Kumba decreases dividend on weaker prices and lower demand

Makwe Masilela of Makwe Fund Managers runs us through the day's market developments as the local bourse closes in the red, trading updates from Rainbow Chicken and Italtile, movements in the resources sector, leadership changes at Growthpoint, ArcelorMittal's further cautionary announcement, and a look at the rand.

Wilhelm Hertzog – Portfolio Manager, Rozendal Partners

Dr Iraj Abedian – Founder and Chief Executive, Pan-African Investment and Research Services

Patricia de Lille – Minister of Tourism

This evening, we dive into market movements with Makwe Fund Managers, examine Gemfield’s decision to dispose of its stake in Fabergé with Rozendal Partners, we discuss the possibility of a PGM exchange with economist Dr Iraj Abedian, Minister of Tourism Patricia de Lille unpacks strategic moves by the department to…