of rate hikes on consumers. He weighs in on commodity prices boosting Harmony Gold's shares 7.61%…
25 May 1PM 7 min
All episodes