Money Market with Chris Gibbons
it’s 'Money Market with Chris Gibbons'
Money Market with Chris Gibbons
The UK puts SA back on its red list in a major blow to tourism, the new strain of the virus has spooked investors, and cabinet approves new carbon targets.
Money Market with Chris Gibbons
An ex -Lead Director at ABSA is taking the bank to court for firing him, international investors remain skittish due to rising inflation, and in the US, a non-existent piece of land has been purchased for millions.
Money Market with Chris Gibbons
The Government Employees Pension Fund says there are significant hurdles to converting the bonds it holds in Eskom to equity to assist struggling Eskom, mining houses are planning massive renewable energy projects, and the US to release 50m barrels of reserve oil.
Money Market with Chris Gibbons
Global markets balancing pressure from surging covid cases in Europe with travel stocks also feeling the heat as Austria goes into lockdown, and Germany looking set to follow.
Money Market with Chris Gibbons
No change for SA's credit ratings, Austria to go into a hard lockdown, and the rand and remains under pressure.
Money Market with Chris Gibbons
The interest rate hike saw the rand fall to its lowest level this year, Turkey goes against the grain by cutting interest rates, and it looks like it's all over for Mango Airlines.
Money Market with Chris Gibbons
SA's R131 billion climate change loan is not a done deal, Minister Pravin Gordhan hints at sabotage by 'certain' Eskom employees, and the Reserve Bank to make a decision on interest rates later on today.
Money Market with Chris Gibbons
Massmart is gearing up for a massive strike come Friday, Tax Justice Network says billions in tax revenue is lost due to tax abuse, and Naspers expecting a fall in earnings.
Money Market with Chris Gibbons
Trouble looming for the Massmart group ahead of Black Friday, Heineken to buy "booze giant", and all eyes are on the virtual summit between the USA and China. (Chris Buchanan was standing in for Chris Gibbons)
Money Market with Chris Gibbons
Two important announcements this week, October CPI Data out Wednesday and an interest rates decision come Thursday, and Transnet, the Coega Special Economic Zone, and the Central Energy Fund looking to develop a floating gas storage unit. (Chris Buchanan was standing in for Chris Gibbons)
Money Market with Chris Gibbons
Hailed by some and criticized by others, Finance Minister Enoch Godongwana presented his medium-term budget to parliament yesterday. (Chris Buchanan was standing in for Chris Gibbons)t
Money Market with Chris Gibbons
Vodacom announces massive deals that will embrace the future of 5G, the Finance Minister will present his medium-term budget in parliament later today, and fears in the USA that interest rates will rise due to the high rate of inflation. (Chris Buccanhan was standing in for Chris Gibbons)
Money Market with Chris Gibbons
The Minerals and Energy Minister calls on African nations to form a united front against global pressure to abandon fossil fuels, Eskom's CEO refuses to step down following calls for his resignation, and Royal Bafokeng strikes a deal with Northern Platinum worth billions. (Chris Buchanan was standing in for Chris…
Money Market with Chris Gibbons
Eskom's stage 4 rolling blackouts keeping President Cyril Ramaphosa "awake at night", the crypto universe hits a 3 trillion dollars market cap, and momentum on Wall Street slowing ahead of inflation numbers this week. (Chris Buchanan was standing in for Chris Gibbons)
Money Market with Chris Gibbons
All eyes will be on the Finance Minister and Eskom this week for very different reasons, the rolling blackouts will no doubt fuel skepticism around a positive GDP prediction in the mini-budget, and rumor has it that MTN has its eyes on Telkom. (Chris Buchanan was standing in for Chris…
Money Market with Chris Gibbons
MTN to sell shares in its Nigerian unit worth 3.72 billion rands, COSATU is applauding the announcement at COP26 that rich nations will help to fund South Africa's transition from coal to green energy, and a weaker day for the JSE.
Money Market with Chris Gibbons
Anglo American's CEO steps down after nine years at the helm, South Africa could be a coal transition model for other countries moving to cleaner energy, and veteran entrepreneur Brian Joffe in talks to sell Long4Life.
Money Market with Chris Gibbons
South Africa has signed a major deal at COP26 to fund the move away from coal, Rand Merchant Bank warns that the motor industry could lose access to lucrative export markets unless it retools its factories to manufacture electric vehicles, and all eyes are on the US Federal Reserve today.
Money Market with Chris Gibbons
Sharp fuel increases coming our way tomorrow, East London's Industrial Development Zone manages to secure nine new investors, and the markets are watching and waiting ahead of decisions on interest rates by several major central banks.
Money Market with Chris Gibbons
The Hawks are investigating a portion of a suspect fuel tender linked to EFF leaders, the Public Investment Corporation has finally fired its Chief Financial Officer, and the EOH achieves a massive turnaround.