BBB Ep 15 - Tempered Fed helps shares; Tongaat shareholder revolt; Prof Jansen hits ANC jugular; Remote work changing USA

Loading player...
Highlights of two powerful interviews featured in this morning's BizNews Breakfast Briefing as the usually urbane chartered accountant-turned-shareholder-activist Dave Woollam loses patience with the board and management at Tongaat - and now wants them out; and SA academic and author Prof Jonathan Jansen urges his countrymen to hit the eject button on the ANC. On the markets, Wall Street celebrates a lifely moderating by the Fed's in its approach to the July 27 interest rate increase; and our partners at the FT dig into the way America is being changed by the dramatic switch to remote work. Learn more about your ad choices. Visit megaphone.fm/adchoices
18 Jul 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