Money Market with Chris Gibbons
it’s 'Money Market with Chris Gibbons'
Money Market with Chris Gibbons
Global markets continue to labour under the shadow of the Russia/Ukraine crisis, SAA's restructuring deal has 'flown into turbulence', and US private equity firm, Silver Lake, invests in the All Blacks.
Money Market with Chris Gibbons
SA's Minerals and Energy Minister affirms his position on renewable energy, a Red Tape Team appointed to expedite business procedures, and "Mr. Market to Mr. Putin - we don't believe you're not going to invade your neighbour."
Money Market with Chris Gibbons
Global markets breathe a sigh of relief at the possibility of a de-escalation in Ukraine, Glencore to reopen its oil refinery in Cape Town, and Dutch international beer giant, Heineken, gets the green light from shareholders to buy Distell.
Money Market with Chris Gibbons
While all eyes are on Ukraine and Russia, big local stories back home include government considering the funding of part or all of Eskom's massive debt, red tape is holding up R90 billion rand in ready-to-go projects, and Sibanye-Stillwater strike looks imminent.
Money Market with Chris Gibbons
The possibility of an imminent invasion by Russia into Ukraine affects the markets, the IMF bemoans the state of SA's economy, and an interest rate hike likely on the cards.
Money Market with Chris Gibbons
Ramaphosa announces in State of the Nation Address that the R350 grant for the poor is extended for another 12 months, a new law around the selling of electricity to be introduced, and the public auction of high-frequency digital spectrum will commence within a month.
Money Market with Chris Gibbons
Business confidence in South Africa is on the up, COSATU welcomes minimum wage increase, and Anglo- American open new Aquila metallurgical coal mine 'down under.'
Money Market with Chris Gibbons
Employment quota for foreigners on the cards, the CEO of the beleaguered Landbank resigns, and former ABSA CEO appointed as the new head of the Presidential Climate Finance Task Team.
Money Market with Chris Gibbons
Eskom's CEO promises action over poor-performing managers as load-shedding hits again, the Western Cape High Court orders the temporary halting of a seismic survey off its coast, and Telkom under pressure.
Money Market with Chris Gibbons
Moody's still very glum about South Africa's prospects, and CADAC is sold for millions to a JSE listed importer.
Money Market with Chris Gibbons
In a world-first, SA's Afrigen Biologics announces that they have made their own version of the vaccine, and a day of wild swings on the markets as FaceBook/Metaverse records a huge loss due to the growth of rival TikTok.
Money Market with Chris Gibbons
Eskom reintroduces load shedding to avoid a 'grid collapse' and ' possible catastrophic' blackout, Cape Town reacts by looking for independent power suppliers, and British PM, Boris Johson, pledges to look into leading global consulting firm Bain's conduct in SA 'with urgency.'
Money Market with Chris Gibbons
Transet was the 'ground zero of state capture' - part 2 of the Zondo Commission's report continues with shocking revelations of big names linked to the plundering of state funds under Zuma's tenure. Will they be prosecuted?
Money Market with Chris Gibbons
Old Mutual wins High Court battle against former CEO, the mining sector generated a strong tax month for December, will National Treasury use it to cancel debt or spend it?
Money Market with Chris Gibbons
A fairly tumultuous first month of the year with the prediction for the rest of 2022 being that South Africa and other countries will continue to hike interest rates in a bid to curb rising inflation.
Money Market with Chris Gibbons
As expected, the Reserve Bank hikes interest rates by a quarter of a percent, Ramaphosa warns that a basic income grant is unaffordable, and the markets remain volatile as tensions continue to rise between Ukraine and Russia.
Money Market with Chris Gibbons
The US Federal Reserve Bank leaves rates unchanged, all eyes are now on the SA Reserve Bank ahead of its meeting today, there is a real possibility that an increase, albeit a slight one, will be announced this afternoon.
Money Market with Chris Gibbons
The International Monetary Fund cuts SA's growth forecast for 2022, SARS revenue collection is down, shining a light on where the money for a basic income grant would come from, and Ramaphosa orders an indepth probe into Telkom.
Money Market with Chris Gibbons
Global markets are badly rattled over worries Russia will invade Ukraine, the Western Cape High Court approves Steinhoff's billion rand settlement, and the Hawks arrest an ABSA engineer for the theft of over R100m.
Money Market with Chris Gibbons
A big week ahead regarding inflation and interest rates, global markets have reacted, and Amazon loses 20 billion dollars.