The Money Shot

Where did Uber go Wrong?

Seleho Tsatsi is in for Anthea today, and he anticipates that like-for-like net rental income for 2019 will be down by around 9%. He gives an update on Dis-Chem and how things are looking for them. Could they be the next Clicks? Uber on the other hand has their results…

10 Nov 2019 12 min

From Stable to Negative

Oil imports decreased during the month of September, causing trade surplus to widen. With the budget behind us, this past Friday Moody’s changed our outlook from Stable to Negative. On a brighter note, the US Dept of Labour said that they had added 128k jobs.

3 Nov 2019 10 min

The Highs & Lows of our Markets

This week crude oil dropped below $61/bbl... we find out why with Anthea. Pick n Pay on the other hand reported a very impressive set of results, with an increase in turnover. Twitter reported a Q3 net income of $37-million, or 5 US cents per share.

28 Oct 2019 14 min

Netflix vs Disney vs Amazon

Henry Biddlecombe joins us in place of Anthea this week, and he chats about streaming wars - with Disney and Amazon coming up as strong contenders against the likes of Netflix. He also touches on Brexit, and what it actually means for investors.

21 Oct 2019 16 min

Currencies & Sensitivity

EM currency traders reacted nervously to Trump’s tweet, and Anthea explains why currencies are sensitive to seemingly insignificant things such as a tweet or someone's opinion. Trade negotiations remained in the spotlight as the Chinese delegation headed to Washington. Meanwhile back home, President Ramaphosa - in his recently launched Monday…

14 Oct 2019 13 min

Trade Wars & Risk

Markets were plagued by risk off sentiment last week as traders and investors worried about trade wars. Meanwhile, it looks like we’ll have a new listing on the JSE next year with Engen raising money to upgrade its Durban facilities. Then, FSCA imposed a record R100m fine on MetCI last…

7 Oct 2019 13 min

The Rise & Fall of Banking

Pick n Pay makes a startling announcement around being billions in debt. Capitec on the other hand seems to be bucking the banking trend and growing ever stronger, where other banks are seeing a decline. Then, Niche financial services group Ecsponent announces that they are expecting HEPS to fall by…

30 Sep 2019 16 min

The week of Central Banks

Anthea is back and gives us a full update on everything in the world of finance and banking. The CPI inflation has come out at 4.4%, while the EOH is expecting an EPS loss, and Sasol is planning on selling its South African coal mining business.

23 Sep 2019 16 min

Why the Market has it so Wrong

Facebook: the 'not so sexy' tech stock these days. Henry Biddlecombe chats to us about social media platforms and what strategies they are putting in place to bring in more revenue. Do you know what influences your spending habits? Well big organisations do, and it might be useful to know…

16 Sep 2019 12 min

Interesting Developments in the Tech Space

Sasol delays the release of its FY19 restuls and Seleho Tsatsi is in to tell us more. A new Apple phone has been unveiled and we get into the financials of this mobile giant, as well as whether it's actually worth the upgrade. On the other end of the spectrum,…

9 Sep 2019 13 min

Let’s See the Results

There’s lots of company results from this past week. Stadio reported a 46% in HEPS for the first half of their financial year. Logistics business Imperial reported a 7% decline in full year earnings, blaming the economy for the poor performance. And finally, DRD Gold increased revenue by 11% and…

2 Sep 2019 13 min

Make up your mind Mr President

Global markets adopted a 'wait and see' approach this week, in anticipation of what the US Fed would say at the Jackson Hole meeting, after the Yield curve inverted last week; volumes were just pathetic. Investors are getting whiplash as Trump spent the week flip flopping. Back home, Moody’s issued…

26 Aug 2019 13 min

US & Argentina Creating Waves

The US yield curve inverted (although briefly), meaning that the yield on the 10 year government bond was lower than the yield on the 2 year bond. Find out why this is important in this week's episode of the Money Shot. And, Argentinian populist candidate Alberto Fernandez won the primary…

19 Aug 2019 15 min

Threats of currency war & SASBO strike

China fired a warning shot as it weakened its currency against the US Dollar. The Yuan fell by 6% on Monday, not enough to make up for the Trade Tariffs that were imposed the week before, but certainly a warning. Trump reacted badly, asking the Fed to review currency manipulation…

12 Aug 2019 20 min

Billions on the Move

It's a busy week as the US Fed cuts interest rates. Trump imposes an additional 10% trade tariff on $300bn worth of Chinese goods. Meanwhile back at home, the boardroom brawl continues between Old Mutual and Peter Moyo, Eskom reports a R20.7bn loss for the financial year, and the Rand…

5 Aug 2019 13 min

SA Govt treading dangerous waters

CPI inflation came in again slap bang in the middle of the SARB’s target range. Eskom gets an additional bailout of R59bn, and the chickens are already coming home to roost as Fitch kept our credit rating stable, but downgrades the outlook from stable to negative... and Moody’s warns that…

29 Jul 2019 14 min

What the Markets Are Not Loving

It seems like the markets are not loving the renewed talks of China/US trade wars and the seizing of the British “fuel smuggling” tanker by Iran in the Strait of Homuz. Anthea explains that, as well as sharing the good news of the SA Reserve Bank cutting interest rates and…

22 Jul 2019 12 min

To Virgin Galactic, and Beyond...

The market is swinging in all directions while the Rand is constantly flirting with the 13 handle to the USD, but can’t seem to settle on this figure. Woolworths releases a trading update which is in line with what was expected. Health is important and FNB’s banking app now rewards…

15 Jul 2019 16 min

Peter Moyo vs Trevor Manuel

With Gareth away, the rest of the team take up this week's finance conversations with Anthea, starting with a look at trading volumes and US non-farm payrolls. Congratulations go out to Christine Lagarde and Phuti Mahanyele-Debengwa on their new positions. Anthea then unpacks Eskom’s debt for government bonds or ring-fencing…

8 Jul 2019 15 min

The New #PayBackTheMoney

With the beginning of July signalling the mid-point of the year, Anthea reports on the JSE closing the first half of 2019 in positive territory, despite a weak economy - an economy that remains stuck in its longest downward cycle since 1945. She also looks at the formal sector adding…

1 Jul 2019 10 min