Money Market with Chris Gibbons
it’s 'Money Market with Chris Gibbons'
Money Market with Chris Gibbons
The auction of broadband spectrum generates billions, the South Africa Consumer Confidence index is down, and passengers irate over Comair's grounding saga.
Money Market with Chris Gibbons
Petrol and diesel predicted to hit alarming highs, Eskom's diesel powered turbines, needed to keep the lights on, will cost the country billions, and Kulula.com is back in South African skies.
Money Market with Chris Gibbons
Another disastrous day on the JSE for Naspers and Prosus, Bloomberg mulls a fule price cap and grounded Comair will fly again but will need financial assistance.
Money Market with Chris Gibbons
An absolute bloodbath on the JSE for two of its heavyweights Naspers and Prosus, the Chinese city of Shenzhen in complete covid lockdown, and Comair remains grounded.
Money Market with Chris Gibbons
COMAIR remains grounded over safety concerns leaving thousands of passengers stranded, food prices predicted to rise globally by 22 percent due to the war in Ukraine, and the markets remain volatile.
Money Market with Chris Gibbons
The Special Investigating Unit has raided the offices of the National Lottery Committee, and Russian oligarch, and owner of Chelsea Football Club, Roman Abramovich, has his assets frozen.
Money Market with Chris Gibbons
The SA business index is up, Eskom's load shedding is costing the country a billion rand a day, and the price of oil is set to rise again in April.
Money Market with Chris Gibbons
South Africa has rebounded well from the pandemic, oil prices continue to rise, and McDonald's becomes the latest global brand to shut its doors in Russia.
Money Market with Chris Gibbons
Global markets remain in turmoil over the war in Ukraine, an interest rate hike is predicted for South Africa in the coming months, and Moscow warns it will cut off Germany's gas supply if the West pushes ahead with a ban on Russian oil imports.
Money Market with Chris Gibbons
The price of oil surges, this has a knock-on effect on everything moved by land, sea, or air, while Netflix and American Express join a slew of big-name companies to pull out of Russia.
Money market with Chris Gibbons
Stock markets around the world remain under pressure as Russia intensifies its attack on Ukraine.
Money Market with Chris Gibbons
The economic fallout from the war against Ukraine continues, Russia's markets remain closed, and Russian billionaire Roman Abramovich puts Chelsea Football Club up for sale.
Money Market with Chris Gibbons
More big names fingered in part three of the Zondo Commission's report, new vehicle sales are up, and the markets still feeling the effects of the Russian invasion of Ukraine.
Money Market with Chris Gibbons
"South Africa risks becoming a failed state", the public wage sector bill cited as one of the biggest risks to the country's finances, and government unveils its proposals to introduce new quotas for foreign workers.
Money Market with Chris Gibbons
Sanctions against Russia see Putin put his country's nuclear weapons on high alert while western governments clamp down on 'golden passports', and the oil price jumps by R1.46 cents a liter.
Money Market with Chris Gibbons
Global markets whiplashed by Russia's invasion of Ukraine, Naspers and its subsidiary feel the effect and we can expect the price of bread to go up, and of course fuel.
Money Market with Chris Gibbons
A broad welcome for Finance Minister Godongwana's budget and his tough-love policy for state-owned enterprises, negative reaction came from credit rating agency Fitch, as they warned the powers that be to curtail government spending and do more to contain rising debt.
Money Market with Chris Gibbons
Global markets react to Russia's invasion, of Ukraine, and key points in today's budget speech will be the servicing of SA's massive debt along with the need to increase social spending.
Money Market with Chris Gibbons
Global markets down sharply as Russian troops amass on either side of Ukraine, Naspers, Prosus and Tencent plunge amid fears of a renewed China tech clampdown, and SAA will get a further three and a half billion rands.
Money Market with Chris Gibbons
Markets continue to be affected as the world holds its breath over the Russia/Ukraine crisis, and big news for South Africa this week will be the 2022 Budget presented by Minister Godongwana this Wednesday.