BBB Ep 21 - Nervy markets as Walmart disappoints, down 10%, knocks Amazon; Gold majors fall on JSE; Wall Street waits for Big Tech quarterlies; Leon L..

Loading player...
Share prices are reflecting investor nervousness ahead of the US Fed's big interest rate decision tomorrow - and Wall Street is also pre-occupied by the Big Tech quarterlies later this week when Amazon, Apple, Alphabet and Meta report. Numbers from Walmart delivered a shock with that stock dropping 10% in after-market trade, dragging Amazon 4% lower. To help the BizNews Breakfast Briefing more digestible, we've cut back to a single interview's highlights and today feature Leon Louw, president of the Free Market Foundation, who is in attack mode against the organisation he co-founded in 1975. Apart from previewing Big Tech quarterlies, our partners at the FT also disclose which cities are especially vulnerable to record high temperatures that have hit during the Northern Hemisphere summer. Learn more about your ad choices. Visit megaphone.fm/adchoices
26 Jul 2022 12AM English South Africa Investing · Business News

Other recent episodes

Rubio’s visa move a blunder: FW de Klerk Foundation appeals to Washington to reconsider

The Trump administration has escalated its pressure on South Africa, with Secretary of State Marco Rubio announcing new visa restrictions over land expropriation laws and racial discrimination against the Afrikaner minority. Christo van der Rheede, executive director of the FW de Klerk Foundation, calls it a profound strategic blunder, one…
18 Sep 9AM 17 min

How Alec Hogg's 45 years in journalism culminated in BizNews and its loyal "tribe"

This interview was livestreamed on Conscious Caracal on 11 September 2026. Find Ernst van Zyl's Conscious Caracal Podcast here: https://www.youtube.com/@UCeNFLCUJ2lM1S_H32ICVs4w Before BizNews, there was a bank job Alec Hogg quit within three years, a company called Moneyweb he built from a room above his garage and then lost control of,…
18 Sep 9AM 49 min

Corné Mulder says SA could have a new government before 2029

South Africa just joined a short and unflattering list of countries facing individual US visa restrictions, and Freedom Front Plus leader Corné Mulder says he saw it coming from a manifesto launch stage days before it happened. He tells Alec Hogg why he thinks Cyril Ramaphosa's habit of avoiding decisions…
17 Sep 10AM 28 min