Money Market with Chris Gibbons
it’s 'Money Market with Chris Gibbons'
Money Market with Chris Gibbons
The latest inflation figures for SA will be out Wednesday while the final meeting of the US Federal Open Market Committee takes place Tuesday, and Anglo Platinum becomes the latest big corporation to point a finger at Eskom as power cuts continue to wreak havoc on the economy.
Money Market with Chris Gibbons
The Consumer Confidence Index is up, Gwede Mantashe launches another scathing attack on Eskom, and a better day on the JSE.
Money Market with Chris Gibbons
Marcus Jooste's insider trading fine is drastically reduced, a negative day on the markets, and Gibbs counts the cost of Qatar's Soccer World Cup.
Money Market with Chris Gibbons
South Africa's economy is bigger than before the pandemic, petrol is going up, diesel and liquid paraffin are going down, and the "cash in sofa affair" has a fiscal impact.
Money Market with Chris Gibbons
Plenty of company news, reports abound that China is abandoning its zero covid strategy, and Ramaphosa heads to the constitutional court.
Money Market with Chris Gibbons
Investors in the rand and SA government bonds have their eye on the Phala Phala saga as the ANC Executive is set to decide Ramaphosa's fate today, and on the international front, China looks set to start easing its covid restriction policy.
Money Market with Chris Gibbons
The rand tanks, bond deals sour, and financial shares plummet as pressure mounts on President Rhamaphosa to resign, Sanlam and Absa sign a deal to create a R1-trillion black-owned asset manager, and Eskom attaches property of the debt-ridden Emfuleni municipality.
Money Market with Chris Gibbons
Transnet pours cold water on the proposal to develop a southern rail corridor to the Eastern Cape, government bans scrap metal exports for six months, and Jay Powell hints at a slowing of interest rate hikes.
Money Market with Chris Gibbons
South Africa is no longer the country with the highest unemployment rate in the world, and all eyes are on Federal Reserve Chair Jerome Powell ahead of his monetary policy speech to be delivered later today at the Brookings Institute in Washington D.C. (Chris Buchanan was standing in for Chris…
Money Market with Chris Gibbons
South Arica faces decades of load shedding according to a new study, interesting figures emerge after Black Friday and Cyber Monday, and a bumpy start to the week on the markets.
Money Market with Chris Gibbons
Has global inflation reached its peak? The third quarter unemployment figures are due out Tuesday, and East Asia markets are affected by anti-covid lockdown protests in China.
Money Market with Chris Gibbons
No surprises, interest rates are up by 325bps, annual headline producer price #inflation recorded its third consecutive month of decline, and a German court has announced that the accounting fraud trial of former Steinhoff CEO Markus Jooste will start early next year.
Money Market with Chris Gibbons
We're in for a rough ride as inflation snaps back, this also points to another interest rate hike likely to be announced this afternoon, and PetroSA bails Eskom out with 50m liters of diesel.
Money Market with Chris Gibbons
Can South Africa avoid greylisting? A major strike looms in the public sector, and Old Mutual is looking for a banking license.
Money Market with Chris Gibbons
Eskom scrambles to find cash somewhere, somehow to buy diesel, the price of oil continues to fluctuate, and it looks like another interest rate will be on the cards come Wednesday.
Money Market with Chris Gibbons
S&P Global Ratings affirms a positive outlook on South Africa, Eskom has run out of cash to buy diesel, brace yourself for extensive power cuts, and rising covid numbers in China affect the markets. (Chris Buchanan was standing in for Chris Gibbons)
Moeny Market with Chris Gibbons
Elon Musk's ultimatum to Twitter staff sparks a mass exodus, 800 thousand public servants prepare to down tools next week, and the JSE is dragged into the red. (Chris Buchanan was standing in for Chris Gibbons)
Money Market with Chris Gibbons
Former Old Mutual CEO Peter Moyo’s hopes of claiming millions from his previous employer have come crashing down, the Spar Group has reported a fall in profit for the year to September, and the US causes a wobble on Wall Street. (Chris Buchanan was standing in for Chris Gibbons)
Money Market with Chris Gibbons
Public Enterprises Minister Pravin Gordhan says the deal between South African Airways and Takatso is still "alive", the acting group executive for generation at Eskom is leaving the utility with immediate effect, and a rocket blast in Poland effects global markets. (Chris Buchanan was standing in for Chris Gibbons)
Money Market with Chris Gibbons
Cash-strapped South Africans looking for lower prices boost Shoprite's growth, investment company Brait aims to raise R3.7bn from Premier’s JSE listing, and pressure on the tech sector drags the JSE down. (Chris Buchanan was standing in for Chris Gibbons)