Money Market with Chris Gibbons
it’s 'Money Market with Chris Gibbons'
Money Market with Chris Gibbons
Hailed by some and criticized by others, Finance Minister Enoch Godongwana presented his medium-term budget to parliament yesterday. (Chris Buchanan was standing in for Chris Gibbons)t
Money Market with Chris Gibbons
Vodacom announces massive deals that will embrace the future of 5G, the Finance Minister will present his medium-term budget in parliament later today, and fears in the USA that interest rates will rise due to the high rate of inflation. (Chris Buccanhan was standing in for Chris Gibbons)
Money Market with Chris Gibbons
The Minerals and Energy Minister calls on African nations to form a united front against global pressure to abandon fossil fuels, Eskom's CEO refuses to step down following calls for his resignation, and Royal Bafokeng strikes a deal with Northern Platinum worth billions. (Chris Buchanan was standing in for Chris…
Money Market with Chris Gibbons
Eskom's stage 4 rolling blackouts keeping President Cyril Ramaphosa "awake at night", the crypto universe hits a 3 trillion dollars market cap, and momentum on Wall Street slowing ahead of inflation numbers this week. (Chris Buchanan was standing in for Chris Gibbons)
Money Market with Chris Gibbons
All eyes will be on the Finance Minister and Eskom this week for very different reasons, the rolling blackouts will no doubt fuel skepticism around a positive GDP prediction in the mini-budget, and rumor has it that MTN has its eyes on Telkom. (Chris Buchanan was standing in for Chris…
Money Market with Chris Gibbons
MTN to sell shares in its Nigerian unit worth 3.72 billion rands, COSATU is applauding the announcement at COP26 that rich nations will help to fund South Africa's transition from coal to green energy, and a weaker day for the JSE.
Money Market with Chris Gibbons
Anglo American's CEO steps down after nine years at the helm, South Africa could be a coal transition model for other countries moving to cleaner energy, and veteran entrepreneur Brian Joffe in talks to sell Long4Life.
Money Market with Chris Gibbons
South Africa has signed a major deal at COP26 to fund the move away from coal, Rand Merchant Bank warns that the motor industry could lose access to lucrative export markets unless it retools its factories to manufacture electric vehicles, and all eyes are on the US Federal Reserve today.
Money Market with Chris Gibbons
Sharp fuel increases coming our way tomorrow, East London's Industrial Development Zone manages to secure nine new investors, and the markets are watching and waiting ahead of decisions on interest rates by several major central banks.
Money Market with Chris Gibbons
The Hawks are investigating a portion of a suspect fuel tender linked to EFF leaders, the Public Investment Corporation has finally fired its Chief Financial Officer, and the EOH achieves a massive turnaround.
Money Market with Chris Gibbons
Impala Platinum planning a deal that would create the world's biggest producer of platinum group metals, take over talks are still underway between Dutch beer brewer Heiniken and Distell, and where did all the covid emergency money go? - the IMF wants to know.
Money Market with Chris Gibbons
South Africa to prioritize the production of electric cars, the medium-term budget policy statement has been delayed by a week due to the local government elections, and an unseemly row at the top level of South African business rumbles on.
Money Market with Chris Gibbons
A big addition for Aspen's flagship manufacturing site in Gqeberha, Nigeria becomes the first country in Africa to introduce an E currency, and USA car rental company Hertz buys one hundred thousand Tesla electric cars to add to its fleet.
Money Market with Chris Gibbons
The Treasury Deputy General says it "pays to be a criminal in South Africa", Business Unity SA is going to court to seek legal certainty on companies rights to require their staff to get vaccinated as demand for the jab falls off, and Friday was a much better day for…
Money Market with Chris Gibbons
The strike in the steel and engineering sector is over, Chinese property giant Evergrande is reported to have found the necessary funds to pay a dollar bond, and a US regulator has made a record payout to a whistleblower.
Money Market with Chris Gibbons
Are we heading for an interest rate increase? Multichoice Nigeria is cleared to appeal a 4.4 billion US dollar tax claim, and Bitcoin records a new record high.
Money Market with Chris Gibbons
Are foreigners net buyers or sellers of government bonds? Airports Company SA reports its worst loss in 28-years, and Fly Safair wants the government to move weekday public holidays.
Money Market with Chris Gibbons
South Africa faces a catastrophic increase in the price of fuel before the end of the year, the tourism industry continues to battle the effects of the covid pandemic, and the markets are in reasonable shape.
Money Market with Chris Gibbons
NERSA rejects Eskom's price plan going into 2025, MTN and Vodacom join Telkom in suing ICASA over a bid to take back emergency spectrum, and the strikes in the steel and engineering sectors continue.
Money Market with Chris Gibbons
SA's Energy Minister says developed countries must not give South Africa conditions for international funding, while an analysis by Tech Central suggests as much as half of Eskom's coal fire stations are offline, and legendary entrepreneur Brian Joffe steps down.