MoneywebNOW

[TOP STORY] What to expect from the MTBPS: Growth targets, debt, and wage bill challenges

Citadel's Maarten Ackerman looks ahead to next week's mini budget.

21 Oct 2AM 5 min

Standard Bank update confirms bull market

Nick Kunze Sanlam Private Wealth, Standard Bank and Pick n Pay trading update Maarten Ackerman Chief Economist Citadel a look ahead to next weeks mid term budget policy statement Christo de Wit South African country manager Luno on understanding crypto and tax

21 Oct 1AM 18 min

[TOP STORY] Redefine finance chief Ntobeko Nyawo on its R27bn debt restructure

The property group's CFO elaborates and explains that the evergreen funding arrangement has no termination date.

18 Oct 3AM 7 min

Company updates: The good, the fair and the ugly

Schalk Louw from PSG Old Oak discusses the latest updates from Premier Group, Mondi, and ArcelorMittal SA – the good, the poor, and the ugly. Redefine CFO Ntobeko Nyawo on restructuring R27.7 billion in debt into an evergreen funding model. Simon's take on staying the course: Buffett sold down his…

18 Oct 12AM 20 min

[TOP STORY] Will new-vehicle purchases recover after 100 years of SA production?

Marcia Mayaba from Auto SA at TransUnion talks sales and loan data, noting a shift toward used vehicles.

17 Oct 5AM 7 min

Strong inflows for Quilter boosts profits

Chantal Marx from FNB Wealth and Investments discusses Quilter's strong trading update. Marcia Mayaba from Auto SA at TransUnion talks about sales and loan data, noting a shift toward used vehicle purchases. Zak Calisto, CEO of Karooooo, comments on their strong quarter and upgraded guidance.

17 Oct 12AM 19 min

[TOP STORY] 'High interest rates are draining SA households and stifling economic growth'

‘Anybody who thinks that our short-term interest rates are going to entice people to invest in fixed deposits in our banking system must be out of their mind’, reckons ‘Sunshine’ economist Roelof Botha.

16 Oct 3AM 7 min

Why Bytes Technology is now offering opportunity

Faheema Adia from Momentum Securities discusses Bytes Technology's results, with revenue down but operating profits and margins up. Herschel Jawitz, CEO of Jawitz Properties, addresses the housing market and advice for overdue bondholders. Dr Roelof Botha presents the Q2 2024 results of the Altron Fintech Household Resilience Index.

16 Oct 1AM 20 min

[TOP STORY] Reits have had a ‘really good 12 months’

Old Mutual Property Fund manager Evan Robins says South Africa is seeing inflation growth from the sector, certainly in terms of net rental income.

15 Oct 2AM 6 min

The JSE's newest sector: Motor vehicles

Independent analyst Carmen Mpelwane discusses the growth of South Africa's listed motor vehicle sector, expanding from one pure play to four. Wikus Lategan, CEO of Calgro M3, reflects on results showing revenue decline but Heps growth. Evan Robins, Old Mutual Property Fund Manager, comments on the local Reit sector, which…

15 Oct 1AM 20 min

[TOP STORY] What stage of wealth creation and wealth preservation are you at?

Grant Alexander from Private Client Holdings explains the distinction between the two and reminds us that we need to plan for a longer retirement period than we would have 20 years ago.

14 Oct 3AM 8 min

US earnings season kicks off with strong bank results

Nick Kunze from Sanlam Private Wealth discusses US bank earnings and Equites Property Fund's results. Grant Alexander from Private Client Holdings explains the distinction between wealth creation and wealth preservation. Santho Mohapeloa from Allianz Commercial highlights the growing cost of cybercrime in South Africa.

14 Oct 1AM 20 min

[TOP STORY] Factors affecting rand strength in the next couple of months

Bianca Botes from Citadel Global looks at the possible impact of the US elections, China’s stimulus package, US inflation and interest rates, and SA’s Mid Term Budget Policy Statement on our currency.

11 Oct 3AM 6 min

Simon's take: Why renting a home is better than buying

Alex Duys from Umthombo Wealth discusses Tharisa's strong production update. Bianca Botes from Citadel Global weighs in on the rand’s strong performance against the US dollar in 2024 and the risks it faces. Simon shares his views on why he prefers renting over home ownership.

11 Oct 1AM 21 min

[TOP STORY] South Africans bought 3% less food in 2023

PwC's Andrew Dale stresses the need for local farmers to adopt new strategies and technologies to tackle food security challenges.

10 Oct 3AM 6 min

Trading Sasol ranges to reduce entry price: A guide

Petri Redelinghuys from Herenya Capital Advisors discusses their trading strategy for Sasol aimed at reducing their initial entry price. PwC's Andrew Dale stresses the need for local farmers to adopt new strategies and technologies to tackle food security challenges. Harry Scherzer, CEO of Future Forex, highlights concerning financial literacy statistics…

10 Oct 1AM 20 min

[TOP STORY] Have you noticed higher food prices?

All food groups on the UN Food and Agricultural Organisation's Global Food Price Index have risen, led in particular by sugar prices with a 10.4% month-on-month rise – Casey Sprake, Anchor Capital.

9 Oct 3AM 5 min

Miners are offering value … but be patient

Independent analyst Jimmy Moyaha on whether there's value in the local resources index, which is up for the year. Anchor's Casey Sprake discusses the impact of rising food inflation. Khantse Radebe from FNB Commercial on the growing trend of asset-based finance for corporates and SMEs.

9 Oct 1AM 20 min

[TOP STORY] Investing is risky. That's where the returns come from

Satrix CIO Kingsley Williams stresses the importance of knowing your investment duration and practising diversification, such as across different continents.

8 Oct 3AM 7 min

Opportunity in home builders as economy turns?

Chantal Marx from FNB Wealth and Investments on contrasting updates from Balwin and strong-performing Calgro M3. Are there opportunities in these stocks? Kingsley Williams, CIO of Satrix, discusses market opportunities in India, local sectors, and tech. Wayne Abramson, CEO of ATM Solutions, on the impact of cash on consumer behaviour…

8 Oct 1AM 19 min