This site requires JavaScript to be enabled. Please enable JavaScript in your browser settings, or upgrade to a modern browser.

South Africans pile into forex trading as Covid-19 erodes savings, claims jobs - Mr Daniel Kibel, CM Trading

Loading player...

Covid-19 containment has cost millions of jobs and put pressure on many individuals, who have been forced to eat into savings to survive. In this interview with BizNews’ Jackie Cameron, Mr Daniel Kibel, the CEO of CM Trading, reveals that the number of active forex traders in South Africa has grown exponentially in recent months as individuals look at alternative ways to make money. Mr Kibel, who heads the largest international retail brokerage in SA, shares tips and sets out where the risks lie in trading. He has some useful suggestions for new entrants as well as more seasoned traders. - Jackie Cameron Learn more about your ad choices. Visit megaphone.fm/adchoices

9 Jun 2020 1PM English South Africa Investing · Business News

Other recent episodes

Director’s Cut: Foot-and-mouth fallout – Athol Trollip warns of zero income and food insecurity

From dairy farms to feedlots, South Africa’s agricultural economy is under siege. Athol Trollip outlines how foot-and-mouth disease has crushed production, frozen incomes and exposed deep failures inside the Department of Agriculture. A conversation every business leader and taxpayer should hear.

15 Jan 7AM 34 min

The Editor's Desk - Thur 15 Jan 2026: Two red flags - flow-driven markets and SA’s foot-and-mouth vaccine mess

ETFs and mandates are reshaping markets. In today’s Editor’s Desk, BizNews editor Alec Hogg explains why $1 of inflows can move $5 of market value—plus what SA’s foot-and-mouth vaccine fiasco says about state capacity. R10k prize for your best 800-word investment idea.

15 Jan 7AM 17 min

BN Daybreak Thurs 15 Jan: Abedian on SA Silence about “21st Century Nazis”; Mining Indaba's back story; Sasol Surges

In this morning's briefing, Alec Hogg unpacks a volatile geopolitical landscape where conflicting reports emerge from Iran—Donald Trump claims de-escalation while internal memos suggest mass casualties. We speak to Iranian-born and bred entrepreneur and former UCT Economics Prof Iraj Abedian, who delivers a scathing critique of the South African government's…

14 Jan 11PM 17 min

BN Briefing: Leaked Iran death toll, US-SA relations, and Equities vs Gold

In this BizNews Briefing, Dr. Iraj Abedian reveals leaked reports of 12,000 deaths in Iran, questioning the South African government’s silence. The Hudson Institute's Josh Meservey analyses Pretoria’s alignment with American adversaries. Plus, David Shapiro discusses the "survival mode" of South African business, and Peter Major explains why equities historically…

14 Jan 5AM 13 min

Director’s Cut: Iran on a knife edge - Dr Iraj Abedian on killings, SA silence and Trump's gamble

Iran is burning and the world is hesitating. Economist Iraj Abedian delivers a raw, emotional account of a nation held hostage by its own regime, why South Africa’s silence is so troubling, and why Donald Trump may now be the only wild card left as thousands are killed behind an…

14 Jan 8AM 44 min

All episodes