BBB Ep 25 - Stocks end strongly, making July best month since April 2020; Arcelor Mittal's appeal for investors; Crypto back in favour; China fears pr..

Loading player...
While the Western World celebrates July as the best month for stock markets since April 2020's Covid lockdown bounce, China is seeing ominous signs of social unrest in the wake of massive property development company defaults. Also in this episode of the BizNews Breakfast Briefing, investors jump back into crypto currencies and gold - both targeted as inflation hedges - and we have highlights from our interview with Arcelor Mittal CEO Kobus Verster which explores the steelmaker's leverage to the potential of an improved (post-2024) South African economy. Learn more about your ad choices. Visit megaphone.fm/adchoices
1 Aug 2022 12AM English South Africa Investing · Business News

Other recent episodes

The BizNews Edge: African Bank's Billion-Rand Acquisition Trap

African Bank swung to a loss of nearly a billion rand after a four-year spree of buying and bolting together three banks to build a full-service lender, and the bad debt charge is still climbing. The contrast is brutal: a focused platinum-and-chrome miner, Tharisa, is printing cash with profit up…
25 Jun 7AM 9 min

The BizNews Edge: Nedbank, Grindrod and the coal stock no one was watching

Nedbank confirmed its guidance this morning, and its East Africa deal is weeks from closing - a transformation most investors are still underpricing. Grindrod's Port of Maputo posted extraordinary volumes, but the share may already be priced for perfection. A small coal miner no one follows just disclosed an 1,800%…
24 Jun 8AM 26 min