MoneywebNOW

[TOP STORY] The future of banking, now – even for the over-60s

Discovery Bank CEO Hylton Kallner discusses the ease of using the bank’s ‘super app’, to seamlessly, instantaneously and securely trade equities, buy airline flights, buy data, buy airtime and speak to expert bankers.

30 Aug 2022 2AM 6 min

Bitcoin heading for $15k

Petri Redelinghuys from Herenya Capital Advisors talks downside targets for US markets and Bitcoin. Roy Douglas, ADvTECH CEO, unpacks solid results as resourcing does extremely well off a low base while credit losses increase 42%. Hylton Kallner CEO Discovery Bank talks the future of banking.

30 Aug 2022 1AM 20 min

[Top Story] Grindrod delivers pleasing results despite constraints

‘One hopes that at some stage the logistics supply chain globally will unwind and normalise’: Xolani Mbambo: CEO, Grindrod Freight Services.

29 Aug 2022 2AM 7 min

Why women investors make better returns than men

Faheema Adia from Momentum Securities talks Jerome Powell's Jackson Hole comments as they spook markets. Grindrod's Xolani Mbambo unpacks results and talks the future of coal. Nicole van den Munckhof of Independent Securities explains why women make better investors.

29 Aug 2022 12AM 20 min

[TOP STORY] OneLogix comes through year of challenges

CEO Ian Lourens looks back on strikes, KZN violence and a freak hailstorm.

26 Aug 2022 4AM 7 min

'We view this as a bear market rally'

FNB's Wayne McCurrie unpacks the Sibanye-Stillwater results and the central bankers' meeting at Jackson Hole. Ian Lourens of OneLogix talks results and offers insights into the logistics industry. Simon gives his thoughts on the non-mining results so far.

26 Aug 2022 1AM 19 min

[TOP STORY] What's driving the dollar stronger across all currencies?

The dollar is showing confidence and is supported by the probability of continued aggressive tightening of monetary policy by the Fed and Jerome Powell: Matete Thulare – RMB.

25 Aug 2022 7AM 4 min

PG Bison sees demand outstripping supply

RMB's Matete Thulare RMB on currencies as the US dollar index trades at 20-year highs, what’s driving the rush in dollars? Gary Chaplin of Kap Industrial talks results as PG Bison has a record year and its dividend almost doubles. STANLIB's Derrick Msibi as they celebrate twenty years of managing…

25 Aug 2022 1AM 19 min

Stanlib celebrates twenty years of managing client assets.

Derrick Msibi - CEO, Stanlib

25 Aug 2022 1AM 5 min

[TOP STORY] Sarb approves banks working with crypto exchanges in SA

The global approach so far has been that central banks typically prohibited financial institutions from providing banking services to cryptocurrency businesses: Luno GM Marius Reitz.

24 Aug 2022 3AM 6 min

Sasol moves away from pure energy play as chemicals grow

Independent analyst Jimmy Moyaha talks Sasol results as the company announces its first dividend since February 2019. Ronny Katz of Workforce Holdings on their placements business. Marius Reitz, GM Luno Africa, on crypto exchange bank accounts and the Ethereum change, will it impact your holdings?

24 Aug 2022 1AM 21 min

[TOP STORY] SA consumers now spending more on less

The NielsenIQ State of the Retail Nation report shows South Africans are spending more on liquor but making fewer trips to shop, buying more per trip: Jon-Jon Emary, NielsenIQ.

23 Aug 2022 2AM 6 min

Afrimat Gravenhage manganese mine deal collapse

Carmen Mpelwane, portfolio manager at Absa Asset Management, on the Afrimat Gravenhage manganese mining deal expiring and the Sun International update. Jon-Jon Emary, strategic sales and analytics leader at NielsenIQ, on the state of the South African shopper. Tharina Bennie-van Dyk, corporate leverage finance at Investec, on SA companies’ big…

23 Aug 2022 1AM 19 min

[TOP STORY] China increasingly dominant in technology and space

‘They really are heading our way and we need to be ready for them,’ declares OMIG director of investment Hywel George.

22 Aug 2022 2AM 5 min

Strong Spur results as consumers are eating out again

Nick Kunze of Sanlam Private Wealth on Spur and Standard Bank results. Hywel George, director of investments at Old Mutual Investment Group, on a return to the 70s and the rise of China .Reza Hendrickse, portfolio manager at PPS Investments, on where to position a multi-asset portfolio.

22 Aug 2022 12AM 19 min

[TOP STORY] Life today is more about experience than owning things

‘Subscription is becoming far more accepted as a way of consuming things’: Teljoy group CEO Jonathan Hurvitz.

19 Aug 2022 2AM 8 min

Strong Exxaro results preferred over Thungela

Mia Kruger on Exxaro and Curro results.Jonathan Hurvitz group CEO Teljoy on the importance of brands and the shift to access over ownership. Simon thoughts on the Nasdaq is now in a bull market.

19 Aug 2022 1AM 19 min

[TOP STORY] Tencent Q2 results ‘not a train smash’

Schalk Louw from PSG Old Oak still believes Tencent is a company struggling at great multiples. Its revenue decline now seems under control.

18 Aug 2022 2AM 6 min

Residential property has a structural shortage underpinning demand

Faheema Adia from Momentum Securities unpacks the Truworths and Aspen updates. Nic Watchorn of Transcend Reit talks results and the state of the residential property market. PSG Old Oak's Schalk Louw on Tencent results as it reports a first-ever revenue decline.

18 Aug 2022 1AM 20 min

[TOP STORY] Consumers squeezed even more in Q2, and Q3 promises no relief

Access to borrowing from family or friends dissipates as families and friends also come under financial pressure: Momentum economist Johann van Tonder.

17 Aug 2022 2AM 5 min